Tether EURt OTC Trading

Large Tether EURt trades with private and personalized services

Kraken OTC

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 Tether EURt. Kraken’s OTC desk provides execution and settlement services that are discreet, secure and ultra-competitive.

About Tether EURt

Tether EURt is a stablecoin protocol that aims to track 1-to-1 with the EUR and is issued by the Hong Kong-based company that operates Tether USD (USDT). Tether EURt aims to mirrors the price of the Euro by holding collateral reserves on a 1:1 basis equal to the amount of EURT in circulation. EURT is used by holder who are aiming to avoid crypto market volatility, transact in a peer-to-peer way and trade for crypto and NFTs across various exchanges and blockchain-based platforms.

Kraken OTC features

Deep Liquidity

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

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

Automated RFQ

Request live trade quotes, execute orders and settle instantly using our request-for-quote (RFQ) feature in the OTC Portal.

1-1 Service

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

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

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 Tether EURt OTC works

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Signup for OTC Trading

Signup for OTC Trading

Contact us and complete the onboarding process.

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Trade over chat

Trade Tether EURt over chat

Chat securely with our trade desk to confirm the lot size and price of your Tether EURt trade. Then, fund your account with wire instructions that are provided to you.



Trade AutoRFQ 
via OTC Portal

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.

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Complete trade

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.

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Contact OTC

Over-the-counter (OTC) trading

Thanks for your interest in using our OTC desk services!

To get a quote for your Over-the-Counter (OTC) trade, please provide details:

  • Base currency
  • Quote currency
  • Amount

e.g. I'd like to sell $500k worth of Tether EURt.

Our support team will respond shortly.


  1. What is the OTC Portal?

  2. What cryptocurrencies do we support?

  3. What is the minimum trade size?

  4. Is there a fee?

  5. How do I get started?

  6.  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.