Bitcoin Exchange Bithumb Has Launched Its Own OTC Platform
The leading South Korean cryptocurrency exchange Bithumb has launched an OTC platform for institutional investors and Ortus traders. It still unknown what digital assets will be listed on the platform.
Ortus is headquartered in Hong Kong, but it also has offices in the UK, Japan, Australia and Argentina.
Note that the clients of the platform will have to undergo a strict KYC/AML procedure.
It is noteworthy that Ortus will offer institutionals a custodial solution with insurance of funds and will accept money transfers from US banks.
Recall, recently another major Asian player – Binance – has launched its own OTC platform.
Earlier, the American Bittrex also announced the launch of an OTC platform with support for more than 200 cryptocurrencies. In the U.S. jurisdiction, such services are provided by Coinbase and Poloniex.