Singapore-based crypto exchange Huobi has just announced it is launching an OTC platform specially designed for institutional investors, the company reported yesterday in a blog post.
The platform, known as Huobi OTC Desk, has been approved by the Financial Services Commission of Gibraltar (FSC) and allows its users to trade with major fiat-crypto pairs.
Huobi Global's sales manager, Jeff Adams, has stated the company decides to launch this new platform as a result of the high demand from customers interested in large volume transactions.
Huobi OTC Desk will allow investors to trade with major cryptocurrencies such as Bitcoin and Ethereum as well as fiat currencies like the US dollar, the euro and the pound sterling.
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