OTC Exhange

Lumptrade OTC Desk Large trades with private and personalized services

What is the Lumptrade OTC Desk?

We offer deeper liquidity and a private, more personalized service to institutions and high net-worth individuals needing to fill large orders that might be too disruptive if placed on open markets at the exchanges.

Whether you are trading blocks of $100,000, €10,000,000 or 2,000 Bitcoin, the OTC desk will provide you with execution and settlement services that are discreet, secure and ultra-competitive.

Features

offering more than secure and discreet transactions and settlement.

1. 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 you’ll receive daily trade and market recaps, as well as expert desk opinions on the current crypto market.

2. 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 with the goal being to build a comfortable, long-lasting relationship.

3. Full asset support

In addition to OTC bitcoin trading, the Lumptrade OTC desk can support all fiat currencies and digital assets currencies listed on the Lumptrade Exchange:

We work with you throughout the process to answer all of your questions with the goal being to build a comfortable, long-lasting relationship.

4. Global Coverage (now 24/7)

The OTC desk provides global coverage in the Americas, Europe and Asia-Pacific and is open 24/7, with the exception of major holidays.



How it works

1. Signup

Get started by simply emailing talk2us@lumptrade.com with your inquiry.

When you decide you want to buy or sell a large amount of digital assets over-the-counter, begin by approaching the Lumptrade OTC desk and completing the onboarding documentation.

2. Onboard

To become an OTC client you must go through the standard Lumptrade onboarding process, obtaining the highest level of verification, to enable large transactions.

All OTC clients are required to provide various types of documentation such as a Government ID, Proof of Residence and Proof of Income.

3. Communicate

Open up a line of communication, via chat, text or voice call with the trade-desk about your preferred trade. It doesn’t have to be long, you can simply say:

You: “I would like to buy 200 Bitcoin.”

Our Trader: “I can sell you 200 BTC at a price of $7,000 USD per Bitcoin.”

4. Confirm trade

You choose whether or not you wish to buy at the price offered. If you agree, the trade is confirmed, and the trader will ask for a deposit address where they can send the purchased assets.

After confirming the trade, wait for a confirmation of the transaction via email. In this email you’ll find wire instructions for the OTC bank account, where you will wire the funds.

4. Complete trade

Once the Lumptrade OTC receives the wire, our trader will send the assets to the specified wallet address, along with a confirmation email to your inbox, and the trade is complete.

Terms and Eligibility

  • The minimum order size is $100,000 but exceptions can be discussed on a case- by -case basis.
  • Lumptrade OTC does not custody assets on behalf of trading counterparties.
  • Eligibility for OTC trading are subject to AML/KYC and other requirements.