This is the first edition of the Spotcoin close-up series. To many #crypto enthusiast, OTCs are the stuff of legend. It’s where the whales go. And that’s true. We also happen to have run one successfully starting in 2016, and here is how (and why) our OTC works. It’s one of our business lines that we’ll write about in the coming weeks.
For one, it will provide dividends.
Simple liquidity isn’t just a catchy marketing gimmick. It is the life blood of our business, and the driving force for everything we do.
But what is the Over-the Counter (OTC) Marketplace and why is ours special? Read on to learn five key things you need to know about the Spotcoin OTC.
- A proven method
Otc marketplaces are frequently restricted by a lack of liquid property. This effects in caps on alternate quantities and regulations on trade float. There was a need to help excessive-dollar trades and fiat to virtual services, specifically within the black sea place.
We wanted better. So, we built it.
Mounted in november 2016, the preliminary otc processed over $1m in line with month in trades simply months after launch. The company cleared over $5m in trades by the quit of its 2nd zone in operation.
Key to success was our next day settlement policy and our capability to correctly settle every trade entrusted to us.
- Next business day settlements
Success flourished with our ability to deliver all settlements within 1 business day of trade request. Our established relationships with multiple banks in Europe allowed us to facilitate high value bank transfers and ensure simple liquidity remains simple.
As we launch the new version of the OTC, our commitment to next business day settlements is stronger than ever.
- We’re making it even better
Never one to take a seat on our laurels, spotcoin recognized the $10b marketplace wanted a higher solution. With neo concentrated on 100,000 transactions in keeping with 2d (tps) by 2020, our otc had to be scalable to develop with the any huge will increase in virtual currency exchange quantity and demand.
The new otc is constructed on the concept of the primary. But better.
Our new platform will include: virtual asset pockets integration, automatic deposit and withdrawal functionality, 2fa, and a easy user interface. Clean to use, the development of automation tools and strategic partnerships make certain our clients advantage from quick trades and brief results. Any otc purchaser that trades in extra of $1m consistent with month is assigned a spotcoin ambassador with a view to offer personalised carrier for each and each trade. They're only a cellphone name away.
- The go-to OTC marketplace for Big Trades
The access to capital, banking partnerships, and next business day settlements deliver comfort and security to high-dollar investors. This is a big step up from trading on exchanges where it could take a long time for very large deals an order to be executed, creating sell or or buy ‘walls’ that stop the easy flow of orders on the exchange. The simple liquidity our OTC provides reduces risk for our clients.
- Quarterly dividends for SPOT holders
As the ico launch speeds towards us, the dividend query is ever-present.
The otc commercial enterprise line presents that dividend. Each zone, spot holders will earn 12% of internet profit from the all enterprise traces, consisting of the otc. This dividend will start the first worthwhile sector and continue shifting ahead. That is on top of the weekly dividends of fifty one% of the exchange prices coming from our future computerized exchange. It’s a nice way to earn extra money.
In case you are interested by learning more about the otc, or our other business lines: check out our whitepaper.
Interested in more Spotcoin?
Join our Telegram community: Spotcoin Team, Spotcoin News, and Spotcoin Bounty.
Take a look at our complete ICO offering here.
Read our Whitepaper here, for more details.
Visit spotcoin.com, where we make digital currencies work for everyone.
Residents and residents of the united states and us territories are prohibited from taking part within the spot airdrop and the spot public income. Residents and residents of the following countries are prohibited from taking element inside the spot public income: bosnia and herzegovina, china, ethiopia, iran, iraq, north korea, south korea, sudan, sri lanka, syria, trinidad and tobago, tunisia, serbia, vanuatu, yemen
However, certified approved u.S. Buyers can participate in the spot private sale. Chinese and south korean investors can participate inside the non-public sale when paying with virtual currencies, after signing the saft shape and finishing the kyc /aml system. Any investment in virtual currencies comes at a threat. Nobody must invest cash that he or she cannot have the funds for to lose.
Ahead-looking statements are furnished to allow potential buyers the possibility to understand management’s beliefs and reviews in appreciate of the future so that they'll use such beliefs and critiques as one component in evaluating an investment. These statements aren't guarantees of future overall performance and undue reliance have to no longer be positioned on them. Such ahead-searching statements necessarily involve known and unknown risks and uncertainties, which may also purpose real overall performance and financial outcomes in destiny periods to vary materially from any projections of future overall performance or result expressed or implied by such ahead-looking statements.
Even though ahead-looking statements contained on this e mail are primarily based upon what management of the enterprise believes are affordable assumptions, there can be no assurance that ahead-looking statements will show to be accurate, as real results and destiny occasions should vary materially from those expected in such statements. The corporation undertakes no obligation to replace forward-looking statements if circumstances or control’s estimates or reviews need to change. The reader is counseled no longer to place undue reliance on forward-looking statements.
