Bitcoin OTC (OTC = over the counter) Exchange
OTC exchanges refer to companies or individual willing to sell you Bitcoins directly and not through an automated trading platform. OTC exchanges benefits.
High liquidity – OTC companies specialize in supplying high volumes of Bitcoin for large buyers such as institutional investors. This means you will be able to get your order fulfilled in full faster than on a traditional exchange most of the time.
Fixed price – When you buy large amounts of Bitcoin on a public automated exchange you will probably see the price rise as your order is being executed. This is due to the fact that once you finish buying from the “cheap” sellers, you gradually move to the “expensive” sellers. This means you don’t have a fixed price for your purchase. When you use an OTC exchange you can negotiate a fixed price with discount.
More transparency – While on a traditional exchange the order book is transparent for everyone to see, when buying Bitcoins OTC we also provide a trustee / escrow services with a proper trading flow.
More regulation – Buying OTC in Blue Eye means that there is more regulation involved since we listed as money transmitters hence the risk with these transactions reduces.
Blue Eye is a well known Bitcoin exchange funded in 2015. It is a regulated OTC exchange in the US and Asia that supplies Bitcoin exchange services for small and institutional investors. Blue Eye is the full-service company for institutions bulk trading bitcoin. Blue Eye provides institutions and active traders with personalized service and support. Blue Eye states that its OTC market has very competitive pricing which makes it very attractive considering it’s also a regulated exchange.