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OTCBTC is focused on building an efficient cryptocurrency exchange platform, and is currently the largest OTC exchange in Asia.
OTCBTC has two main business models:
OTC stands for Over-the-Counter. In simpler terms, OTC offers services similar to eBay for Crypto.
Using the OTCBTC platform, individuals from different countries can complete crypto trading directly. Sellers can post a sale offer on the platform and explain the payment method and exchange rate; while the buyers can choose a suitable seller to complete the trade directly online according to their needs. OTCBTC acts as a monitor between traders utilizing a strict KYC procedures and a fair scoring system to ensure a safe and convenient trading environment.
Our exchange page focuses solely on the trades between crypto. In other words, the exchange page is similar to the stock market where orders and trades can happen quickly.
Our current platform carries a variety of cryptocurrencies paired with BTC , ETH and USDT. We also offer listing services to bring new tokens on our exchange using ERC20. If you are familiar with the cryptocurrency exchange market, we are a hybrid of Localbitcoins + Etherdelta.
Our current team consists of 30 employees, of which half functions as R&D. OTCBTC is currently ranked as one of the fastest growing companies providing excellent customer service and user experience.
Prior to OTCBTC, our R&D team had created ico.info, previously the largest global ICO crowdfunding platform. Within two months, we helped 20 teams raise 200M worth of crypto asset. Through combining the experience of operating an exchange, ICO and foreign exchange applications, we are dedicated to providing global users a safe, easy-to-use and reliable blockchain service.
OTCBTC ensures the highest form of security when it comes to any risks involved in crypto trading through exchanges. We also provide immediate customer service support for users with any questions while trading.
Our platform uses KYC ID verification to verify user identity. This verification is completed by the Jumio Netverify technology to reduce the possibility for fraud and money laundering. It is similar to what global crypto exchange platforms such as bittrex, localbitcoins, and cryptopay use. OTCBTC does not preserve user information received from Jumnio to comply with data confidentiality. The system is responsible for verifying the identity automatically.
We’ve worked with top development consultants on creating a structured wallet that allows individuals to store their assets simultaneously in a hot, warm, and cold wallet. Not only does this increase the security of your funds but it also creates fluidity in trading efficiency.
OTCBTC establishes its presence through utilizing the software allowing customer service representatives to respond to queries within 5-15 minutes. The goal is to resolve any issues customers run into within 24 hours. Whereas, regular exchanges tend to respond in 3-5 business days.
Our vision is to create an exchange platform where users feel safe, transparent, and cared for while trading. We hope to become one of the top 10 trading platforms before the end of 2018.