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Coincheck, which began operating its OTC service with Bitcoin (BTC) at the start of the month, now also offers Ethereum (ETH) and Ripple (XRP), the second and third largest cryptocurrencies by market cap respectively.
OTC desks offer specialized services for large-volume traders, allowing them to save on fees and skirt what would otherwise be considerable hurdles purchasing or selling major crypto investments via standard methods.
The feature has become popular among major exchanges worldwide, Cointelegraph previously reporting on their continued emergence despite the ongoing crypto bear market.
According to a blog post from Coincheck today, the
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