OTC Desk — Live & Accepting Orders

Institutional Crypto
Trading, Built for
Serious Capital

Blockdesk OTC is your private gateway for high-volume digital asset transactions. Fixed rates, zero slippage, and a dedicated desk that works around your schedule.

$200K+
Min. Trade Size
< 60s
Quote Delivery
0 Breach
Security Record
24/5
Desk Coverage
Your Private Crypto
Banking Partner

We've built an OTC experience that institutions, funds, and high-net-worth individuals actually want — efficient, discreet, and secure.

Instant Price Quotes

On any business day, receive a firm price quote within 60 seconds of your request. No waiting rooms, no callback queues.

🔒

Rate-Locked Execution

Large orders notoriously move markets. We lock your rate for the full volume upfront, eliminating slippage risk entirely.

🏦

Banking-Friendly Settlements

Funds arrive in your bank from a regulated, EU-licensed entity. Banks recognise us — expect smooth, frictionless clearance.

👤

Dedicated Account Manager

You get a named contact who knows your structure, your preferences, and your goals. Real people, real relationships.

🚀

Streamlined Onboarding

Corporate KYB and individual KYC designed to be comprehensive yet fast. Most clients are cleared and trading within 48 hours.

🛡️

Zero Security Incidents

Since our founding, Blockdesk has maintained a perfect security record. Client funds and data have never been compromised.

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Encrypted Chat Settlement

All trade confirmations happen through an end-to-end encrypted secure channel. No complex portals or fragile email chains.

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Global Liquidity Access

Thin local markets are no obstacle. Our global liquidity network ensures competitive fills regardless of size or timing.

From First Contact
to Settlement

A process designed for professionals. Every step is clear, secure, and built around your timeline.

Supported Assets: BTC, ETH, USDC, SOL, and USDT. Need a different asset? Reach out — we handle special requests individually.

Minimum Volume: $200,000 USD or equivalent. This is where the OTC advantage truly begins.

01

Elevate Your Account Tier

Submit your corporate documents or personal ID via your Blockdesk account to unlock OTC-level transaction limits.

02

Sign the Digital Agreement

Complete a brief OTC service agreement electronically. Our legal team handles the rest — typically within one business day.

03

Join Your Secure Channel

Your account manager invites you to a private, encrypted messaging environment dedicated to your trades.

04

Transfer Funds to Blockdesk

Deposit fiat or crypto into your Blockdesk account. Fiat SEPA transfers are confirmed the same business day.

05

Request Your Rate

Message your desk with volume and direction. You'll receive a firm, locked rate back in under 60 seconds.

06

Confirm the Trade

A single confirmation message in the secure channel executes the deal at the quoted rate. No surprises.

07

Settlement & Delivery

Funds or crypto are delivered to your designated wallet or bank account, typically the same day.

Transparent, Volume-Based Pricing

No hidden markups. The more you trade, the less you pay. Our fee tiers reward volume with lower rates.

Transaction Volume (EUR) Fee Rate Effective Savings
$200,000 – $500,000 1.20% Base tier
$500,000 – $2,000,000 1.00% Save 0.20%
$2,000,000 – $10,000,000 0.80% Save 0.40%
$10,000,000+ Negotiated Custom pricing
View Full Fee Schedule →

Ready to Trade at Scale?

Start a conversation with our desk. Most clients are set up and trading within 48 hours.

1

Create Your Account

Register on Blockdesk and complete standard verification.

2

Contact the OTC Desk

Email [email protected] with your volume and intent.

3

Start Trading

Your dedicated channel is opened and you're ready to request rates.

Contact OTC Desk Now

OTC Desk Fees

OTC fees are calculated on a per-trade basis and depend on your executed volume. Fees are applied to the total notional value of each transaction. Volume tiers reset monthly.

EUR Volume Band Fee Rate Notes
$200,000 – $500,000 1.20% Entry tier
$500,001 – $2,000,000 1.00% Mid-tier
$2,000,001 – $10,000,000 0.80% High volume
$10,000,001+ Negotiated Contact desk

Standard Trading Fees

For clients using Blockdesk's exchange platform (non-OTC), the following maker/taker schedule applies. Cumulative 30-day volume across all trading pairs determines your tier.

30-Day Volume Taker Maker
< $10,0000.60%0.40%
< $100,0000.30%0.20%
< $250,0000.23%0.12%
< $500,0000.21%0.09%
< $1,000,0000.18%0.05%
< $3,000,0000.15%0.03%
< $15,000,0000.12%0.02%
≥ $15,000,0000.10%−0.04% rebate

Maker vs. Taker: Orders that add liquidity to the order book are classified as "maker" orders and attract a more favourable rate. Orders that immediately match and remove existing liquidity are "taker" orders. 30-day volume is recalculated hourly based on all executed trades converted to EUR at the trade-time price.

Deposits & Withdrawals

Method Deposit Fee Withdrawal Fee
USD Wire Transfer$1.00$1.00
USD Card (one-time)1.90%
USD ACH TransferFree$0.50
Bitcoin (BTC)Free0.000011 BTC
Ethereum (ETH)Free0.0009 ETH
USDC / USDTFree3 USDC/USDT
Solana (SOL)Free0.01 SOL
Ripple (XRP)Free0.02 XRP
Bitcoin LightningFreeFree

Other Fees

Fee Type Amount Description
Compliance Fee 1% Applied to PEPs, sanctioned entities, or clients under adverse media investigation.
Administrative Fee $20 Charged when deposits are returned due to third-party accounts, missing references, or limit breaches.

Note on Crypto Withdrawal Fees: Network fees for BTC, ETH, and other proof-of-work chains are dynamic and fluctuate with on-chain congestion. The values shown reflect average conditions. Your actual fee will be displayed before confirmation.

Institutional Standards,
Native to Crypto

Too many OTC desks are either under-regulated bucket shops or legacy banks that treat crypto as an afterthought. Blockdesk exists to fill the gap: a purpose-built, professionally licensed, and deeply experienced desk that treats every client relationship with the seriousness it deserves.

We serve family offices, hedge funds, corporates, and high-net-worth individuals who need to move significant capital in or out of digital assets — quickly, safely, and without market impact.

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Regulated & Licensed

Registered with FinCEN as a Money Services Business (MSB). All operations comply with the Bank Secrecy Act (BSA), OFAC requirements, and applicable state money transmission laws.

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Zero Incident History

No security breaches, no fund losses, no data leaks since inception. Security is our first feature, not an afterthought.

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Billions Settled

Our desk has processed billions in notional value across BTC, ETH, USDC, and other major assets since 2019.

What We Stand For
⚖️

Integrity First

We quote the rate we'll deliver. No bait and switch, no last-look games. Our word is our bond — confirmed in writing via encrypted channels.

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Rigorous Compliance

We run thorough KYC/KYB checks not because we must, but because our clients expect us to know who we're doing business with.

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Long-term Relationships

We measure success in client tenure, not transaction count. When markets are volatile, our clients want a calm, trusted desk — that's us.

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Global Reach, Local Care

With liquidity partners across Asia, Europe, and the Americas, we serve a global client base while maintaining personalised relationships.

Leadership
AK

Alex Kovalev

Chief Executive Officer

SM

Sarah Müller

Head of OTC Trading

JC

James Chen

Chief Risk Officer

LP

Lena Park

Head of Compliance

MR

Marco Ricci

Chief Technology Officer

Getting Started
What is an OTC Desk and how does it differ from an exchange?
An OTC (Over-the-Counter) desk facilitates large trades directly between two parties — you and Blockdesk — rather than routing your order through a public order book. The key advantage is zero market impact: on an open exchange, a large order will move the price against you as it fills. With OTC, you receive a fixed, locked rate for your entire volume, executed as a single transaction. It's the standard method used by institutions, funds, and high-net-worth individuals globally.
What is the minimum trade size for Blockdesk OTC?
The minimum single transaction size is $200,000 EUR or equivalent in cryptocurrency. This threshold exists because OTC services — dedicated managers, encrypted channels, locked rates — are designed for capital that would meaningfully impact an exchange order book. For smaller amounts, our standard trading platform is the right fit.
Which cryptocurrencies can I trade via OTC?
Our desk actively quotes and trades BTC, ETH, USDC, USDT, and SOL. We also support a number of other liquid altcoins on a request basis — if the asset has meaningful global liquidity, there's a good chance we can accommodate it. Contact your account manager or email [email protected] with the asset and volume for a bespoke assessment.
How do I open an OTC account?
The process is simple: (1) Register a standard Blockdesk account at blockdeskotc.com. (2) Complete your KYC (individuals) or KYB (companies) verification — this typically takes 1–2 business days. (3) Email [email protected] stating your intended volume and trading direction. Our team will follow up to elevate your account limits and assign a dedicated manager within one business day.
Trading & Execution
How quickly can I get a price quote?
During business hours (Monday–Friday, 08:00–20:00 EST), we deliver firm price quotes in under 60 seconds of receiving your request via the secure channel. Outside these hours, quotes may take slightly longer, but our on-call team handles urgent requests. If speed is critical, let your manager know and we'll ensure priority coverage.
Is the quoted rate guaranteed?
Yes — when Blockdesk provides a firm OTC quote, that rate is locked for the duration specified (typically 30–60 seconds for confirmation). Once you confirm via the secure channel within that window, the rate is binding. You will receive exactly the volume quoted at exactly the price quoted, regardless of market movement during settlement. This is the core value of OTC.
How does settlement work after I confirm a trade?
After confirmation, settlement occurs as follows: Crypto-to-Fiat — crypto is debited from your Blockdesk wallet and EUR/GBP is credited to your linked bank account, same day for morning confirmations. Fiat-to-Crypto — fiat is debited from your account balance and crypto is sent to your designated wallet address, typically within 2–4 hours. We provide a settlement receipt in the secure channel once complete.
Can I split a large trade across multiple transactions?
Yes. Some clients prefer to execute in tranches — for example, spreading a $5M position across five $1M transactions over several days. We accommodate this fully. Your account manager can set up a recurring rate schedule or provide individual quotes for each tranche as you're ready to execute. VWAP (volume-weighted average price) programmes are also available for larger structured positions.
Fees & Pricing
Are OTC fees included in the quoted rate or added separately?
Our fees are applied to the transaction and deducted at settlement — they are not embedded in the quoted rate. This means you see exactly what the market rate is, and the fee is a transparent, separate line item. You'll receive a full trade confirmation showing: quoted price, fee percentage, fee amount in EUR, and net settlement amount. No surprises.
Do fees decrease over time as I trade more?
Yes. For standard exchange trading, fees are tiered based on your 30-day cumulative volume — the more you trade, the lower your rate. For OTC specifically, significant long-term volume clients can negotiate custom pricing. Contact your account manager or email [email protected] to discuss a bespoke arrangement if your monthly OTC volume exceeds $10,000,000.
Security & Compliance
How does Blockdesk protect my funds and data?
Security is built into every layer of our infrastructure. Crypto holdings are held in multi-signature cold storage with geographically distributed key shards. Our secure communication channels use end-to-end encryption. All client data is stored in encrypted databases with strict access controls. We conduct quarterly third-party penetration tests and maintain an active bug bounty programme. Since our founding, we have had zero security incidents.
What documents do I need for KYC/KYB verification?
Individual clients: Government-issued photo ID (passport preferred), proof of address dated within 90 days, and source-of-funds documentation for OTC transactions.

Corporate clients: Certificate of incorporation, list of directors and beneficial owners (UBOs >25%), KYC documents for all UBOs, corporate bank statement, and a brief description of the company's business and intended use of Blockdesk services. Our compliance team will guide you through the full checklist.
Is Blockdesk regulated?
Yes. Blockdesk Ltd. is registered with the Financial Crimes Enforcement Network (FinCEN) as a Money Services Business (MSB) under the Bank Secrecy Act. All operations comply with US AML/CFT obligations, OFAC sanctions requirements, and applicable state money transmission laws. Our compliance framework is reviewed annually by an independent external auditor. Our compliance framework is reviewed annually by an independent external auditor.
What happens if I send funds from a third-party account?
For compliance and AML reasons, Blockdesk can only accept deposits from accounts that are verified and registered in your name (or your entity's name). Third-party deposits will be returned to the originating account and an administrative fee of $20 will be charged to cover processing costs. We strongly recommend verifying all payment details with your account manager before transferring funds.

Still have questions? Our team is here to help. Email us at [email protected] or reach your dedicated account manager directly via your secure channel. We typically respond within 2 business hours.

📅 Effective Date: 1 April 2025

1. Definitions

"Agreement" means these Terms and Conditions together with our Privacy Policy and any applicable OTC Service Agreement. "Client", "you" or "your" means any individual or entity using Blockdesk services. "Digital Assets" means cryptocurrencies and other blockchain-native tokens supported by Blockdesk. "OTC Services" means the over-the-counter trading desk services described on our website. "Platform" means the Blockdesk website, APIs, and related services.

2. Eligibility

To use Blockdesk services, you must:

  • Be at least 18 years of age (or the legal age of majority in your jurisdiction)
  • Not be a citizen or resident of a jurisdiction subject to comprehensive sanctions (including but not limited to: North Korea, Iran, Cuba, Syria, Russia)
  • Not be a designated person under any applicable sanctions regime
  • Have successfully completed Blockdesk's KYC/KYB verification process
  • Have the legal capacity to enter into binding contracts in your jurisdiction

Blockdesk reserves the right to refuse service to any applicant at its absolute discretion and without obligation to provide a reason.

3. Account Registration & Verification

You agree to provide accurate, current, and complete information during registration and to update such information promptly if it changes. You are solely responsible for maintaining the confidentiality of your account credentials. Blockdesk is not liable for any loss resulting from unauthorised access to your account that arises from your failure to protect your login credentials.

Blockdesk reserves the right to suspend or terminate accounts where verification cannot be maintained or where suspicious activity is detected, without prior notice.

4. OTC Trading Services

4.1 Price Quotes

All price quotes provided by the Blockdesk OTC desk are indicative until confirmed in writing via the designated secure communication channel. A quote is binding only upon Blockdesk's explicit written confirmation. Quotes are valid for the time period stated at the time of delivery.

4.2 Trade Execution

Once a trade is confirmed by both parties, it is legally binding. The Client agrees to fund the trade in full within the settlement window specified by Blockdesk. Failure to settle an agreed trade may result in account suspension, recovery of any losses caused, and termination of OTC access.

4.3 Minimum Trade Size

The minimum transaction value for OTC services is $200,000 USD or equivalent. Blockdesk reserves the right to adjust this threshold at any time with reasonable notice.

4.4 Fees

Fees are as set out in the current Fee Schedule published at blockdeskotc.com/fees. Blockdesk may update fee schedules with 14 days' notice. Continued use of services after the notice period constitutes acceptance of updated fees.

5. Risk Disclosure

Digital asset trading involves substantial risk. You acknowledge and accept that:

  • Digital asset prices are highly volatile and may decline to zero
  • Past performance is not indicative of future results
  • Transactions on public blockchains are irreversible
  • Regulatory changes may affect the value or legality of digital assets
  • Technology failures, network congestion, or forks may disrupt trading or settlement
  • Blockdesk is not liable for losses arising from any of the above circumstances

You represent that you have sufficient knowledge, experience, and financial resources to bear the risks of digital asset trading. Blockdesk does not provide investment advice. Nothing in our communications constitutes a recommendation to buy or sell.

6. Funds & Custody

Client fiat balances are held in segregated accounts at regulated banking partners and are not commingled with Blockdesk's operational funds. Cryptocurrency holdings are maintained in cold storage wallets under multi-signature security controls. Blockdesk does not rehypothecate or lend client assets. Digital assets held with Blockdesk are not protected by the FDIC.

7. Prohibited Activities

You agree not to use Blockdesk services for any of the following:

  • Money laundering, terrorist financing, or sanctions evasion
  • Market manipulation, wash trading, or spoofing
  • Depositing funds derived from criminal activity
  • Providing false or misleading information to Blockdesk
  • Circumventing account limits or verification requirements through third parties
  • Any activity that violates applicable laws or regulations

8. Limitation of Liability

To the maximum extent permitted by applicable law, Blockdesk's aggregate liability to any Client in connection with these terms shall not exceed the total fees paid by that Client to Blockdesk in the three (3) months preceding the event giving rise to the claim.

Blockdesk shall not be liable for: indirect, consequential, or punitive damages; loss of profit, revenue, data, or business opportunity; losses arising from third-party service failures (banking partners, blockchain networks, custody providers).

9. Termination

Either party may terminate this agreement with 30 days' written notice. Blockdesk may terminate immediately in cases of suspected fraud, AML concern, regulatory direction, or material breach of these terms. Upon termination, Blockdesk will return client funds to their verified bank account or wallet within 10 business days, subject to completion of any pending compliance reviews.

10. Governing Law & Dispute Resolution

These Terms are governed by the laws of the State of Delaware and applicable federal law. Any disputes shall first be referred to Blockdesk's Customer Resolution Team. If unresolved within 30 days, disputes shall be subject to the exclusive jurisdiction of the courts of Delaware, USA. Clients may also be entitled to refer certain disputes to the Consumer Financial Protection Bureau (CFPB) if applicable.

11. Amendments

Blockdesk reserves the right to amend these Terms at any time. Material changes will be communicated via email to registered clients with 14 days' notice. Continued use of our services after the notice period constitutes acceptance of the amended Terms.

12. Contact

For questions about these Terms, please contact: [email protected]
Blockdesk Ltd., 350 Fifth Avenue, Suite 4100, New York, NY 10118.