Bitcoin OTC Brokers for Buying Large Amounts of BTC

Large investors are drawn to using bitcoin OTC brokers when buying or selling large amounts of bitcoin. These BTC OTC or over-the-counter desks have tailored solutions for wealthy and high-net-worth individuals that are looking to trade big amounts of bitcoin, sometimes millions of dollars worth of BTC.

There is a lot of trust going into large BTC transactions and you need to know that your desk is completely legitimate and will give you quality service, professional support, fixed rates, and fast delivery.

In this guide, we will list some of the top bitcoin OTC desks in the world and also give you a detailed guide on exactly how to buy or sell large amounts of cryptocurrency.

Later in this guide, I will explain the benefits of using a Bitcoin OTC service, the maximum amounts of BTC you can trade, how to sell bitcoin using a Bitcoin over-the-counter desk, and also how these platforms operate.

Bitcoin OTC Exchanges

Here are our picks of the top 6 Bitcoin OTC brokers and exchanges:

1. BlockFi – Best in USA
2. Anycoin Direct – Best in Europe
3. NDAX.IO – Best in Canada
4. EXMO – Best in UK
5. Cointree – Best in Australia
6. Coindirect – Great option for UK

Below is a comparison table of all the top platforms to buy and sell a lot of BTC. Check the review for each platform to see which desk fits you best. Click the quick review button to get a first-hand glance at the exchanges and what they offer.

How to trade large amounts of Bitcoin on OTC markets

What is the best way to exchange large amounts of bitcoin and is it even possible to buy millions worth of BTC at once?

Most individuals with connections in traditional finance are familiar with OTC markets, or over-the-counter markets where you can access deeper liquidity pools and get fast, reliable, and professional service.

Below is a step-by-step explanation of how to do get started with OTC trading.

1. Choose Bitcoin OTC broker for your country.
2. Create an account.
3. Verify you identity with the KYC process.
4. Navigate to the OTC desk on the website.
5. Fill out the form on how many BTC you want to buy.
6. Choose your preferred way to get in contact, eg. Skype, Email, Telephone, Whatsapp.
7. Communicate with your assigned account manager.
8. Confirm the trade and receive your bitcoin.

When you get in contact with your account manager you will get a tailored prospect for your transaction including the rate, fee, amount, and any other information you may need.

Leading Bitcoin OTC Brokers Reviewed

BlockFi

Anycoin Direct

NDAX.IO

EXMO

Cointree

How we rate Bitcoin OTC services

The most important factor when choosing an over-the-counter desk for your BTC investments is the country of origin, the current regulation, and the trust factor in general. Below is a table with the leading OTC services for cryptocurrencies in the world that offer great solutions for individuals that want to invest large amounts of money in bitcoin.

OTC Desk	Country	Regulation	Currency	Minimum Transaction	Trust factor
BlockFi	USA	NYSDFS	USD	$100,000	Very high
Anycoin Direct	Netherlands	DNB	EUR	€100,000	Very high
NDAX.IO	Canada	FinTRAC, AMF	CAD	$200,000	Very high
EXMO	United Kingdom	FinCEN	USD, EUR, GBP, RUB, TRY, ZAR, JPY, ARS, AUD, AZN, BRL, BGN, CAD, CLP, COP, CRC, CZK, DKK, DOP, GEL, HKD, HUF, INR, IDR, ILS, KZT, MYR, MXN, MDL, MAD, NAD, TWD, NZD, NGN, NOK, PEN, UYU, PHP, PLN, QAR, RON, SGD, KRW, SEK, CHF, UAH, AED, UZS, VND	$100,000	Very high
Cointree	Australia	AUSTRAC	AUD	$100,000	Very high
BitMart	USA	FinCEN	USD, EUR, CAD	$100,000	Very high
Coinbase	USA	FinCEN	USD, EUR, GBP	$100,000	Very high
Kraken	USA	FinCEN, FCA, FINTRAC, AUSTRAC	USD, EUR, CHF, JPY, GBP, CAD, AUD	$100,000	Very high
Coinfield	Estonia	FIU	USD, EUR, CAD, GBP, JPY, AED	$50,000	Very high
BC Bitcoin	United Kingdom	FCA	GBP, EUR	£100,000	Very high
Binance	Malta	–	EUR, USD, RUB, VND, TRY, MYR, THB, INR, PEN, MXN, CHF, COP, SEK, HUF, NOK, JPY, NGN, AED, CAD, AUD, UAH, PHP, RON, IDR, KRW, ILS, PLN, BGN, HKD, GBP, UGX, CZK, ZAR, DKK, NZD, KZT, TWD, SGD, HRK, BRL, KES, ARS, CNY, GEL, UYU, CLP, GHS, LBP, SAR, MAD, EGP, AZN, BOB, LKR, PAB, PKR, PYG, ISK	$10	High
Bitfinex	The British Virgin Islands	–	EUR, JPY, GBP, USD, CNY	$100,000	High
Phemex	Singapore	–	USD, EUR, GBP, KRW, JPY, AUD, AED, BGN, CAD, CHF, CZK, DKK, HKD, HRK, HUF, ILS, INR, NOK, NZD, PLN, RUB, SEK, SGD, TRY, UAH, VND, ZAR	$500	High

This table shows all BTC brokers around the world that have excellent services, liquidity, fees, and settlement times. Not all exchanges are regulated so make sure you choose the platform that suits you best. You can buy and sell large amounts of bitcoin and other cryptocurrencies through these sites.

Check the minimum transaction, maximum transactions, fee, country, and settlement time to pick a broker that fits your profile. I recommend spending some time reading the review of the site before you choose to start to communicate.

What is Bitcoin over the counter trading and how does it work

First of all, let’s get down to the basics and explain what a crypto and bitcoin OTC trading desk is and how it works. Most over-the-counter crypto trading platforms are regular exchanges that we all have heard before and they work in similar ways with some differences.

Bitcoin over-the-counter services have access to large liquidity pools where individuals can buy, trade, or sell up to millions of dollars worth of BTC in one single trade. It requires a special broker to handle these large blocks of buy or sell orders. Some of these platforms have crypto trading apps for dealing with your large orders which can be very useful.

But how does it work?

Exchanges such as BlockFi and Anycoin Direct are excellent BTC OTC brokers that let their clients trade large amounts of bitcoins with a minimum transaction limit of $100,000. These bitcoin desks have big pockets with millions of dollars worth of digital assets ready at hand for anyone who wants to buy it.

When you buy bitcoin from an OTC dealer you are not buying directly from the order book on the exchange. Your transaction will be treated in a special way, over-the-counter, so to speak. This is a way of swapping cryptocurrencies without any risk of losing money.

It all starts by having a personal account manager or a contact person on the exchange that you can communicate. The professional will tailor an offer for your needs and then send you a proposal with all the necessary information such as settlement time, amounts, and execution fee.

When buying large amounts of BTC or any other cryptocurrency it is important to use a regulated service where trust is not an issue. All of the markets in this guide are fully regulated by a government in its region. Don’t trust overseas brokers that try to give you a better-than-expected deal.

So, if you have ever wondered how much bitcoin you can buy per day, the answer is, A LOT! Cryptocurrency OTC platforms can sell millions of dollars worth of crypto several times per day thanks to big liquidity pools.

Next time you consider buying lots of digital assets, contact one of our recommended BTC OTC platforms.

Benefits using a Bitcoin OTC broker

When buying a lot of BTC it’s better to use OTC services than to buy straight off the order book from a random seller for several reasons:

• The order book can’t handle large volumes
• The fees are always worse
• The order book can have down times
• There is a lot of slippage in price
• Market volatility can throw you order off
• Day traders can spoof your orders when detected
• Storing the coins can be problematic

If you are a wealthy investor, there is almost no reason to turn to the exchange order book and initiate a large trade with other random sellers. Instead, look for a broker that can give you a tailored package deal when you are buying up to $100,000 or even $1,000,000 worth of Bitcoin.

The advantages of using an over-the-counter service are clear and here is what you can expect from a bitcoin OTC exchange:

• Lower execution fees than the standard order books
• Fast settlements
• Excellent account managers
• Personalized offers
• Wide range of digital assets
• Bank-level security

Keep this in mind for your next large digital asset transaction and focus on security first.

The maximum amount of bitcoin you can buy

This is different from platform to platform. Some exchanges offer investments up to $5 million or even up to $10 million. Usually, the smallest investment requirement for crypto services starts at $100,000 or $250,000 but some also offer lower brackets around $25,000.

The bigger your investment is the better deal you will get and the more perks you will have in terms of settlement time and fees. Also, wealthy investors should only look for reputable cryptocurrency services such as BlockFi, Anycoin Direct, NDAX.IO, EXMO, and Cointree.

The reason why wealthy investors, businesses, and institutions use over-the-counter desks for very large digital asset transactions is the fact that it’s almost impossible to make million-dollar transactions on standard order book exchanges.

Below is a table of services and limits depending on your needs:

Transaction amount	OTC Service
> $10,000	Phemex
$10,000 – $50,000	Binance Bitfinex
$50,000 – $100,000	Coinfield
$100,000 – $1,000.000	EXMO BitMart Kraken BC Bitcoin Bitfinex
$1,000,000 – $10,000,000	BlockFi Coinbase Anycoin Direct NDAX.IO Cointree

How to sell bitcoin with OTC desks

Selling bitcoin over-the-counter is in one way better than using the regular exchanges if you are going to sell a lot of BTC. It is safer, to begin with, and you make save a lot of money by not using the classic order book to find buyers.

Many exchanges can handle large selling blocks of BTC but if your timing is bad you might get caught naked with no buyers and you have to pay a lot of slippages on which acts as a ghost commission for your bad trade.

Here are some of the best ways to sell bitcoin OTC:

1. BlockFi – US regulated
2. Anycoin Direct – EU regulated
3. NDAX.IO – CA regulated
4. EXMO – UK regulated
5. Cointree – AU regulated
6. Coinfield – EU regulated

Use these services to sell as much bitcoin as you need. They all have a very robust infrastructure and the government regulation cements the trustworthiness of the platforms.

Difference between Bitcoin OTC Exchanges and Brokers

The best way to access the BTC market or trading desks is through brokers and exchanges. They are called both names but are basically the same thing, a service that offers over-the-counter trading with bitcoin and other cryptocurrencies.

There is no difference between the two, except the name. You are just as well off using a cryptocurrency exchange with a desk as well as any other broker. Many of these platforms will offer more coins than just BTC and you are able to buy many different cryptocurrencies.

There are however a lot of bad actors online so make sure to do your due diligence before signing up and asking the account manager for a prospect. You should avoid all exchanges or brokers that are not regulated unless they have a top-rated reputation.

How to choose broker or exchange

Some important tips to think about when choosing your over-the-counter service are:

• Check that your fiat currency is available
• Is a personal account manager an option
• Do they remove deposit and withdrawal fees
• Do they settle the same day
• Can they show you the transcation details before you confirm

Exchanges and brokers are much the same but some of them are different in terms of how they treat clients and how they go about actually making the transaction. Browse several services before you pick one.

Conclusion

In this guide, we explore the best bitcoin otc brokers where you can buy large amounts of bitcoins at once. I’ve listed the top crypto over-the-counter trading desks with information on regulation, country of origin, and trust factor.

Make sure to read the advantages to use an over-the-counter platform instead of using the standard order book before you continue.

FAQ