The Kraken OTC desk is consistently exploring new methods to ship an excellent 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 personalised, 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?

In the event you already get pleasure from entry to versatile settlement – the power to commerce now and settle later – nothing has to alter. Our one-on-one, person-to-person settlement expertise and our world workforce 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 an actual, finalized, up-to-the-second snapshot of their commerce standing.

OTC Portal v 2.0

Our OTC Portal v 2.0 can be loaded with upgrades:

Your automated OTC buying and selling expertise now has extra to supply than ever:

• Publicity panel to watch excellent publicity
• Value charts primarily based 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 (also can 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 individual immediate commerce quote for $100K+ of any eligible cryptoasset as much as a most of $1M (which could 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 fluctuate and the present limits are at all times obtainable within the OTC portal FAQ. Regardless that there are per-trade maximums, a limiteless variety of trades could be positioned. Eligible belongings are proven under:

Observe: 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 may be much less liquid.

Already a Kraken OTC shopper? Check out the brand new RFQ and OTC Portal v 2.0 right this moment! In the event you’re new to OTC and need to be taught extra, be taught what OTC can do for you.