The Kraken OTC desk is consistently exploring new methods to ship an awesome buying and selling expertise to our purchasers. Our new, quick, dependable, and easy-to-use automated settlement service seamlessly integrates with our RFQ, offering entry to automated commerce quotes and immediate settlement of executed trades, all from a self-service portal… along with the customized, white-glove service Kraken OTC is understood for.
What’s automated settlement?
Automated settlement lets you commerce by way of OTC’s RFQ with the obtainable balances in your Kraken account in three easy steps: request a quote, settle for that quote and make sure the commerce. Go from preliminary quote to closing settlement inside seconds.
What if I just like the versatile settlement I already use?
Should you already get pleasure from entry to versatile settlement – the flexibility to commerce now and settle later – nothing has to vary. Our one-on-one, person-to-person settlement expertise and our international crew of merchants stay at your service across the clock.
How can I begin utilizing automated settlement?
Purchasers should first be onboarded onto RFQ. Our OTC desk merchants will work with you to evaluate your buying and selling wants and decide appropriate settlement eligibility. Purchasers eligible for versatile settlement can merely choose both settlement possibility within the OTC portal previous to quoting.
Automated settlement = immediate settlement for purchasers who need a precise, finalized, up-to-the-second snapshot of their commerce standing.
OTC Portal v 2.0
Our OTC Portal v 2.0 can also be loaded with upgrades:
Your automated OTC buying and selling expertise now has extra to supply than ever:
- Publicity panel to observe excellent publicity
- Worth charts based mostly in your three most-traded cash
- Enhanced visibility to your:
- Current transactions
- Most-traded cash by quantity
- OTC buying and selling historical past
Current transactions (may nonetheless be generated by way of e-mail):
OTC spot commerce historical past:
Choices commerce historical past:
Choices commerce element:
Automated RFQ
Our self-service RFQ lets you generate your personal immediate commerce quote for $100K+ of any eligible cryptoasset as much as a most of $1M (which might be elevated on a case-by-case foundation). New RFQ options embrace:
- Stablecoin buying and selling: USDT/USD, USDT/EUR, USDC/USDT, USDC/USD, USDC/EUR
- Quotes obtainable by lot dimension or by base foreign money transaction quantity
- “Max commerce dimension” and “Max quantity” per asset displayed within the UI
- Indicative pricing for OTC purchasers with out RFQ entry
There’s a most variety of cash that may be bought per commerce. This most can range and the present limits are all the time obtainable within the OTC portal FAQ. Despite the fact that there are per-trade maximums, a limiteless variety of trades might be positioned. Eligible property are proven under:
Notice: Listed max commerce sizes are examples solely, see the OTC portal FAQ for present max commerce sizes
Merely settle for your automated purchase or promote quote and your commerce is crammed – with out ever having to fret about navigating fast-moving markets or these for cash that is likely to be much less liquid.
Already a Kraken OTC shopper? Check out the brand new RFQ and OTC Portal v 2.0 as we speak! Should you’re new to OTC and wish to study extra, study what OTC can do for you.
These supplies are for common data functions solely and aren’t funding recommendation or a advice or solicitation to purchase, promote, or maintain any digital asset or to have interaction in any particular buying and selling technique. Some crypto merchandise and markets are unregulated, and also you will not be protected by authorities compensation and/or regulatory safety schemes. The unpredictable nature of the cryptoasset markets can result in lack of funds. Tax could also be payable on any return and/or on any improve within the worth of your crypto property and you must search impartial recommendation in your taxation place.
