What is the Kraken OTC Desk?
Kraken’s over-the-counter (OTC) desk offers a premium service that allows traders to execute orders off the open Kraken exchange. We offer deeper liquidity for tighter spreads as well as a more private, personalized service for institutional clients and high net-worth individuals needing to fill large orders. Kraken’s OTC desk provides execution and settlement services that are discreet, secure and ultra-competitive.
Kraken OTC Features
Deep Liquidity
Our crypto trading desk taps into our global liquidity network to provide you with tight quotes that minimize trade execution slippage.
World Class Service
We build relationships that last. Our professional, experienced team is available to assist you anytime via email, chat or over the phone.
Automated RFQ
Request live quotes and execute trades instantly using our automated Request-For-Quote system while logged into your Kraken account.
1-1 Service
Dedicated service at every step. We work to exceed your expectations and build a long-lasting relationship.
Global 24/7/365 Access
Our team of experienced traders, strategically located around the globe, are available around-the-clock, seven days per week.
Settlement Flexiblity
Our settlement options allow you to settle trades within 24 hours using your Kraken account, your bank and/or the external wallet of your choice.
How OTC works
Trade over chat
Chat securely with our trade-desk about your preferred trade. After confirming your trade, wire instructions will be provided to you.
OR
Trade AutoRFQ via OTC Portal
Request an automated quote and place your trades yourself in seconds without the involvement of our trade-desk.
Complete trade
Once we receive your funds, our trader will send the asset to your preferred wallet address, along with a confirmation email to your inbox.
OTC FAQs
What cryptocurrencies do we support?
What is the minimum trade size?
Is there a fee?
How do I get started?
What are my settlement options?
Terms and eligibility
-
The minimum order size is $100,000 but exceptions can be discussed on a case-by-case basis.
-
Kraken OTC does not custody assets on behalf of trading counterparties.
-
Eligibility for OTC trading are subject to AML/KYC and other requirements.