Save 50% on fees by buying and selling crypto via wire transfer. You get instant access to your cryptocurrency, and you don’t have to go through long wait times and hold periods like other online platforms.
Cryptocurrency Exchange Challenges
Cryptocurrency exchanges like Gemini and Coinbase give people the ability to buy crypto online, but they hold onto your funds for days or weeks before you can access it. They also require you to got throughs days, weeks, or months of “ramp up” periods where they limit how much you can buy. None of these challenges exist with us.
What are Over-the-Counter Crypto Sales?
Over-the-counter crypto sales allow you to buy and sell crypto via wire transfer with us, giving you instant access to your funds, with the ability to buy $100,000 per 24 hr period.
What are the Top Benefits of OTC Crypto Purchases?
The intimate nature of OTC trades provides several advantages.
- Rapid access: With high-value trades initiated on crypto exchanges, sourcing the necessary liquidity from multiple sellers or buyers takes time. In addition, there are wait times related to network speeds and account holds. OTC crypto sales enable immediate peer-to-peer transactions and quick access to funds after a confirmed transfer.
- Privacy: Since OTC crypto sales occur privately, price and volume data are not publicly available, lending greater anonymity to both parties.
- Reduced cost: Large trading value can significantly impact a crypto asset’s overall liquidity and price. Engaging in a private deal reduces slippage by mitigating additional losses due to price volatility caused by the trade.
- Fewer regulations: On-ramp exchanges must comply with fiat institutions, while OTC crypto sales remain fully decentralized, meaning crypto investors avoid regulations that induce friction, such as transaction size limits or account verification requirements.
Who Can Benefit from OTC Crypto Sales?
Anyone who would like to buy large quantities of crypto quickly.
*Not available to entities living or formed in New York, Alabama, Nevada, New Mexico, Alaska, Vermont, Arkansas, Ohio, Washington DC, and Washington. Due to FinCEN regulations for cryptocurrency exchanges, restrictions also exist for Money Service Businesses (MSBs).
How to Buy OTC Crypto from BTMmachines.com
First-time customers go through a three-step process when transacting over the counter. For every subsequent transaction, only the last two steps apply.
- Step 1: New BTMMachines customers must read, fill out, and sign an intake form. The form relays personal and business information necessary to initiate the OTC crypto sale.
- Step 2: Btmmachines.com will contact the customer to verify identity and provide/collect wire info.
- Step 3: Customers wire their USD or send their crypto once the quote is approved via live recorded via call.
Why BTMmachines.com?
In addition to our fleet of Bitcoin ATMs in select states throughout the US and the world, we allow customers to purchase cryptocurrency from us through a personalized OTC experience.
BTMMachines provides several additional benefits for customers wanting to make large private asset exchanges:
- Rapid and secure transfers: BTMMachines is licensed in 38 states and can offer simple, private, and fast crypto trading via ACH, wire transfer, or debit card.
- Access to 10+ cryptocurrencies: Exchange numerous tokens and coins, with easy access to popular crypto assets such as Bitcoin (BTC), Ethereum, Litecoin, Tether, or Dogecoin.
- Transparent, real-time currency rates: We will provide a quote of all fees and bid spreads on asset rates before the transaction is processed. All transfer receipts list the hash number where you can confirm the coin price used at the time of purchase.
- Low fees: Enjoy competitive rates on all OTC sales, with additional benefits for large capital transfers.
| tier | fee |
|---|---|
| $15,000-$50,000 | 50% Fee Discount |
| $51,000-$100,000 | 60% Fee Discount |
Personalized, White-Glove Service
As a US-based, fully-licensed money service business (MSB), we offer personalized assistance for each client. Experience rapid, cost-effective, and private trading with our hands-off OTC transfers.
| Personalized Service | Low Transaction Fees |
|---|---|
| Deal with a real person the entire time. | We have some of the lowest fees in the industry. |
| Every customer is assigned a member of our team who is available to guide them through the sales process and answer all their questions. | In addition, if their fee is lower than ours, we will match the rate of any other fully-licensed MSB compliant with US MSB law. |
| COMPETITIVE PRICING | Fully-Compliant Transacting |
|---|---|
| We source and screen our BTC and crypto supply from multiple providers worldwide. | We are fully licensed in 38 states and are compliant with the Bank Secrecy Act and all applicable US finance laws. |
| We give our customers the best price available for large purchases. | We can facilitate your transactions smoothly, securely, and professionally. |
OTC Crypto Sales FAQs
- Can I still make use of your BTM Kiosks to buy crypto?
Yes, customers can purchase up to $20k per day at our machines. - What are BTMmachines.com’s trading hours?
9 am-7 pm Eastern Standard Time (EST). - How long does it take for me to receive my crypto after the transfer?
As soon as the crypto hits your wallet, you have instant and unlimited access. If we send you money to liquidate your crypto, you will have access to your USD once the wire clears our bank account, based on your institution’s policies. - Can I transact anonymously?
Discreetly, yes. Anonymously, No. Every OTC transaction requires a thorough evaluation in compliance with US law; no transactions are permitted to be completed anonymously with us. However, all your information is kept strictly confidential and is not sold or shared with any third party except as required by US law. Trades are always placed to get the best price, and markets cannot inflate coin prices before you purchase.
OTC Crypto Sales with BTMmachines.com
Take advantage of OTC crypto sales through BTMmachines and our OTC trading desk. As your technical partner, you can make direct, anonymous, rapid, and low-impact trades for high-volume crypto assets with less slippage.
Get Started Today!
Buy and sell cryptocurrency immediately with our white glove OTC cryptocurrency program.
Complete our Customer Intake Form to start the intake process and prepare to make your first OTC crypto purchase.