Off exchange bulk deals

[lebing]

I remember there was a service that specialized in off exchange dealings for large buys and sells however for the life of me I can't remember it. Does anyone else know of a service like this that is based in either europe or the US?

Thanks

[michaelwang33]

If you are able to buy at least 25 BTC then you can use the second market investment trust. I think that you would probably need to keep your coins in the trust though.

I would imagine that they would have a similar minimum amount to sell them them, but I have not seen an official minimum for this.

[Bejkn]

OTC, never tried

[Mobius]

I remember there was a service that specialized in off exchange dealings for large buys and sells however for the life of me I can't remember it. Does anyone else know of a service like this that is based in either europe or the US?

Thanks

I think what you are looking for is Second Market. They allow investors to buy bitcoin with a min investment of $25,000. They obviously also need people to sell them bitcoin so you would need to sell at least that amount to them.

[titulng]

maybe you can try "dark pool trade" on lakebtc or bitfinex.

[Fray]

maybe you can try "dark pool trade" on lakebtc or bitfinex.

I don't think these exist as the bitcoin market is not large enough for these types of trades. I agree with mobius above that you should look to second market if you have the capital to trade ~25 BTC at a time at least. These trades would not directly hit the exchange and you would be dealing with a trusted party (IMO).

[lebing]

I talked with Second market and am frankly unimpressed. Their offers take into consideration market depth so there seems to be literally no reason to go with them. The entire point of going off exchange is to avoid liquidity issues.

[tooil]

I talked with Second market and am frankly unimpressed. Their offers take into consideration market depth so there seems to be literally no reason to go with them. The entire point of going off exchange is to avoid liquidity issues.

For large transaction, you will normally need to pay a premium for the service and the size.

[SanMerryDro]

maybe you can try "dark pool trade" on lakebtc or bitfinex.

I don't think these exist as the bitcoin market is not large enough for these types of trades. I agree with mobius above that you should look to second market if you have the capital to trade ~25 BTC at a time at least. These trades would not directly hit the exchange and you would be dealing with a trusted party (IMO).

Hit the market! and you can profit from it, it's the goal of trading.
To the moon will be true.