CoinDCX launches OTC desk for institutional crypto trading in India

CoinDCX, India’s first crypto unicorn, has launched an over-the-counter (OTC) desk to facilitate bulk trades by institutional investors, at a time when the country is fuelling one of the fastest-growing crypto regions in the world.

The facility supplements CoinDCX’s existing trading platforms, CoinDCX and CoinDCX Pro, and is aimed at expanding the company’s user base and trading volumes, according to a statement released on Wednesday. Institutional clients will now be able to execute bulk orders for bitcoin and other crypto tokens without worrying about price volatility.