I read the news about OTC but cannot find any further info about Binance OTC, seems like nobody talking about it. Anyone purchased on via Binance OTC before? Would you mind reviewing it?

Is the price at OTC same as on online exchange?


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Posted in Binance Reddit and tagged

4 Comments

  1. BinanceCS on 1. March 2019 at 20:14

    Hi there, thank you for your interest in Binance OTC business, please refer to the following link for more details:

    [https://www.binance.com/en/blog/294786426278453248/Crypto-OTC-Services-Now-Available-on-Binance](https://www.binance.com/en/blog/294786426278453248/Crypto-OTC-Services-Now-Available-on-Binance)

     


  2. Zulunation101 on 1. March 2019 at 20:14

    Anyone buying OTC is doing so for a reason, and therefore is unlikely to want to do so publicly.

     


  3. TotesMessenger on 1. March 2019 at 20:14

    I’m a bot, *bleep*, *bloop*. Someone has linked to this thread from another place on reddit:

    – [/r/u_crypton4ik] [Subx](https://www.reddit.com/r/u_Crypton4ik/comments/avkrlx/subx/)

     *^(If you follow any of the above links, please respect the rules of reddit and don’t vote in the other threads.) ^([Info](/r/TotesMessenger) ^/ ^[Contact](/message/compose?to=/r/TotesMessenger))*

     


  4. Lalit-K on 1. March 2019 at 20:14

    I believe buying bulk (OTC) would get you some discounts on the pricing. But, Binance has made it difficult for an average trader/buyer to enter the OTC market. Minimum of 20 BTC worth trade is required to be eligible for OTC.

    [Reference: BINANCE OTC](https://www.binance.com/en/blog/294786426278453248/Crypto-OTC-Services-Now-Available-on-Binance)