OTCBTC Exchange offers a seamless over-the-counter (OTC) trading experience for purchasing USDT. This guide walks you through two primary methods: direct order purchases and advertisement-based purchases.
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Method 1: Direct Order Purchase
Direct purchases skip advertisement fees and extra charges.
Step-by-Step Process
- Log in and select USDT from the dropdown menu.
- Browse ads filtered by lowest price or highest seller credibility. Click Buy on a suitable ad.
- Enter your fiat amount or desired USDT quantity. Confirm details and check the agreement box. Click Buy Now.
- Communicate with the seller via chat to confirm payment readiness.
- After transferring funds, click Mark Payment Complete.
- Once the seller releases USDT, the transaction concludes.
- Rate the seller and submit feedback.
Note: Funds will reflect in your USDT wallet under My Wallet.
Method 2: Advertisement-Based Purchase
Option A: Standard Ad
- Click Post Standard Ad → Select Buy USDT and choose your fiat currency.
- Set a price premium (e.g., −5% below market rate) or a maximum acceptable price.
- Specify payment methods and transaction limits (min/max USDT per trade).
- Add trade instructions and auto-reply messages for sellers.
- Limit concurrent orders (e.g., 3) to manage workflow.
- Click Publish Ad and share the link with sellers.
Option B: Bulk Trade Ad
- Validity: 8 hours | Fees: Transaction-only (no ad fee).
- Navigate to Post Bulk Trade Ad.
- Enter fixed-price details (prices remain static post-publication).
- Verify and publish. Ads appear in the bulk-trade section.
FAQs
1. Is OTC trading safe on OTCBTC?
Yes. The platform screens sellers for credibility, and escrow protects both parties.
2. What if my payment isn’t marked complete?
Contact the seller immediately. Delays may require customer support intervention.
3. Can I cancel a published ad?
Yes. Standard ads must be taken down before editing. Bulk ads expire after 8 hours.
4. How are transaction fees calculated?
Bulk trades incur fees post-success; standard ads have no extra costs.
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Disclaimer: This guide is informational. Cryptocurrency investments carry risks—research thoroughly before trading.