Huobi Pro launches OTC (Over the Counter) Platform (https://otc.huobi.pro/) on November 4, 2017. Trading fee on otc.huobi.pro is FREE for the first month from November 4th to December 4th,2017.
At otc.huobi.pro, people from different countries can exchange their local currency to bitcoins and other cryptocurrencies. The site allows users to post advertisements where they state exchange rate and payment methods for buying or selling cryptocurrencies. You reply to these advertisements and agree to meet the person to buy cryptocurrencies with cash, or trade directly with Alipay, Wechat and online banking. Cryptocurrencies are placed in our web wallet from where you can pay your cryptocurrencies purchases directly.
On otc.huobi.pro you are dealing with humans. This makes the process lean and fast, as there is no corporate overhead. You get your cryptocurrencies instantly. Also, otc.huobi.pro can support every payment method its user community supports. For every transaction, otc.huobi.pro offers escrow or transaction service to protect the buyer of cryptocurrencies.
Otc.huobi.pro will support more local currency and more cryptocurrencies in the very near future. Stay tuned!