Trading · OTC Desk
The Xchange360 OTC desk works large crypto trades off the public order book, with deep liquidity sourced across venues, discretion and regulated settlement.
In brief
An over-the-counter desk lets you execute a large trade directly with a desk, instead of pushing size through a public order book. The desk sources liquidity across venues, quotes an indicative amount for the size you want, and settles in crypto or fiat. Pricing is confirmed at execution.
Why not just use an exchange?
Your order sits on the public book for everyone to see, and fills in pieces across the levels available.
The desk handles the whole size off the book, sourced across venues, with an indicative price for the full amount.
Why the desk
Deep liquidity
Backed by the group liquidity and market-making desk, the desk sources depth across venues and quotes an indicative amount for the whole block, not just the first slice of the order. Pricing is confirmed at execution, and the market can move.
Regulated settlement
On acceptance the trade settles bilaterally to your whitelisted wallet or bank, in crypto or fiat, through Xchange360’s licensed entities, not left sitting on an exchange.
Send your pair, direction and size in the desk chat and receive an indicative price for that size. Contact the desk.
Request prices and settle through the Xchange360 platform once onboarded. Become a client.
FAQ
You request a price for a specific size through chat with the desk or through the Xchange360 platform once onboarded. The desk quotes an indicative amount for the whole order, sourcing liquidity across multiple venues, and works the order off the public order book. Pricing is confirmed at execution, and the trade settles bilaterally to your whitelisted wallet or bank account.
A large order sitting on a public exchange signals your move to the market. The desk works the order away from the public order book, sourcing liquidity across venues, so size is handled discreetly by a desk with regulated settlement.
Major crypto assets, stablecoins and fiat pairs, settled in crypto or fiat on a defined timeline (often same day) to destinations you’ve whitelisted.
Trades run through Xchange360’s licensed entities with KYC/AML. Availability depends on jurisdiction and eligibility.
The desk is built for large, block-sized orders (the kind that would move a public order book if traded on-exchange) rather than small retail tickets. There is no single fixed minimum published, as it depends on the asset and corridor. Contact the desk with the size you want to trade and it will confirm whether OTC is the right route.
The desk sources liquidity across multiple venues and quotes an indicative amount for the whole block, so the cost is built into that quoted amount rather than a separate per-trade fee. You see the indicative all-in amount for the size you want before deciding whether to proceed. Pricing depends on the asset, size and market conditions at the time you request a quote, and is confirmed at execution.
The amount the desk shows you is indicative rather than guaranteed: the market can move, and pricing is confirmed at execution. Quotes reflect live liquidity and stand only for a short window. The desk will tell you how long a given indicative amount applies and confirm the final terms with you before settlement.
Trades settle bilaterally to destinations you have whitelisted (your own wallet or bank account) through Xchange360’s licensed entities with KYC/AML, so the desk is not a place you leave funds sitting. Whitelisting means settlement can only go to addresses and accounts you have pre-approved. The desk confirms the settlement and custody arrangement before you trade.
Onboarding is business KYC/KYB through Xchange360’s licensed entities, after which you can request quotes through chat with the desk or through the Xchange360 platform, and settle to whitelisted destinations. Availability depends on your jurisdiction and eligibility. Contact the desk to start onboarding and confirm what is available to you.
