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.
Eligible clients can trade OTC from Kraken Pro. If you are not an OTC client and would like to trade OTC, click the button below to complete the form:
OTC frequently asked questions
We support trading for all assets listed on Kraken (with some exceptions due to geographic restrictions). Please contact our OTC desk with any trade inquiries.
Request-for-quote (RFQ):
RFQ supports the following cryptocurrencies across EUR, GBP, USD, USDC and USDT quote currencies. Geographic restrictions apply.
| Asset | Code |
|---|---|
| Aave OTC | AAVE |
| Algorand OTC | ALGO |
| Avalanche OTC | AVAX |
| Bitcoin OTC | BTC |
| Bitcoin Cash OTC | BCH |
| Cardano OTC | ADA |
| Cosmos OTC | ATOM |
| Chainlink OTC | LINK |
| Dogecoin OTC | DOGE |
| Ethereum OTC | ETH |
| Flow OTC | FLOW |
| Polkadot OTC | DOT |
| Polygon OTC | MATIC |
| Litecoin OTC | LTC |
| Monero OTC | XMR |
| Shiba Inu OTC | SHIB |
| Solana OTC | SOL |
| Stellar Lumens OTC | XLM |
| Tether OTC | USDT |
| Tezos OTC | XTZ |
| USD Coin OTC |
USDC |
- Clients must be verified to the Pro level (personal or business) account to conduct OTC transactions.
- Minimum order size is 100,000 USD equivalent, however exceptions can be discussed on a case-by-case basis.
- As with all Kraken funding methods, the name registered on your bank account has to match the name registered on your Kraken account.
Kraken OTC does not custody assets on behalf of trading counterparties.
What features are available with the OTC?
OTC Portal:
You can find this feature on the Kraken OTC interface by selecting the “automated settlement” option prior to requesting a quote and your trade will be automatically settled to your account using the available balance.
For more information on this feature visit our blog.
OTC desk:
Our team of experienced traders are strategically located around the globe and are available 24 hours a day, seven days a week. We can ensure you that you will receive excellent service, prompt settlement, and high levels of professionalism from our entire team.
These materials are for general information purposes only and are not investment advice or a recommendation or solicitation to buy, sell, stake or hold any cryptoasset or to engage in any specific trading strategy. Some crypto products and markets are unregulated, and you may not be protected by government compensation and/or regulatory protection schemes. The unpredictable nature of the cryptoasset markets can lead to loss of funds. Tax may be payable on any return and/or on any increase in the value of your cryptoassets and you should seek independent advice on your taxation position.