Phemex Launches OTC Trading, Enables Crypto Purchase with Bank Transfers

Phemex, the quickest crypto change and futures buying and selling platform has offered OTC Buying and selling provider in partnership with Legend Buying and selling — a Silicon Valley-based, regulatory-compliant OTC buying and selling provider. With this new addition, customers on Phemex can now safely purchase and promote cryptocurrencies thru USD twine switch in addition to different choices, together with bank cards and supported cost gateways.

Paying attention to the Crypto Neighborhood’s Wishes

As a user-friendly crypto buying and selling platform, Phemex is all the time receptive to the crypto group’s wishes and calls for. The newest workout to increase its providing to incorporate OTC Buying and selling is a results of such dedication. The platform gained more than one requests from the group to incorporate OTC Buying and selling, which inspired Phemex to forge a partnership with a certified Cash Services and products Industry (MSB) to offer a protected and handy answer.


Now, customers can get started applying the OTC Buying and selling characteristic through finishing few easy steps. They only need to log into their Phemex account, choose OTC Buying and selling beneath the “Purchase Crypto” possibility, and supply some private data to satisfy the KYC necessities. As soon as the supplied data is reviewed and showed, Legend Buying and selling will approve the account, following which, customers are loose to shop for and promote cryptocurrencies in simply two steps.

Even if two other entities are interested in offering OTC Buying and selling products and services on Phemex, the entire procedure is streamlined to provide a continuing buying and selling revel in. The step by step information to start out the usage of the OTC Buying and selling characteristic is to be had on Phemex site.

OTC Buying and selling Places Phemex within the Lead

The OTC Buying and selling provider presented through Phemex allows customers to habits fast, high-volume crypto trades at just right charges. The minimal order measurement on Phemex OTC Buying and selling is solely $500, making it out there to each informal and professional investors alike.

Phemex is a FinCEN regulated entity that, blended with the newly introduced OTC Buying and selling provider, makes it one of the crucial few platforms eligible to cater to US buyers’ calls for. This chance places the platform manner forward of lots of its competition like Bybit and others. In the meantime, for Phemex, that is only the start because the buying and selling platform will proceed to broaden and release new merchandise to stay alongside of the crypto group’s converting necessities.

Be informed extra about Phemex OTC Buying and selling right here

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