Otcbtc.com Exchange Review: Better Services, Faster Withdraws

About Otcbtc.com

Otcbtc.com is a blockchain OTC and crypto exchange platform. They are committed to improve blockchain asset liquidity and bring more people to the blockchain industry. OTCBTC is focused on building an efficient cryptocurrency exchange platform, and is currently the largest OTC exchange in Asia. OTC stands for Over-the-Counter. In simpler terms, OTC offers services similar to eBay for Crypto.

Using the Otcbtc Exchange platform, individuals from different countries can complete crypto trading directly. Sellers can post a sale offer on the platform and explain the payment method and exchange rate; while the buyers can choose a suitable seller to complete the trade directly online according to their needs. OTCBTC acts as a monitor between traders utilizing a strict KYC procedures and a fair scoring system to ensure a safe and convenient trading environment.

Operating Company 

How To  Start With Otcbtc Exchange

To Start Trading With Otcbtc Exchange Indian Residents First Have To Sign Up For An Account By Following The Steps Below.

Step 1. Click On The “Login/Signup” Link On The Top Right Hand Corner Of The Otcbtc Website.

Step 2. In The Form, Fill In Your First Name, Last Name, Mobile Number, Email ID And Password.

Step 3. If You Have A Referral Code, Enter The Code While Creating Your Account.

Step 4. Submit The Form And Wait For An Activation Email To Be Sent To You.

Step 5. Click On The “Confirm Email” Link In The Activation Email.

Step 6. After Your Account Is Activated, You’ll Be Sent A 6 Digit One Time Password (OTP), Which You Have To Enter After Logging Into Your Otcbtc Exchange.

OTCBTC Trading Fee Explained

Deposit

Free.

Withdrawal

• Otcbtc.com withdrawal fee is fixed, regardless of the withdrawal amount. For more details.
• Click here to find out the daily limit for different types of users.

Exchange Market

• 0.1% trading fee（of the exchanged amount）
• OTB discount is applied by default. The trading fee will be deducted from your OTB balance when sufficient. The trading fee will be 0.075% when you use OTB. Click here for details Please note: The OTB discount only applies to the ETH trading pairs. The OTB discount for BTC & USDT trading pairs is coming soon.

OTC Market

Buying/selling cryptocurrencies from an existing offer is FREE.

1. OTC Offer fee

• Posting a fixed offer is FREE.
• Posting a standard buying/selling offer is FREE before 2019-12-31 23:59.

OTC Trading Fee

• Otcbtc.com Users who post buying/selling offers will be charged a trading fee when the trades are completed. All cryptocurrencies 0.5%.
• All cryptocurrencies for Mil-1 member 0.1%; All cryptocurrencies for Mil-2 member 0.2%.
• OTB DISCOUNT. A 25% discount will be applied to the trading fees above when you use OTB. Please check out the fee schedule on this page for supported cryptocurrencies and more information.

Fee schedule

Otcbtc Exchange following table shows detailed withdrawal fees and whether otb discount is available in certain otc markets.

Cryptocurrency Exchange

Otcbtc.com exchange page focuses solely on the trades between crypto. In other words, the exchange page is similar to the stock market where orders and trades can happen quickly. The current platform carries a variety of cryptocurrencies paired with BTC , ETH and USDT. They also offer listing services to bring new tokens on exchange using ERC20. If you are familiar with the cryptocurrency exchange market, we are a hybrid of Local bitcoins + Ether delta.

Providing excellent service

OTCBTC ensures the highest form of security when it comes to any risks involved in crypto trading through exchanges. They also provide immediate customer service support for users with any questions while trading.

KYC

Otcbtc.com platform uses KYC ID verification to verify user identity. This verification is completed by the Jumio Net verify technology to reduce the possibility for fraud and money laundering. It is similar to what global crypto exchange platforms such as bittrex, local bitcoins, and cryptopay use. OTCBTC does not preserve user information received from Jumnio to comply with data confidentiality. The system is responsible for verifying the identity automatically.

Wallet

Otcbtc Exchange worked with top development consultants on creating a structured wallet that allows individuals to store their assets simultaneously in a hot, warm, and cold wallet. Not only does this increase the security of your funds but it also creates fluidity in trading efficiency.

Immediate customer service support

Otcbtc.comestablishes its presence through utilizing the software allowing customer service representatives to respond to queries within 5-15 minutes. The goal is to resolve any issues customers run into within 24 hours. Whereas, regular exchanges tend to respond in 3-5 business days.

The vision is to create an exchange platform where users feel safe, transparent, and cared for while trading. They hope to become one of the top 10 trading platforms before the end of 2018.

Disclaimer:

Not all the websites Which listed in Top List are 100% safe to use or investment. We do not promote any of those. Due diligence is your own responsibility. You should never make an investment into any online program with money you aren’t prepared to lose. Make sure to research about the website. So Please take care of your investments. and be in the safety site and avoid much losing online.