Automated OTC buying and selling now obtainable on Kraken Custody

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Automated OTC buying and selling now obtainable on Kraken Custody


Seamless institutional entry to the digital asset class 

Institutional purchasers can now safely retailer, handle, switch and commerce immediately inside Kraken Custody.* Our totally built-in expertise allows establishments to execute shortly and scale methods backed by Kraken Custody’s cutting-edge safety protocols and coverage enforcement.

Safe digital asset storage and automatic OTC buying and selling in a single interface

Kraken Custody gives safe digital asset storage together with direct market entry through the Kraken OTC desk’s request-for-quote (RFQ) buying and selling function.** RFQ is a completely automated, self-service system that permits purchasers to execute OTC trades in seconds utilizing the funds of their Kraken Custody vault.  

RFQ is accessible to custody purchasers which have onboarded with the OTC desk. Kraken OTC purchasers additionally get 24/7/365 entry to talk buying and selling companies for white-glove, customized service. Study extra about Kraken OTC companies.

As all the time, Kraken Custody purchasers are just one fast, safe switch away from Kraken trade for market-leading liquidity and institutional-grade merchandise.

How automated buying and selling on Kraken Custody works

RFQ provides purchasers 24/7/365 entry to on the spot, large-lot pricing and execution. Buying and selling OTC with RFQ is a quick and simple approach to execute $100,000+ trades immediately. 

Purchasers can tailor vault insurance policies and person controls to go well with their necessities. RFQ entry, tradable property and most commerce quantities by vault will be custom-made as wanted. As soon as RFQ is enabled and controls are set, the RFQ tab will seem for specified vault customers. 

Execute a commerce in 3 easy steps:

  1. Choose the pair you’d like a quote for and point out whether or not it’s a purchase or a promote order.
  2. Enter the asset amount or USD quantity to commerce.
  3. Click on “Get quote” to immediately obtain an executable quote. Settle for the quote to execute the order. 

Entry top-traded property

Kraken Custody helps BTC, ETH and USDC (ERC-20) storage and automatic OTC buying and selling. Vault insurance policies and person roles decide which digital property will be traded over RFQ.

Digital property are totally segregated and safeguarded by cutting-edge controls

We’re proud to supply Kraken Custody by Kraken Monetary, a U.S.-based, state-chartered financial institution that holds purchasers’ digital property separate from the Kraken trade.

Kraken Monetary affords a well-recognized construction for purchasers coming from conventional finance trying to enter the digital asset class, with the protection and safety they anticipate from a regulated monetary establishment.

Present institutional purchasers can attain out to their Account Supervisor to be taught extra about Kraken Custody and the way to allow RFQ. 

* Custody companies offered by Kraken Monetary, a Wyoming-chartered Particular Goal Depository Establishment. Kraken Monetary shouldn’t be an FDIC-insured financial institution and deposits are neither insured by nor topic to the protections of the FDIC.

** OTC companies offered by Kraken OTC. RFQ is barely obtainable to Kraken OTC purchasers. Present institutional purchasers can attain out to their Account Supervisor to onboard with Kraken OTC. 

These supplies are for basic data functions solely and are usually not funding recommendation or a suggestion or solicitation to purchase, promote, stake or maintain any cryptoasset or to interact in any particular buying and selling technique. Kraken doesn’t and won’t work to extend or lower the worth of any specific cryptoasset it makes obtainable. Some crypto merchandise and markets are regulated and others are unregulated; regardless, Kraken might or might not be required to be registered or in any other case authorised to offer particular services and products in every market, and also you might not be protected by authorities compensation and/or regulatory safety schemes. The unpredictable nature of the cryptoasset markets can result in lack of funds. Tax could also be payable on any return and/or on any enhance within the worth of your cryptoassets and it’s best to search unbiased recommendation in your taxation place. Geographic restrictions might apply. See Authorized Disclosures for every jurisdiction right here.

This communication is directed at funding professionals, excessive web price corporations and associations, and different related establishments to whom an invite to interact in funding exercise might lawfully be communicated. This communication is directed solely at such individuals and should not be acted on or relied on by different individuals.

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