OTC

Chat

OTC

  • Liquidity from BlockSettle’s Participant userbase
  • Negotiate directly with your chat contacts
  • Trading Participant Status and a verified Authentication Address is required for OTC Trading

Chat

  • Communication is conducted in privacy
  • Encryption is based on BIP150/151
  • Encryption keys are held by the Participant

Specifications

Settlement procedure

Specifications

  • OTC trading is currently offered in XBT/EUR only
  • No buy-side transaction fees
  • Cash is reserved prior to settlement execution
  • Trade prices and volumes are not made public
  • Supports Hardware wallet trading

Settlement procedure

  • Cash is reserved prior to settlement execution
  • Settlement Pay-In Execution is 300 seconds
  • Settlement Pay-Out Execution is 30 seconds
  • Peer-to-peer settlement of bitcoin
Participants