New Zealand’s trusted Bitcoin and crypto OTC trading desk

Our OTC service is open to anyone looking to buy, sell or trade a large amount of crypto. Our minimum order size is $50,000. However, we do offer some flexibility for smaller market cap assets.

We cater to businesses, sophisticated investors, high net worth individuals and institutions.

Deposit funds using PayID, Osko, EFT or SWIFT. In addition to our standard deposit methods, we offer RTGS deposits for amounts over $100,000. Contact our OTC team for more information or view our help page.

Note: Depositing funds to trade with the OTC desk is the same process as depositing funds into your exchange trading account.

Over-the-counter (OTC) trades are facilitated by our professional trading experts and is for customers looking to buy or sell large amounts of crypto. Exchange trading is where a market order is placed on a public order book, where anyone can make smaller trades with instant settlement.

For most crypto traders, trading on a transparent, reliable exchange like Independent Reserve will satisfy all trading needs. However, for large volume block trades ($50,000 and above), executing all at once on an exchange is likely to have a negative impact on the price the order gets filled at. This is what’s known as price slippage. OTC trading eliminates this risk.

Our OTC desk offers investors looking to make large transactions certain benefits such as a personalised service with increased privacy, price slippage reduction, access to deep liquidity, and market insights from our professional traders.

OTC orders are typically settled within a few business hours of the trade being placed. For certain deals we may need up to one business day. If you have specific requirements for settlement we can discuss this with you and work to meet your needs.

You can buy and sell all major cryptocurrencies and stablecoins using our OTC desk, including:

• USDT (tether)
• USDC
• Bitcoin
• Ethereum
• XRP
• And all other coins listed on our exchange.

You can also trade the vast majority of other tokens/coins not listed on our exchange. If you're looking to trade something we don’t have listed, please reach out - if there’s liquidity in the market, we can get pricing for you.

There are no fees for trading OTC. Quotes provided are all-inclusive; however, there may be deposit and withdrawal fees depending on the volume and currency you are depositing or withdrawing.

Please contact our OTC desk for more information. To view the complete list of deposit, withdrawal, and exchange trading fees as well as volume discounts, visit our fees page.