Dubbed as Huobi OTC Desk, the new OTC crypto trading platform is fully regulated by Gibraltar Financial Services Commission (FSC) and will enable major fiat-to-crypto and crypto-to-crypto trading pairs.
Senior Sales Manager for Huobi Global, Jeff Adams elaborated at the launch that the Huobi OTC Desk was driven by demand from investors for large volume transactions. He went on to claim that the company has observed an “unfilled need” for such services.
As per the announcement, Huobi OTC Desk supports major cryptocurrencies such as bitcoin (BTC) and ether (ETH), as well as fiat currencies including the United States dollar (USD), euro (EUR), and British pound sterling (GBP).
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