The popular cryptocurrency exchange Binance has launched an over-the-counter (OTC) trading portal.
“The portal is a platform that works on the principle of requesting price offers in real-time. Users will be able to confirm transactions and quickly receive payments directly to their Binance accounts, ”explained the representatives of the exchange.
If the market participant has sufficient funds to complete the transaction, the offer can be confirmed or rejected. If approved, Binance accepts the request for processing.
The minimum amount for a transaction is equivalent to 10,000 USDT; maximum - to 250 BTC.
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Bitcoin purchases are currently available for BUSD, USDT, and USDC. For these stablecoins you can sell not only BTC but also 24 other coins, including ETH, LTC, BNB, EOS, and TRX.
Binance customers with the second level of verification will be able to use the platform.
It also became known that Binance plans to launch its mining pool. According to the head of the exchange, Changpeng Zhao, it is no accident that the image from the first live broadcast of #BinanceMiningPool is now distributed among members of the Chinese community.