Bitcoin / Crypto OTC Trading Desks
There are a number of firms that now provide over-the-counter (OTC) exchange or liquidity services in Bitcoin and other digital assets for their customers.
This is simply a list of links. Last update was on 20 September, 2020. Feedback welcome. As always, do YOUR OWN due diligence.
OTC Desks / Brokers / Block Liquidity Providers
- FalconX
- Kraken ←Acquired Circle Trade
- DRW / Cumberland
- Galaxy Digital
- SigOne Capital
- Genesis Block
- Genesis Global Trading
- Tagomi
- QCP Capital
- Paradigm
- Gemini ← Access to daily cross auction as well
- Jump Trading
- Coinbase Prime (OTC coming soon)
- Galois Capital
- Akuna Capital
- itBit by Paxos
- SFOX
- FBG Capital
- B2C2
- BCB Group
- DAM/Digital Asset Management
- OSL
- BlockFills
- Tilde
- XBTO Trading(U.S.), XBTO International
- Trusted Volumes OTC
- BEQUANT
- HitBTC
- Wyre
- L2B Global
- Koi Trading
- OVEX
- Kaiserex
- Shift Markets
- Caleb and Brown
- LGO Markets
- CoinHako
- SJMX Blocks (San Juan Mercantile Exchange)
- Binance OTC [or for U.S., Binance.US OTC]
- HodlHodl
- BitSTAMP
- Independent Reserve
- Huobi OTC
- FTX OTC
- Bittrex
- CoinCheck
- BitBay
- Mt Pelerin
- Rain
- BloomX
- Xapo
- BitPanda Plus
- Bity
- CMT Digital
- xSats
- Hehmeyer
- TrigonX
- BitTrade
- BitcoinVN
- Enigma Securities
- Bitcoin Suisse
- Key Digital
- Athena
- IBC Group
- DV Chain / DV Trading
- Bull Bitcoin
- CoinCola
- DigitalMint
- CoinFlip Preferred
- National Bitcoin ATM
- RockitCoin
- Bitcoin Depot
- Secure Digital Markets
- Yellow Card OTC
- Bitaroo
- Cryset
- Grapefruit Trading
- CoinField
- BitQuoine OTC
- Coinchange
- Bit2ME OTC
- BitcoinToYou
- HiveEx.com
- Chain Partners
- GSR Markets
- Bitbuy
- KoinBros
- Nexo
- VirgoCX
- Bitvo
- Bitvalex
- ZBX
- GDAC
- Vaultoro Gold OTC
- Kenetic Capital [Inactive]
- Additional brokers and block liquidity providers by CME Group
- 14 Bitcoin OTC brokers you need to know by SFOX
Physical Stores and Trading spaces
- BitKonan’s Bitcoin Store Split and Zagreb, Croatia
- House of Nakamoto Vienna, Austria
- IBEX / BuyBitcoin.London London, U.K.
- Crypto Plug Inglewood, CA [Trading Space]
- And many more throughout the world.
Publicly Traded — ETF/Futures/Options/Swaps/etc. (regulated)
- CME Bitcoin Futures
- Bakkt (ICE Futures U.S.)
- LedgerX
- Grayscale/Bitcoin Investment Trust: $GBTC
- XBT Provider
- Bitcoin Tracker One (Nasdaq Stockholm) ETN: $CXBTF (trades in U.S. on Fidelity)
- 3iQ: Global Cryptoasset Fund
- Amun Crypto (Swiss SIX) ETP $HODL5
- Hanetf BTCE (BTCetc Bitcoin Exchange Traded Crypto) ← Choose Ireland, for example. then paste the URL again for details on BTCE.
Trading markets — Futures/Options/Swaps (Unregulated or smaller)
- Bitmex
- FTX
- Deribit
- ByBit
- bitFlyer
- OKEx
- CoinFloor UK
- Crypto Facilities Ltd.
- CoinFlex
- eToro
- Binance Futures
- Binance JEX
- Bithumb Global
- Huobi Global
- Huobi MENA
- BTSE
- GMO Japan
- Bolama
- Quedex
- AMarkets
- NordFX
- FXOpen
- FXCM
- IC Markets
- AgoraDesk [P2P Options]
- And more …
Leveraged Buying / Selling on Traditional bitcoin Exchanges
- ExchangeWar ← See the “Features” column to the right for leverage levels.
Custodial / Escrow and Legal Services
- Noble Bank International
- Dentons
- Wilmington Trust
- Fidelity Digital Assets
- TMF Group
- LMAX Digital
- KeyTango
- itBit by Paxos
- Etana Custody
- Kingdom Trust
- BitGo
- Coinbase Custody
- Bakkt Warehouse
- Gemini Custoy
- Onchain Custodian
- Standard Kepler
- Legacy Trust
- Mdoreh
- GTES
Person-to-Person (P2P) OTC
There are well over a couple dozen P2P OTC exchanges, including Bisq, HodlHodl, LocalCoinSwap, LocalCryptos, AgoraDesk, LocalBitcoins, Paxful, and more.
Related organizations / services / institutional software / tools
- MVIS Bitcoin US OTC Spot Index
- skew Futures, Options
- TradeZero
- Extended Dealer
- Tera Exchange
- Ark Investment Management
- United Traders
- OTCXN (OTC Exchange Network)
- Confidebat
- E8 Partners
- Switcheo
- HedgeBase
- Caspian
- Ren (formerly Republic Protocol) dark pools
- Blockstream Liquid
- Fireblocks
- OTCBoss (Telegram group only, until alpha software released)
- Bitcoinity Combined USD order book/liquidity
Related articles
- https://hackernoon.com/otc-crypto-deals-part-1-traps-scams-and-potential-risks-3dbd295e415a
- https://hackernoon.com/otc-crypto-deals-part-2-minimize-your-risks-ad4d6a717620
- https://staging.iterative.capital/how-to-trade-cryptocurrency-over-the-counter/
- https://medium.com/circle-research/how-does-crypto-otc-actually-work-e2215c4bb13
- https://www.bitcoinmarketjournal.com/bitcoin-brokers
- https://www.buybitcoinworldwide.com/kb/buy-large-amounts-of-bitcoin
- https://99bitcoins.com/how-to-buy-large-amounts-of-bitcoin
- https://themerkle.com/top-4-bitcoin-otc-trading-platforms
- https://bitcoinmagazine.com/articles/new-data-from-otc-trading-desks-reveals-millions-of-dollars-in-bitcoin-traded-off-public-markets-1446481247
- https://venturebeat.com/2018/04/02/over-the-counter-cryptocurrency-market-moves-over-100-million-daily-via-messaging-apps
- https://threadreaderapp.com/thread/1104979240309665793.html
- https://www.bitdeal.net/public/index.php/bitcoin-otc-trading
- https://vinnylingham.com/the-1-dont-use-bitcoin-exchanges-ff019774d886
- https://news.bitcoin.com/otc-trading-whales-bitcoin
- https://www.forbes.com/sites/leslieankney/2019/03/18/your-money-where-the-funds-go-on-crypto-exchanges-and-otc-desks
- https://caspian.tech/the-changing-role-of-otc-desks-in-crypto-trading
- https://blog.sfox.com/13-bitcoin-otc-brokers-you-need-to-know-67755a1d4ccc
- https://medium.com/@whalecalls/why-do-crypt-otc-desks-fail-faster-than-regular-markets-6f8b08333be2
Learn. It’s a journey, not a sprint.
This post includes entries from industry sources as well as from lists on the topic from the CME Group and from SFOX.
Reminder, once again. Do YOUR OWN due diligence.
Additions, corrections, and other feedback welcome and can be submitted via e-mail.
