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Navigating OTC: EQIFi's Essential Guide to Crypto Trading
March 19, 2024
3 min read

Dive into the world of OTC cryptocurrency trading with EQIFi's OTC Crypto Desk. In this blog post, we delve into the mechanics of OTC trading, providing insights into its efficiency and benefits over traditional exchange platforms. Whether you're an individual investor, a corporate entity, or a crypto enthusiast, EQIFi's OTC desk offers tailored solutions to suit your needs. Explore how OTC trading can streamline your asset management processes and elevate your trading experience. Get all the essential details in just 3 minutes!

What is an OTC Crypto Desk?
An Over-The-Counter (OTC) trading desk, like EQIFi's, enables direct buying and selling of cryptocurrencies between parties, bypassing centralized exchanges. It's ideal for executing large or specific transactions not easily available on public exchanges. EQIFi's OTC desk provides a personalized, secure environment, complementing our crypto-friendly banking services for a seamless asset management experience. Prioritized privacy ensures confidential transactions aligned with client preferences.

How does EQIFi OTC Trading Work?
At EQIFi, our OTC trading service makes dealing with cryptocurrencies straightforward and hassle-free. We ensure there's always an abundance of cryptocurrency available for both individual traders and larger institutions, maintaining stability and reliability throughout. When you partner with us, you'll connect directly with an EQIFi trader who will guide you through each step of the transaction process. Moreover, our pricing is entirely transparent – no hidden fees. With a straightforward fee structure of 1% or lower, you can trust that what you see is what you get. Rely on EQIFi for personalized support and seamless, worry-free transactions in the cryptocurrency market.

OTC Trading vs. Crypto Exchange Trading
While cryptocurrency exchanges are popular among retail investors, EQIFi's OTC trading offers a compelling alternative, marked by high-touch service, deep liquidity, and personalized support.


Fees

Service

OTC Trading

We charge a fee of 1% or lower on transactions, maintaining transparent pricing at EQIFi. This approach ensures clarity and trust for our clients.

Our service offers personalized one-to-one assistance.

Exchange Trading

Prices may be inflated and unclear, often accompanied by various separate fees at traditional platforms.

Crypto exchange trading typically involves automated systems with limited human support, offering a streamlined but less personalized service.


Who Might Want to Trade Over OTC?
OTC trading caters to diverse entities seeking customized solutions and smooth execution. This includes crypto enthusiasts, employees receiving cryptocurrency payments, and large corporations handling significant transactions. Additionally, traders worldwide rely on OTC trading for personalized service and strong liquidity. At EQIFi, individual accounts start trades from $1000, while corporate accounts require a minimum trade of $10,000.

Benefits of OTC Trading
• Direct contact with seasoned traders for personalized assistance

• Deep liquidity and transparent pricing for seamless execution

• Access to over 10 fiat currencies and more than 70 cryptocurrencies, expanding investment opportunities

• Prioritized privacy, ensuring confidential transactions aligned with client preferences

• Settlement directly onto our debit card for enhanced convenience and global access to funds.

Learn more

When to Use Crypto OTC Desks

Meet Alex, a manager responsible for managing financial transactions for his remote team spread across the globe. Facing the challenge of efficiently managing his assets while navigating cross-border payments, Alex explores the use of EQIFi's OTC desk to streamline his financial operations.

In scenario one, Alex contemplates converting a significant amount of cryptocurrency into USD to facilitate payroll payments. He reaches out to EQIFi's OTC desk, expressing his intent, and is promptly assisted by a dedicated EQIFi trader. With EQIFi's direct fiat trading support, Alex's request is efficiently processed, offering him the flexibility to execute the trade immediately or wait for optimal market conditions.

For scenario two, Alex considers a unique use case: paying a contract that involves a diverse mix of fiat and cryptocurrency payments. In this scenario, a crypto influencer who prefers receiving payments in a combination of fiat currency, stable crypto, and ETH for their work with the company. EQIFi's OTC desk provides Alex with the flexibility to facilitate such complex transactions seamlessly, ensuring timely and tailored payments to meet the influencer's preferences.

As Alex explores his options, he acknowledges the advantages of choosing EQIFi's OTC desk for various financial transactions, including payroll payments and unique contractual agreements. The personalized service, transparency, and flexibility offered by EQIFi's platform empower Alex to efficiently manage his financial operations with confidence and ease.

In conclusion, EQIFi's OTC desk emerges as a versatile solution for Alex's diverse financial needs, offering both convenience and customization in handling cryptocurrency transactions. By leveraging EQIFi's expertise and resources, Alex can navigate the complexities of cross-border payments and unique payment preferences with efficiency and peace of mind.


If you already have an EQIFi bank account please use:
OTC Request form              otcrequest.eqifi.com

If you do not have an EQlFi bank account yet, please use the following links to apply and start your onboarding process today:

Individual account               apply.eqifi.com/individual
Corporate account              apply.eqifi.com/corporate

Got questions or ready to apply? Contact us.



Ethereum Token Contract:

0xBd3de9a069648c84d27d74d701C9fa3253098B15

Binance Smart Chain Token Contract:

0x436C52A8ceE41D5e9c5E6f4Cb146e66D552Fb700

EQIFi – Licensed and Regulated

EQIFi Management Limited (“EQIFi”) is approved and registered by the BVI Financial Services Commission as an Approved Manager pursuant to the Investment Business (Approved Manager) Regulations (2012) (as amended) and treated as licensed for the purposes of the Financial Services Commission Act 2001, permitting it to advise and manage up to 400 million USD of Assets Under Management.

Global Licensing

The BVI Investment Business (Approved Manager) (Amendment) Regulations 2013 permit Approved Managers to advise and manage funds located in 40 different jurisdictions worldwide, including the following Recognised Jurisdictions (amongst others): Argentina, Australia, the Bahamas, Bermuda, Belgium, Brazil, the BVI, Chile, Curacao, Denmark, Finland, France, Germany, Gibraltar, Greece, Guernsey, Hong Kong, Ireland, the Isle of Man, Italy, Japan, Jersey, Luxembourg, Malta, Mexico, the Netherlands, New Zealand, Norway, Panama, Portugal, Singapore, Spain, South Africa, Sweden, Switzerland, and the United Kingdom.

Standing

The EU recognised the BVI as a fully co-operative tax jurisdiction in line with EU good-governance standards.

Disclaimer

Nothing on this website should be taken as a promotion, solicitation or endorsement by EQIFi (DeFi) Limited for, on behalf of, or with respect to banking services offered by EQIBank Limited. Any banking services referenced herein are conducted solely by EQIBank Limited, who are a licensed and regulated bank by the Financial Service Unit of the Commonwealth of Dominica.

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