RATE Group | The Daily: Coinbase Launches OTC Desk, Huobi Opens Derivatives Market
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The Daily: Coinbase Launches OTC Desk, Huobi Opens Derivatives Market

29 Nov The Daily: Coinbase Launches OTC Desk, Huobi Opens Derivatives Market

Posted at 14:12h in Bitcoin News by

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The Daily: Coinbase Launches OTC Desk, Huobi Opens Derivatives Market

The Daily

In Thursday’s edition of The Daily, we feature stories that show cryptocurrency exchanges continuing to develop advanced services designed to attract institutional investors. These include OTC trading, derivatives and futures.

Also Read: Major Video Card Supplier Enters Cryptocurrency Mining Business

Coinbase Launches Dedicated OTC Desk

The Daily: Coinbase Launches OTC Desk, Huobi Opens Derivatives MarketCoinbase has launched an over-the-counter (OTC) trading desk. The initiative went live earlier this month exclusively for its Prime members, who include hedge funds and other agency-level businesses. These high-rolling clients can now use the service to trade cryptocurrency via direct communication methods such as Skype, email and by phone, as is common for OTC desks in other markets.

“We launched our OTC…

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