What is the Kraken OTC Desk?
The over-the-counter (OTC) desk is ideal for Kraken clients who wish to conduct large orders and do not want to place them on the public exchange causing price disruption. By using the OTC desk, clients can directly interact with Kraken Traders and facilitate specific transaction prices and details. We offer deeper liquidity and a private, more personalized service to institutions and high net-worth individuals needing to conduct large orders. Whether you are trading blocks of $100,000, €10,000,000 or 2,000 Bitcoin, the Kraken OTC desk will provide you with execution and settlement services that are discrete, secure and ultra-competitive.
No fees
We do not charge you any fees for this service and will always quote a competitive price near the spot rate, regardless of the size of the order.
1-on-1 service
Includes superb, high-touch service at every step, from the initial expert consultation all the way through to trade execution, with trade reporting and market insights. We work with you throughout the process to answer all of your questions and build a comfortable, long-lasting relationship.
Expert market insight
Members of the desk have vast trading industry experience, having previously excelled at major financial institutions such as JP Morgan, Credit Suisse, UBS, Morgan Stanley and Merrill Lynch. As an OTC client they will provide you with daily trade and market recaps as well as expert desk opinions of the current crypto market space.
Global Coverage (24/7 access)
Our team of experienced traders are strategically located around the globe and are available 24 hours per day, seven days per week. We can ensure you that you will receive excellent service, prompt settlement, and high levels of professionalism from our entire team.
Eligibility
- Clients must be verified to the Pro level (personal or business) to conduct OTC transactions.
- Minimum trade 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.
Contact us with questions relating to using OTC services using the OTC support form.