It turned out that Bithumb (Bissam) of Korea’s leading cryptocurrency exchange starts OTC service at “ORTUS”.
(Image source: ORTUS )
OTC (over-the-counter transaction) means that the seller and the buyer make a direct deal without going through the exchange board. This will prevent the price from falling in one big deal.
ORTUS has offices in five countries: the UK, Hong Kong, Japan, Australia and Argentina.
(Image source: ORTUS)
The company does not reveal which digital asset is handled as an OTC transaction so far, but it is said that users need to pass strict process concerning customer information (KYC) and money laundering.
– Binance announces the start of handling OTC service – CRYPTO TIMES
– US Coinbase (coin base) starts OTC trading for institutional investors! – CRYPTO TIMES
Article Source: PR Newswire
Author: Yush [Coin Desk News] – Source Post: https://crypto-times.jp/bithumb-otc-crypto/
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