OTC
Numeraire OTC Trading
Large Numeraire trades with private and personalized services
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 of Numeraire. Kraken’s OTC desk provides execution and settlement services that are discreet, secure and ultra-competitive.
About Numeraire
Numeraire is an Ethereum based blockchain utilizing AI to open-source the creation of stock market prediction models. By crowd-sourcing strategies, Numeraire aims to incentivize a global network of data scientists to create new financial models, which compete against each other for the chance to be rewarded in bitcoin. NMR token holders can choose to stake their tokens with different models, for the chance to receive more NMR tokens in return.
Kraken OTC features
Worry-free liquidity
Get a single quote for $100,000-$1M orders (and higher on a case-by-case basis), knowing you’ll get your entire lot and its exact price, before you trade.
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 trade quotes, execute orders and settle instantly using our request-for-quote (RFQ) feature in the OTC Portal.
Investment solutions
Our OTC Derivatives offering includes options trading and structured products, providing ultimate flexibility to tailor your investments in line with your objectives and risk tolerance. Learn more.
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 flexibility
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 Numeraire OTC works
Trade Numeraire over chat
Chat securely with our trade desk to confirm the lot size and price of your Numeraire trade. Then, fund your account with wire instructions that are provided to you.
OR
Trade RFQ via OTC Portal
Our easy-to-use, self-service RFQ offers automated OTC trading. Receive executable quotes in seconds and settle trades instantly using the existing funds in your account.
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.
Trade crypto over-the-counter
Contact OTC
OTC FAQs
What is the OTC Portal?
What cryptocurrencies do we support?
What is the minimum trade size?
Is there a fee?
How do I get started?
How does settlement work?
Terms and eligibility
- Minimum order size is $100,000, however 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 is subject to AML/KYC and other requirements.