Best Bitcoin OTC Brokers for Buying Large Amounts of BTC

Large investors are drawn to using the best 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 regulated bitcoin OTC desks in the world and also give you a detailed guide on exactly how to buy large amounts of bitcoin and 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.

Best Bitcoin OTC Exchanges

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

  1. BlockFi – Best in USA
  2. FTX.US – FinCEN regulated in USA
  3. Anycoin Direct – Best in Europe
  4. NDAX.IO – Best in Canada
  5. EXMO – Best in UK
  6. Cointree – Best in Australia

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

Regulation
Rating
Best for
Trading Fee
Minimum Account
4.22/5
Excellent
Regulated by
NYSDFS
0%
10$
All Traders
Quick Review
  • Established 2017 United States
  • Type Cryptocurrency Exchange
  • Currencies USD
  • Funding Cryptocurrency, Bank transfer
  • Languages English
  • Restricted countries Iran, Islamic Republic of, Korea, Democratic People”s Republic of, Syrian
  • Products Cryptocurrency
  • Trading platforms Webtrader, Own trading platform Windows + Mac, Mobile App Android
  • Devices Smartphone, Web, Tablet, Desktop
  • Max leverage 1
  • Order types RO – Recurring Order
  • Support Email, Phone Number
  • Lending
  • Institutional Trading
  • $0 Trading Fee
  • Fiat Account
  • Investment Product
  • Security Of Funds
Pros

Mobile app available
Beneficial reward program
Regulated American digital asset platform

Cons

Limited amount of altcoins
Few payment methods
Live chat with robot

4.19/5
Excellent
Regulated by
FinCEN
0.10%
1$
Day Traders
Quick Review
  • Established 2018 United States
  • Type Cryptocurrency Exchange
  • Currencies USD, EUR, GBP, AUD, CAD, SGD, HKD, TRY, ZAR, CHF, ILS, PHP, RUB
  • Funding Bank transfer, Visa, Mastercard, ACH, Cryptocurrency, Silvergate Exchange Network(SEN)
  • Languages English, Korean, Japanese, German, French, Dutch, Turkish, Vietnamese, Portuguese, Russian
  • Restricted countries Cuba, Syrian Arab Republic, Korea, Democratic People”s Republic of, Sudan
  • Products Cryptocurrency
  • Trading platforms Webtrader, Tradingview, Mobile App Android + Mac, Own trading platform
  • Devices Smartphone, Desktop, Web, Tablet
  • Max leverage 10
  • Order types SLL – Stop Loss Limit, SM – Stop Market, TSL
  • Support Email, Contact Form
  • Advanced Trading Platform
  • Leverage Trading
  • Real Stop Loss
  • Customisable Interface
  • Trading App
  • High Security
Pros

Available in over 13 different languages
Trade crypto with leverage in the US
Low fee’s and market making rebates

Cons

No live chat
Relatively new platform
No demo account is available

4.17/5
Excellent
Regulated by
AUSTRAC
0.10%
1$
All Traders
Quick Review
  • Established 2013 Australia
  • Type Cryptocurrency Exchange
  • Currencies AUD
  • Funding PayId, B-pay, POLi, Osko, Bank transfer, Cash Deposit (Instant)
  • Languages English
  • Restricted countries Afghanistan, Zimbabwe, Zambia, Yemen, Wallis and Futuna Islands, Virgin Islands
  • Products Cryptocurrency
  • Trading platforms Webtrader, Mobile App Android + Mac, Tradingview
  • Devices Smartphone, Web, Tablet, Desktop
  • Max leverage 1
  • Order types MO – Market Order, LO – Limit Order, SL –
  • Support Contact Form, Live Chat, Email
  • Beginner Friendly
  • Trading App
  • OTC Market
  • Fiat Account
  • Lock The Price
  • Recurring Crypto Purchase
Pros

Lowest fees in Australia
Regulated platform
A large variety of order types

Cons

Only available for people living in Australia
No phone support
No option to short sell

4.15/5
Excellent
Regulated by
DNB
1.15%
75$
Investors
Quick Review
  • Established 2014 Netherlands
  • Type Cryptocurrency Exchange
  • Currencies EUR
  • Funding iDEAL, SEPA, giropay, Sofort, MyBank, Visa, Mastercard, EPS, Bancontact
  • Languages English, Dutch, German, French, Italian, Spanish
  • Restricted countries Afghanistan, Zimbabwe, Zambia, Yemen, Wallis and Futuna Islands, Virgin Islands
  • Products Cryptocurrency
  • Trading platforms Webtrader
  • Devices Smartphone, Desktop, Web, Tablet
  • Max leverage 1
  • Order types N/A
  • Support Email, Phone Number, Live Chat, Contact Form
  • High Limits
  • Investment Product
  • Veteran Trading Platform
  • Security Of Funds
  • Buy Cryptocurrency
  • Personal Account Manager
Pros

Regulated European cryptocurrency exchange
Beginner-friendly
Possibility for users to recommend which coins should be added next

Cons

Only accepting Euro
Very few coins compared to other exchanges
No technical trading tools

4.13/5
Excellent
Regulated by
FINTRAC, AMF
0.20%
0$
All Traders
Quick Review
  • Established 2017 Canada
  • Type Cryptocurrency Exchange
  • Currencies CAD
  • Funding Bank transfer, Interac e-Transfer, Cryptocurrency
  • Languages English
  • Restricted countries Afghanistan, Zimbabwe, Zambia, Yemen, Wallis and Futuna Islands, Virgin Islands
  • Products Cryptocurrency
  • Trading platforms Webtrader, Own trading platform Windows + Mac, Mobile App Android
  • Devices Web, Smartphone, Tablet, Desktop
  • Max leverage 1
  • Order types MO – Market Order, LO – Limit Order, SO –
  • Support Email, Phone Number, Live Chat
  • Security Of Funds
  • High Limits
  • Instant Deposits
  • OTC Market
  • Advanced Trading Platform
  • Buy Cryptocurrency
Pros

No deposit/withdrawal fees
High limits for large cryptocurrency traders
Cryptocurrency exchange with local Canadian payment methods

Cons

Few payment providers
The platform can only be used by traders living in Canada
No active live chat

4.13/5
Excellent
Regulated by
FinCEN
0.30%
5$
All Traders
Quick Review
  • Established 2013 United Kingdom
  • Type Cryptocurrency Exchange
  • Currencies USD, EUR, GBP, RUB, TRY, ZAR, JPY, ARS, AUD, AZN, BRL, BGN, CAD, CLP, COP…
  • Funding Visa, Mastercard, Bank transfer, ADV Cash, Yandex.Money, QIWI, Payeer, SEPA
  • Languages English, Spanish, French, German, Italian, Portuguese, Romanian, Mandarin (Chinese), Russian
  • Restricted countries Albania, Barbados, Botswana, Burkina Faso, Cambodia, Cayman Islands, Ghana, Jamaica
  • Products Cryptocurrency
  • Trading platforms Tradingview, Webtrader, Mobile App Android + Mac
  • Devices Desktop, Smartphone, Tablet, Web
  • Max leverage 1
  • Order types MO – Market Order, SO – Stop Order, LO –
  • Support Email
  • Cashback
  • One Click Trading
  • VIP Account
  • Advanced Charting
  • OTC Market
  • Fiat Account
Pros

FinCEN regulation as Money Service Business
Available in several US states
Great Cashback reward system

Cons

No live chat
No leverage trading for experienced traders
Short selling is not an option

BlockFi

blockfi bitcoin otc broker
Blockfi

BlockFi is an OTC cryptocurrency exchange based in the USA. The platform is regulated by FinCEN, an American government body. This platform is well-known in the United States and has an outstanding reputation for its high security.

ProsConsBest for
Best solutions Slower settlement timesInstitutions
Highest security Wealthy individuals
Top-level reputationUS Traders

FTX.US

ftx.us bitcoin otc exchange
FTX US

FTX.US is a BTC over-the-counter exchange located in the US and is best suited for large investors that are looking for a regulated platform to buy and sell a lot of BTC or other cryptocurrencies. It is regulated in the United States and is another crypto platform with the highest level of security.

ProsConsBest for
Zero fees Not many altcoins are availableUS Traders
Very user-friendlyWealthy investors
Rapid settlements

Anycoin Direct

anycoin direct eu bitcoin otc exchange
Anycoin Direct

Anycoin Direct is a European cryptocurrency OTC exchange for large investors that want to invest big amounts into blockchain technology and especially BTC. Regulated by the Central Bank of the Netherlands and offers great private investment solutions.

ProsConsBest for
Can handle very high transaction volumes Only offers trade denominated EUREuropean Investors
Very respected exchangeInstitutions
Bank-level securityEntrepreneurs

NDAX.IO

NDAX.IO Canadian bitcoin OTC broker
Ndax

Canada’s most reputable over-the-counter digital asset trading desk offering a huge variety of coins, no deposit fee, and easy onboarding for crypto deposits. Access deep liquidity with this FINTRAC and AMF regulated exchange

ProsConsBest for
Large selection of coins Only offer OTC for CAD currencyHigh net worth Canadian investors
No deposit fee
No confirmations for crypto deposits

EXMO

EXMO european otc broker
EXMO

EXMO offers very fast settlements for investors looking to invest big in the cryptocurrency space. This European digital asset OTC exchange offers the most available fiat currencies and has excellent customer support. Regulated by FinCEN.

ProsConsBest for
Professional Service The rates can differ from the displayed offerHigh Net worth UK Investors
Very fast settlement timesLegal Entities
Offer most available fiat currencies

Cointree

cointree australian otc btc broker
Cointree

Cointree is Australia’s top OTC crypto exchange for large investors. Regulated by the Australian Transaction Reports and Analysis Centre. Offering over 160+ coins with deep liquidity for AUD investors. Best suited for high net worth Australian investors.

ProsConsBest for
Off-market liquidity pool Only offers AUD depositsHigh net worth Australian investors
Personal Account Manager with phone connection
160+ coins offered

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 DeskCountryRegulationCurrencyMinimum TransactionTrust factor
BlockFiUSANYSDFSUSD $100,000Very high
FTX.USUSAFinCENUSD, EUR, GBP, AUD, CAD, SGD, HKD, TRY, ZAR, CHF, ILS, PHP, RUB $1Very high
Anycoin DirectNetherlandsDNBEUR€100,000Very high
NDAX.IOCanadaFinTRAC, AMFCAD$200,000Very high
EXMOUnited KingdomFinCENUSD, 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$100,000Very high
CointreeAustraliaAUSTRACAUD$100,000Very high
BitMartUSAFinCENUSD, EUR, CAD$100,000Very high
CoinbaseUSAFinCENUSD, EUR, GBP$100,000Very high
KrakenUSAFinCEN, FCA, FINTRAC, AUSTRACUSD, EUR, CHF, JPY, GBP, CAD, AUD$100,000Very high
CoinfieldEstoniaFIUUSD, EUR, CAD, GBP, JPY, AED$50,000Very high
BC BitcoinUnited KingdomFCAGBP, EUR£100,000Very high
BinanceMaltaEUR, 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$10High
BitfinexThe British Virgin IslandsEUR, JPY, GBP, USD, CNY$100,000High
PhemexSingaporeUSD, 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$500High

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, FTX.US, 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 amountOTC Service
> $10,000Phemex
$10,000 – $50,000Binance
Bitfinex
$50,000 – $100,000FTX.US
Coinfield
$100,000 – $1,000.000EXMO
BitMart
Kraken
BC Bitcoin
Bitfinex
$1,000,000 – $10,000,000BlockFi
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.

I also recommend that you read this guide on how to analyze cryptocurrency before investing if you are looking to learn more about the investment approach to crypto. Our guide on the best bitcoin investment sites will also serve you well if you want recommendations on trustworthy solutions for investing in BTC.

Good luck!

FAQ

Depending on what otc service you use you can purchase up to $10,000,000 worth of BTC and other cryptocurrencies. Read this guide to find out more about over-the-counter trading for digital assets.

Yes, when using an otc platform to sell a lot of Bitcoin you will get a personalized quote for your sell order. You can most of the time sell up to several hundred thousand dollars in BTC and sometimes millions.

The best way to purchase a lot of cryptocurrencies is to use a regulated otc dealer such as BlockFi, FTX.US, and Anycoin Direct. Here you will benefit from lower fees, a fixed price, a personal account manager, and most importantly, bank-level security.

In this guide, we list the top over-the-counter cryptocurrency services on the market. Take your time to read through which one suits your needs best.