Phemex Launches OTC Trading, Enables Crypto Purchase with Bank Transfers

By NewsBTC8 days ago


Phemex, the fastest crypto exchange and futures trading platform has introduced OTC Trading service in partnership with Legend Trading — a Silicon Valley-based, regulatory-compliant OTC trading service. With this new addition, users on Phemex can now safely buy and sell cryptocurrencies through USD wire transfer as well as other options, including credit cards and supported payment gateways.

Listening to the Crypto Community’s Needs

As a user-friendly crypto trading platform, Phemex is always receptive to the crypto community’s needs and demands. The latest exercise to expand its offering to include OTC Trading is a result of such commitment. The platform received multiple requests from the community to include OTC Trading, which encouraged Phemex to forge a partnership with a licensed Money Services Business (MSB) to provide a safe and convenient solution.

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