9 Best Crypto OTC Trading Platforms in 2025

Did you know that some of the largest crypto trades in history never happened on traditional exchanges?

Behind the scenes, billions of dollars in Bitcoin, USDT, and Ethereum are exchanged daily, quietly, securely, and off the public radar. That’s the world of Over-The-Counter (OTC) trading.

Crypto OTC trading platforms offer a smoother way to move large volumes of crypto. But not all OTC services will give you the satisfaction you’re looking for. Some are fast but lack transparency, others are secure but painfully slow.

In this article, we spotlight the top 9 crypto OTC platforms that are getting it right by balancing speed, security, and support to give you an edge in the market.

What Is a Crypto OTC Trading Platform?

An OTC (Over-the-Counter) crypto platform is a service that allows people to buy or sell their desired amounts of cryptocurrency directly, instead of using regular crypto exchanges

These platforms often help buyers and sellers so the trade can happen smoothly and securely, without affecting public market prices.

Example:
Let’s say you want to sell $500 worth of USDT (Tether).

Instead of using a regular crypto app with lots of buyers and sellers placing small orders, you use an OTC platform like Breet. There, you can instantly convert your USDT to naira in one go, no need to wait for multiple buyers or worry about market fluctuations.

It’s fast, private, and straightforward.

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How Does OTC Trading Work?

Unlike regular exchanges, where you place an order and wait for someone to match it, OTC trading usually involves using a platform, stating how much crypto you want to buy or sell, and getting a quote. If you agree to the price, the trade is processed directly between you and the platform.

For example:

Imagine you want to sell $500,000 worth of USDT. If you try this on a public exchange, your large order might move the market or be broken into smaller trades, causing delays and lower returns. With an OTC platform, you get a fixed rate and the entire transaction is handled at once, privately.

Why Crypto OTC Trading Platforms Matter

OTC platforms are especially useful for:

• People who want to avoid the P2P stress of trading and want something quick and secure.
• High-net-worth individuals or institutions making large trades
• Businesses that need to convert crypto to cash or vice versa quickly
• Investors who want to avoid slippage or public attention

These platforms offer better pricing for big trades, faster execution, and personalized service, making them the go-to choice when speed, privacy, and volume matter most.

Benefits of Using OTC Platforms Over Traditional Exchanges

OTC platforms offer several clear advantages over regular exchanges when it comes to trading large amounts of crypto.

Here’s why many serious traders and businesses prefer them:

1. Reduced Slippage

Slippage happens when your trade causes the price to change before it’s completed.

On public exchanges, large orders can move the market, costing you more than expected. OTC platforms let you lock in a fixed price, so you get the rate you agreed on, no surprises.

2. Better Privacy

Trading on traditional exchanges is public.

Large transactions can be tracked and even noticed by other traders. OTC platforms handle your trades off the books, keeping them private and discreet.

This is ideal if you don’t want your big moves to draw attention.

3. Personalized Service

With OTC, you often get access to a real person (usually a customer service agent), who helps you through the trade.

Whether you have questions, need faster processing, or want to time your transaction better, this human touch makes the experience smoother.

4. Higher Transaction Limits

Most exchanges have limits on how much crypto you can move daily or monthly.

OTC platforms are built for big trades, so they offer much higher limits, often in the hundreds of thousands or even millions. That makes them ideal for businesses and serious investors.

5. Faster Settlement Times

When you’re trading big, speed matters. OTC platforms are designed for efficiency. Once you agree on a price, the trade is settled quickly, often within minutes, without waiting for the market to match your order.

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Top 9 Crypto OTC Trading Platforms

1. Breet
2. Binance
3. Coinbase Prime
4. Kraken
5. YellowCard
6. Remitano
7. Bitmama
8. OKX
9. Roqqu

1. Breet

Breet is a Nigerian-based crypto OTC trading platform designed to make crypto-to-cash conversion easy for individuals and businesses.

Breet allows users to sell USDT, BTC, and other supported coins instantly, without the need for charts, P2P charts, or complicated interfaces.

For people in Nigeria and Ghana looking for speed, simplicity, and local support, Breet is a standout option.

Pros of Breet 

• Instant Crypto-to-Cash Conversion: No need to find a buyer or wait, just send your crypto and get paid.
• Local Bank Payouts: Get your funds directly into your Nigerian or Ghana bank account within minutes.
• No Trading Knowledge Needed: The app is built for everyday users, not just crypto pros.
• Strong Local Support: Nigerian-based team, built for Nigerian and Ghanaian users, fast support and local understanding.
• No Hidden Fees: Transparent rates are shown upfront, so you know exactly what you’re getting.

Cons of Breet 

• Only for Selling Crypto: Currently, Breet focuses on helping users sell crypto, not buy it.
• Limited to Nigeria & Ghana: The service is currently only available in Ghana and Nigeria

2. Binance OTC Desk

Binance is one of the biggest and most trusted names in the crypto world, and their OTC desk lives up to that reputation.

It’s built for high-volume traders who want to make large transactions quickly, securely, and without moving the market.

With global reach, a wide range of supported assets, and deep liquidity, Binance OTC is a go-to choice for institutions and serious investors.

Pros of Binance OTC

• High Liquidity: You can trade large volumes without worrying about price swings.
• Fast Settlements: Once the deal is agreed on, trades are settled quickly and efficiently.
• Global Support: Available in many countries with multilingual support teams.
• Wide Asset Range: Supports a large list of cryptocurrencies, not just Bitcoin or USDT.
• Built on Binance’s Infrastructure: You get the same level of security and reliability as the main Binance platform.

Cons of Binance OTC

• High Minimum Trade Size: Typically requires a minimum of $10,000–$50,000 per trade, which may not suit smaller investors.
• KYC Required: You must complete identity verification to access OTC services.
• Not Ideal for Beginners: The platform is more suited for professional or institutional traders, not casual users.

3. Coinbase Prime

Coinbase Prime is the professional trading arm of Coinbase, designed specifically for institutions and high-net-worth individuals.

Coinbase’s crypto OTC trading platform with direct access to deep liquidity and secure custody services.

Backed by one of the most regulated and trusted crypto companies in the U.S., Coinbase Prime is a strong choice for anyone who values security, transparency, and compliance.

Pros of Coinbase Prime

• Strong Regulatory Compliance: Operates under strict U.S. regulations, which adds trust and credibility.
• Integrated Custody: Offers secure storage through Coinbase Custody, ideal for institutions that want to hold large amounts of crypto safely.
• High-Quality Execution: Smart order routing helps get the best available price for large trades.
• User-Friendly Dashboard: Clean interface with tools for both trading and portfolio management.
• Great Customer Support: Dedicated account managers for OTC clients.

Cons of Coinbase Prime

• U.S.-Centric: Works best for clients in supported regions, especially North America; not as accessible globally as some competitors.
• Strict KYC/Compliance Checks: Onboarding can be lengthy due to detailed verification.
• Minimum Trade Requirements: May require larger trade sizes to access OTC features.

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4. Kraken

Kraken is one of the top crypto OTC trading platforms, and also one of the oldest and most reputable crypto exchanges globally.

Their OTC desk is built for serious traders who want personalized service and deep liquidity without worrying about market impact.

With a strong focus on security and a human-centered approach, Kraken stands out for clients who value both trust and support.

Pros of Kraken 

• High Security Standards: Known for strong security practices and a clean track record in the crypto space.
• 1-on-1 Service: Every client gets direct access to a dedicated OTC trading expert.
• 24/7 Support: OTC desk operates around the clock, ideal for global traders.
• Deep Liquidity: Can handle large trades in major cryptocurrencies without affecting public markets.
• Transparent Pricing: Offers fair and competitive quotes with minimal spread.

Cons of Kraken 

• Limited Asset Range: While it covers popular coins like BTC, ETH, and USDT, it may not support as many altcoins as some competitors.
• Not the Fastest Onboarding: New users may experience delays due to strict verification and account setup.
• Minimum Trade Size: Usually starts around $100,000, making it less accessible for smaller investors.

5. Yellow Card

Yellow Card is one of Africa’s most popular crypto OTC trading platforms.

Its OTC service is tailored for individuals, businesses, and institutions looking to trade large volumes across the continent.

With a strong presence in Nigeria and over 20 other African countries, Yellow Card OTC offers personalized support, competitive rates, and fast settlements, making it a solid choice for high-volume traders who want local expertise and global reach.

Pros of Yellow Card

• Africa-Focused: Deep understanding of African markets, especially Nigeria, Ghana, Kenya, and South Africa.
• Multiple Payment Options: Supports bank transfers, mobile money, and other local payment methods.
• Personal Account Managers: OTC clients get 1-on-1 service for better pricing and smoother transactions.
• Low Barrier to Entry: Compared to traditional OTC desks, Yellow Card is more accessible to individuals and small businesses.
• Fast Settlements: Trades are processed quickly with minimal delay, especially in supported regions.

Cons of Yellow Card

• Limited Asset Selection: Mainly supports BTC, USDT, and a few other major coins, no wide altcoin range.
• Regional Coverage Still Expanding: While strong in many African countries, it’s not yet available everywhere.
• Must Request OTC Access: OTC service isn’t available by default—you have to contact support or fill out a request form.

6. Remitano

Remitano is a global peer-to-peer crypto OTC trading platform with strong roots in Africa and Asia.

While it doesn’t have a traditional OTC desk, it offers a “large volume trade” service that functions like OTC, allowing users to buy or sell significant amounts of crypto securely and privately.

It’s especially useful for users in Nigeria and other developing markets who want to make big trades without depending on centralized exchanges.

Pros of Remitano

• Supports multiple cryptos: You can trade BTC, ETH, USDT, and more directly with verified users.
• Naira & Local Currency Support: You can pay or get paid in your local currency, including NGN.
• Escrow Protection: Funds are held securely during trades, reducing the risk of scams.
• User Reputation System: You can filter for trusted, high-volume traders with good feedback.
• Relatively Low Minimums: You don’t need to hit $100k to start; OTC-like trades can happen at lower volumes.

Cons of Remitano OTC

• Manual Process: You need to find and message a seller or buyer, which can take time.
• Not a Dedicated OTC Desk: There’s no direct account manager or broker helping you through the trade.
• Slower Trade Times: Some trades depend on how quickly the other party responds and completes the transaction.
• Not Ideal for Institutions: While great for individuals, it lacks the advanced features businesses might need.

7. Bitmama

Bitmama is a Nigerian crypto exchange that offers OTC services for individuals and businesses looking to trade larger volumes of crypto.

Focused on making crypto more accessible in Africa, Bitmama’s OTC desk helps users convert crypto to naira (or vice versa) with personalized support, competitive rates, and flexible payment options.

Pros of Bitmama

• Naira Support: Easily sell or buy crypto with NGN, straight to or from your Nigerian bank account.
• Dedicated OTC Desk: Offers tailored service for high-volume clients, including businesses and fintechs.
• Mobile App Convenience: You can make large trades right from the Bitmama app.
• Flexible Payment Options: Supports both bank transfers and stablecoins like USDT.
• Regional Focus: Built with the African user in mind, offering a smooth local experience.

Cons of Bitmama

• Limited Asset Selection: Mostly supports BTC, ETH, and USDT—not a wide variety of altcoins.
• Not Yet Pan-African: While expanding, services are still mostly tailored to Nigerian users.
• Must Apply for OTC Access: You need to reach out to their team to access OTC trading features.

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8. OKX Block Trading 

OKX is one of the world’s largest crypto OTC trading platforms.

Its Block Trading platform serves as an OTC solution for users who want to make large, private trades without impacting market prices.

While originally designed for institutional clients, it has become more accessible for verified individuals trading in high volumes.

Pros of OKX 

• Wide Crypto Support: Trade dozens of assets including BTC, ETH, USDT, and many altcoins.
• Deep Liquidity: Backed by OKX’s massive global trading volume, so large trades are no problem.
• Customizable Deals: You can negotiate directly with counterparties for better pricing.
• Advanced Tools: Great for users who want to combine OTC with professional features like market analysis.
• Available to Individuals: High-volume individual traders can access OTC services after verification.

Cons of OKX 

• Requires KYC: Full identity verification is mandatory before accessing block trades.
• Better for Tech-Savvy Users: The platform has a learning curve and is better suited for experienced traders.
• Minimum Trade Size: Typically requires $50,000 or more per transaction to qualify as OTC.

9. Roqqu

Roqqu is a Nigerian crypto wallet and exchange that recently added OTC services for users looking to trade large volumes of crypto.

It’s built with local users in mind, offering fast naira payouts, a user-friendly mobile app, and personal support for high-value transactions.

Whether you’re a business or an individual moving serious crypto, Roqqu OTC makes the process smooth and local.

Pros of Roqqu

• Instant NGN Withdrawals: Sell crypto and get naira straight into your bank account, usually within minutes.
• Nigerian-Focused: Built specifically for Nigerians, with features and support that reflect local needs.
• Mobile-Friendly: Trade OTC right from the Roqqu app, no need for complicated trading tools.
• Wide Crypto Support: Supports major coins like BTC, ETH, USDT, and others.
• Accessible Entry Point: Easier to get started with than some global OTC desks; no $100k minimums.

Cons of Roqqu

• Limited to Sellers: Like Breet, it mainly supports selling crypto, not buying it OTC.
• Nigeria-Only: Currently focused on Nigerian users with local bank accounts.
• Less Advanced Tools: Not ideal for pro traders who need in-depth analytics or charting.

How to Choose the Right OTC Platform for Your Needs

With so many crypto OTC trading platforms available, choosing the right one depends on your specific goals and location. Here are the key things to look out for:

1. Security and Reputation

Always go with a platform that has a strong track record and good reviews. Look for names that are well-known in your region or globally trusted.

Security should include features like escrow (for P2P platforms), two-factor authentication, and fraud monitoring. If you’re dealing with large sums, trust matters more than anything.

2. Regional Availability

Not all OTC platforms work in every country. If you’re in Nigeria or another African country, make sure the platform supports your local currency (like NGN), bank withdrawals, and payment methods. Choosing a local platform like Breet, Roqqu, or Yellow Card can save you time and stress.

3. Fees and Spreads

OTC trading often comes with hidden fees in the form of wider spreads (the gap between buy and sell prices). Some platforms charge extra for service or withdrawals.

Always check how much you’ll actually receive before confirming a trade, and compare rates between platforms if possible.

4. Trade Size Limits

Some crypto OTC platforms are strictly for big players thinking $50,000 or more per trade.

Others, like Breet, are more flexible and accept smaller volumes. Make sure the platform fits the size of your typical transaction, whether you’re an individual trader or a business.

5. Customer Support Quality

OTC trading is personal and high-stakes, so good support is a must. Look for platforms that offer dedicated account managers, live chat, or at least responsive email support. If something goes wrong during a large trade, you’ll want fast, helpful assistance.

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Conclusion

Crypto OTC platforms have changed the way individuals and businesses handle large crypto trades. Whether you’re cashing out USDT in Nigeria, buying BTC for your company, or just want a faster, more private experience than traditional exchanges offer, there’s an OTC option that fits.

The key is knowing what you need:

• Want something fast and simple? Breet is perfect.
• Looking for global liquidity and coin variety? Binance or Kraken are top choices.
• Prefer personalized support with a local focus? Try Breet.

Whatever your use case, don’t just go with the biggest name, go with the platform that fits your region, trade size, and comfort level.

FAQs on Crypto OTC Trading Platforms

1. What is the best trading platform for OTC?

The best platform depends on your needs. Top platforms include Binance OTC, Kraken OTC, Coinbase Prime, and Breet (for Africa). Look for platforms with good security, low fees, fast settlement, and a trusted reputation.

2. Is OTC trading profitable?

OTC trading can be profitable, especially for large trades. It offers better prices, less slippage, and private deals. But, just like any crypto trade, profit depends on market conditions and timing.

3. What is OTC trading in crypto?

OTC (Over-The-Counter) trading means buying or selling crypto directly between two parties, without using a public exchange order book.

4. Is it safe to trade in OTC?

Yes, OTC trading is safe if you use trusted platforms. Always choose regulated or well-known OTC desks, and avoid dealing directly with unknown individuals to reduce risk of scams.

5. What is the limit for OTC trading?

The limit varies by platform. Many OTC desks require a minimum trade of $10,000 or more. Some platforms in Africa like Breet do not have a minimum limit for OTC trading.