10 Best Crypto OTC Desk Providers Specializing in High-Volume Asian Markets

There is a big demand for large-volume crypto traders & investors to have simple and reliable trading systems, and that demand is only increasing, particularly from Asia. Leading Best Crypto OTC Desk Providers Specializing in High-Volume Asian Markets are now servicing institutional clients and HNWIs.

Deep liquidity with a competitive edge & minimal settlement slippage are becoming the industry standards, however, the advantages these firms hold are seamless compliance &high-quality custody. This is making Asia the region of choice for large scale crypto transactional activity.

What Is OTC Desk

OTC (Over-The-Counter) Desks are services that allow different investors to negotiate over the selling and buying of large amounts of cryptocurrency without using public exchanges.

Unlike public exchanges, OTC Desks offer customized services and trading for large amounts of currencies, avoiding major changes in market value or appreciable loss to the trader.

They are used frequently by hedge funds, large investors, and other institutions that need to securely transfer large amounts of digital currencies.

In addition to trading, OTC Desks offer services such as regulatory capture, custodial services and settlement in legal tender, a service that has garnered OTC desks much trust in the cryptocurrency industry.

Key Points

OTC Desk	Headquarters / Region	Key Points / Features
OSL Group	Hong Kong	Licensed and regulated; deep liquidity for institutional clients; offers custody and brokerage services.
Matrixport OTC	Singapore	Institutional-focused OTC desk; supports fiat settlements; part of a larger crypto financial ecosystem.
HashKey Group	Hong Kong	SFC-regulated; strong presence in institutional Asia; supports multi-asset OTC trades.
Wintermute	Asia (Singapore hub)	Global market maker; provides OTC for crypto derivatives and large block trades; API liquidity access.
FalconX	Global (including Asia)	Institutional-grade OTC; deep liquidity; integration with multiple exchanges for best execution.
Genesis Trading	Asia (Singapore arm)	Large-scale OTC trading for institutions; reliable counterparty; supports multiple cryptocurrencies.
CoinDCX OTC	India	Focused on high-volume Indian trades; regulated; offers fiat-to-crypto OTC services.
Bybit OTC	Global (Asia-focused)	Supports large trades with deep liquidity; offers competitive spreads; API and OTC desk services.
Huobi OTC	Global (strong Asian presence)	Established exchange OTC desk; supports fiat on/off ramps; high liquidity and multiple token support.

1. OSL Group (Hong Kong)

OSL Group is one of the first crypto OTC desk providers in the high-volume Asian markets. Also is the most respected. With a head office in Hong Kong, OSL is licensed and regulated by the Hong Kong SFC and serves as a trusted OTC desk for institutional clients that need deep liquidity for Bitcoin, Ethereum, and key altcoins.

OSL is specialized in providing OTC trading, brokerage, and custody services and is well known for operational transparency and compliance, making OSL an excellent choice for hedge funds, family offices, and professional traders. OSL is a top crypto OTC desk in the high-volume Asian markets.

OSL GROUP, HONG KONG Features

1. Adrests regulatory compliance requirements with SFC, only, for instituitonal clients.
2. Sustains high liquidity for Bitcoin, Ethereum and other major altcoins.
3. Distribution of trader, broker, and custodian services.
4. Provides customized professional services and support for HNWI and insititutional clients.

Pros:

1. Sufficient regulatory compliance builds and strengthens the credibility.
2. High liquidity mitigates slippage for large volume unilateral trades.
3. Sufficiently secure integrated custody services.
4. Reputable for many years in Asia region.

Cons:

1. Little support for retail clients, primarily institutional focused.
2. Their regulatory compliance maintaining fees.
3. Some of their opponents remain the leaders of the Global market.
4. Very limited support for new, innovative, and altcoin investment.

2. Matrixport OTC (Singapore)

Based in Singapore, Matrixport OTC is a specialized crypto OTC desk serving the largest clients in the Asian markets. Matrixport OTC provides a unique offering, and is a specialist in serving institutions and affluent individuals, offering both deep liquidity and competitive spread.

The desk facilitates both fiat and stablecoin transactions, bridging the worlds of traditional FI and crypto. Thanks to the integrated crypto ocean Matrixport calls home (including lending, custody, and structure products), sizeable trades can be processed and settled in a seamless manner.

Recently, Singapore’s regulatory clarity has allowed Matrixport to exercise the operational freedom needed to develop a strong chunk of the desk in executing large. cross trades in Bitcoin, Ethereum and their respective stablecoins.

MATRIXPORT OTC, SINGAPORE Features

1. OTC desk for instituitonal clients subjected to Singapore MAS compliance.
2. Includes support for both Fiat and stablecoins during settlement.
3. Active participant in other crypto-assets financial service/systems (lending, custody).
4. Capable of managing large volume and/or sizable block trade transactions.

Pros:

1. Singapore regulation enhances credibility of services.
2. Provides ease of trade migration for clients.
3. Higher trading volume and lower price costs, thus stable trading liquidity.
4. Provides services to garnish other Matrixport integration.

Cons:

1. Retail clients do not have direct access.
2. This provider has less altcoin support than global providers.
3. Onboarding can take longer due to compliance.
4. The regional focus may constrain your ability to trade internationally.

3. HashKey Group (Hong Kong)

Headquartering from Hong Kong, HashKey Group is considered to be the ***finest crypto OTC desk able to serve high volume clients in the Asian markets***. Being one of the compliant and regulated entities by the SFC, HashKey Group is able to serve institutional clients like hedge funds and family offices.

The desk has a considerable depth of liquidity in all major cryptocurrencies and some smaller ones, offering the opportunity to execute large volume trades with minimal slippage.

In addition to OTC services, HashKey is one of the few firms to also offer custody and brokerage services to clients. Focused primarily in Asia, their institutional grade technology, compliance built processes, and connectivity to best in class local and global liquidity makes them one of the best firms to service large scale OTC trades.

HashKey Group (Hong Kong) Key features:

1. Over the counter (OTC) desk regulated by SFC in Hong Kong.
2. Good liquidity for Bitcoin (BTC) and Ethereum (ETH) and some altcoins.
3. Custody and brokerage services.
4. Focused on institutions and professional traders.

Pros:

1. Good compliance and regulation.
2. Efficient execution for large trades.
3. Assets are securely integrated in the custody.
4. Reputable among hedge funds and family offices.

Cons:

1. Reach is mainly in Asia.
2. Lack of altcoins compared to other providers.
3. High fees for large trades.
4. May have less convenient features for smaller clients.

4. Wintermute (Asia)

Wintermute has one of the strongest presences in Asia, making it one of the top crypto OTC desk providers specializing in the greater volume Asia markets. Wintermute, as a global market maker, provides institutional clients with deep liquidity for spot and derivative crypto trades. Its OTC desk facilitates large block trades, stablecoins, and altcoins with little slippage.

The Asian operations, typically based out of Singapore, allow for regulated execution and rapid settlement for large-volume clients. Wintermute also provides liquidity via API for clients with automated trading strategies, predominantly hedge funds and trading firms.

The overall professionalism and execution of trades has made Wintermute a favorable option in Asia’s institutional crypto marketplace.

Wintermute (Asia) Key features

1. Focus on Asia as part of global market maker.
2. Over the counter (OTC) desk for spot and derivative trades.
3. API for liquidity.
4. Enables large trades with minimal delay.

Pros:

1. Good liquidity and low prices.
2. Quick settlement for institutions.
3. OTC support for both spot and derivative trades.
4. Good service for hedge funds and trading companies.

Cons:

1. No support for retail clients.
2. Some jurisdictions in Asia are less certain.
3. Some up-and-coming tokens may not be backed.
4. Very few region-specific fiat on/off-ramps.

5. FalconX

FalconX is considered the top crypto OTC desk targetting the high-volume Asian markets and services global institutional clients with high liquidity and professional execution.

The desk combines liquidity from different exchanges and manages to give competitive prices from multiple sources for large trades from Bitcoin, Ethereum and other key crypto currencies.

FalconX services both spot and derivatives OTC transactions making it a suitable direxitons. The instutional desk has top tier trading apparatus, reporting and compliance fitting for high tier clients in Asia to efficiently manage large trades.

FalconX has become a top choice for hedge funds, asset managers and family offices thanks to his strong relations and transparency.

FalconX Key Features

1. Consolidates available liquidity from a host of exchanges.
2. Provides OTC transactions in both spot and derivatives.
3. Advanced institutional execution and reporting are available.
4. Serves clients from all over the world, Asia included.

Pros:

1. Large liquidity means minimal market impact.
2. Pricing is clear, and reporting is done professionally.
3. Able to manage and support high-volume transactions.
4. Trusted by many hedge funds and asset management firms.

Cons:

1. Small clients may be turned away due to the high minimum tradable size.
2. Designated for professionals, which makes the onboarding process cumbersome.
3. Variety in altcoins is less compared to others in the region.
4. Services offered to Asia may not be as comprehensive as local competitors.

6. Genesis Trading (Asia arm)

The Asia arm of Genesis Trading is a premier crypto OTC desk provider that has expertise in servicing the highest volume in the over-the-counter crypto markets in Asia. Genesis OTC desks service hedge funds, family offices, and professional traders that need high liquidity for executing Bitcoin, Ethereum, and stablecoin trades.

Genesis offers full service for the execution of block trades with high risk management, compliance, and reporting control. The Asia office usually located in Singapore, has the capacity to quickly and efficiently settle high volume trades.

With a strong reputation in the institutional trading markets, Genesis Trading offers professional crypto traders the ability to execute large crypto trades in an OTC manner without price impact to the market for immediate settlement of both cash and derivative trades.

Genesis Trading (Asia arm) Key Features

1. Asia-Pacific specific OTC desk (Singapore).
2. Supports block transactions for BTC, ETH, and stablecoins.
3. Provides risk management, compliance, and reporting support.
4. OTC Solutions are focused on institutions.

Pros:

1. Large-volume trades are executed with ease and reliability.
2. Compliance and regulatory support are some of the best.
3. Large-scale, and quick settlements are available for institutional clients.
4. Well-established in Asia and global markets.

Cons:

1. Access to retail customers is limited.
2. Compared to smaller desks, fees can be more significant.
3. There’s a lack of support for altcoins.
4. Requires institutional-level onboarding process.

7. CoinDCX OTC (India)

CoinDCX OTC is one of the best crypto OTC desk providers among the dominant Asian markets and is now domiciled in India. CoinDCX OTC serves institutions, family offices, and high-net-worth individuals who are trying to shift large positions in bitcoin, ethereum, and other assets.

The desk offers fiat-crypto conversion, offers high volume depth liquidity, and limited price slippage. CoinDCX OTC has placed great importance in building confidence and completing institutional trades by adhering to India’s regulatory requirements for crypto.

CoinDCX OTC is a trusted execution partner with active account management for trades requiring high discretion for Asian market clients.

CoinDCX OTC (India) Key Features

1. Indian OTC desk targeting larger-volume trades.
2. Allows fiat and crypto transactions.
3. Provides high liquidity for BTC, ETH, and some altcoins.
4. Follows Indian laws and regulations.

Pros:

1. Local regulations are strong.
2. Can carry out bulk trades for larger Indian institutions.
3. Clients and customers are assigned dedicated managers.
4. Prices for larger trades are more competitive.

Cons:

1. Only operates in Indian market.
2. Not much global presence.
3. Fewer coins and tokens supported than global desks.
4. May have some lengthy complications in onboarding institutions.

8. Bybit OTC

One of the largest crypto OTC desk providers focusing on the Asia region with premium, institutional-grade liquidity and execution speeds is Bybit OTC. This desk services considerable block Bitcoin, Ethereum, stablecoins, and specific altcoins with little to no slippage.

Bybit OTC is competitive, offers API execution, and is always on for account support, including for PLs and institutions. They use the Bybit infrastructure for efficient Asia region settlements and counterparty risk management, while also providing a good reputation for technology and a high volume trading system.

This is a desk of preference for numerous professional traders and institutions to get Over the Counter services when trading the Asia crypto market.

Bybit OTC Key Features:

1. Allows execution of sizable trades and has high liquidity.
2. Supports BTC, ETH, stablecoins, and some altcoins.
3. Bybit provides API execution to qualified clients.
4. Based in Asia and provides OTC services using Bybit services.

Pros:

1. Provides quick execution of trades.
2. Good for high-volume trades with narrower spreads.
3. Supports clients 24/7.
4. Provides good liquidity because of its Bybit exchange integration.

Cons:

1. Limited variety of altcoins.
2. Focuses more on institutional clientele.
3. Can be regulated differently depending on the area.
4. Less personal communication than other more specialized OTC desks.

9. Huobi OTC

As one of the leading providers of crypto OTC desks specializing in the Asian market, Huobi OTC is a segment of the larger Huobi Exchange. Huobi OTC facilitates institutional and high-net-worth individuals in performing fiat-crypto and crypto-crypto OTC trades.

Because of Huobi OTC’s strong liquidity in Bitcoin, Ethereum, and other major altcoins, large trades can avoid slippage. Huobi OTC is fast and professionally managed, and is especially compliant in Asian jurisdictions.

With a tremendous trading volume, the desk is able to seamlessly manage trades due to Huobi’s infrastructure and liquidity. OTC desks in the region are able to take advantage of Huobi OTC’s trade execution and security. That is why it’s one of the most top OTC desks in the region.

Huobi OTC Key Features:

1. Uses the Huobi exchange.
2. Supports fiat and crypto transactions.3. Allows cross-exchange trading to alter liquidity in the market.
3. Dedicated account managers for institutions.

Pros:

1. Minimal slippage due to high liquidity.
2. Global presence ensures stability.
3. Assists several fiat currencies for clients in Asia.
4. Excellent market reputation with high security.

Cons:

1. Customer base is mostly institutional, with limited options for retail clients.
2. Fees might be more expensive than some smaller desks.
3. Due to strict compliance, the onboarding process can be slow.
4. Little support for niche tokens.

Conclusion

In the developing Asian crypto market, institutional players and wealthy clients need OTC desks with deep liquidity, regulatory compliance, and professional trade execution.

OSL Group, Matrixport OTC, HashKey Group, Wintermute, FalconX, Genesis Trading, CoinDCX OTC, Bybit OTC, and Huobi OTC must be acknowledged for their abilities in handling large trade volumes quickly and safely.

These desks use advanced technology integrated with fiat on/off-ramps and customized services to circumvent slippage and ensure rapid settlement. For anyone in need of crypto liquidity and reliable peace of mind in terms of compliance, working with a reputable OTC desk in Asia.

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