Over-The-Counter (“OTC”) Function has launched on AENX!
We are thrilled to let you know AENX has launched the Over-The-Counter (“OTC”) trading capabilities!
Trade larger block-orders with other counterparties causing less market impact, or earn commissions as a broker to “Match” trades for two willing counterparties!
Using the AENX OTC functions are simple:
To cross trade orders directly as a trading counterparty
You can either be a creator of an offer (to buy/sell an asset pair e.g. BTC/USDT) or a receiver of such an offer. To CREATE offers, visit “DIRECT ORDER” under the OTC module of AENX and indicate your (i) trade action (Buy/Sell), (ii) quantity, (iii) duration of your open offer before it expires (in days), and (iv) the counterparty code or email of the party to receive your offer. Share the generated QR Code with your known counterparty to inform them of the open offer so that they can visit AENX to receive the offer and accept the opposite leg of the trade. Additionally, the receiving counterparty shall receive a notification email prompting him/her to complete the transaction.
To match trade orders as a broker between two counterparties
You can visit “MATCH ORDER” under the OTC module and input the trade indications of two known counterparties. You will need to provide either the “Counterparty Code” or user email of both counterparties, and they will be notified of the transaction status along the way.
Check it out: https://aenxchange.com/otc/intro
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