Kraken OTC clients can now access the trading features and functionality they love from the OTC Portal within the Kraken Pro app.
Kraken OTC is excited to announce that our Request for Quote (RFQ) functionality is now available in the Kraken Pro app. With RFQ, you avoid the hassle of navigating fast-moving and illiquid markets on the go with our automated, self-service interface that makes trading orders over $100,000 quick and easy.
Receive executable OTC quotes at your fingertips
With RFQ, you get a single quote for orders over $100,000, knowing you’ll get your full execution – and its exact price – before you negotiate. Here are some key features available in the Kraken Pro app:
Automated OTC trading
Get a quote, negotiate and settle in seconds on the go using funds in your account.
Increased optionality
Choose your preferred settlement option, transaction by transaction. Settle instantly with automated settlement or trade now and settle later with flexible settlement (available on request).
Range of assets
Get quotes for over 20 crypto assets, including stablecoins and crypto assets.* RFQ supports 7 quote currencies: AUD, CAD, EUR, GBP, USD, USDC and USDT.
Business history
View your spot OTC order history in one place.
How to get started
Verified Kraken OTC clients with a mid-level or professional account can access automated OTC trading. If you are not already a Kraken OTC customer, register here. Once registered, OTC will appear in your Kraken Pro app and Kraken Pro web interface.
Our OTC traders are available 24/7 to help you with onboarding and answer your questions.
*Geographic restrictions apply
These materials are intended for general information purposes only and do not constitute investment advice or a recommendation or solicitation to buy, sell, stake or hold any crypto-asset or to engage in any trading strategy. specific trading. Kraken makes no representations or warranties of any kind, express or implied, as to the accuracy, completeness, timeliness, suitability or validity of this information and shall not be liable for any errors, omissions or delays. in this information or for any loss, injury or damage resulting from its display or use. Kraken does not and will not endeavor to increase or decrease the price of any particular cryptoasset it makes available. Some crypto products and markets are regulated and others are not; In any event, Kraken may or may not be required to be registered or otherwise authorized to provide specific products and services in each market, and you may not be protected by government compensation programs and/or regulatory protections. The unpredictable nature of crypto-asset markets can result in losses of funds. Tax may be payable on any returns and/or increases in the value of your cryptoassets and you should seek independent advice on your tax situation. Geographic restrictions may apply. See legal notices for each jurisdiction here.