Bitmesh — OTC Trading

In the past, the securities and stocks are the hot topics for investors. With the development of blockchain and technology, the trading of cryptocurrency is frequent and popular. The investors begin to talk about Bitcoin, Ethereum, Litecoin, etc. People’s enthusiasm in investing cryptocurrencies is just like a raging flames.

Now that we want to invest in cryptos, we need to buy the cryptos firstly. So here comes to the question, how to buy cryptos with fiat? It seems not easy to buy cryptos like shopping? However, if you login the trading platform for cryptocurrencies, you will find it is so easy and convenient to buy and sell cryptos.

You can buy and sell cryptos (such as Bitcoin, Ethereum, Bitcoin Cash, Litecoin, etc.) with fiat (such as INR, USD, CNY, etc.) on the OTC page of Bitmesh Trading Platform.

Let’s see how to operate.

On the OTC page of Bitmesh Trading Platform, you can buy directly from the open orders listed by sellers (similar to Amazon), please select the right seller. If you cannot find the right seller to trade, you can post a trade yourself as well to wait for the seller.

Okay, I find a right seller to buy directly.

Please select the seller who is online and has passed the KYC verification to ensure the transaction is timeliness and secure.

Enter the purchase amount or value.

After you click the “Buy” button, the order is created. Please pay fiat within limited time and click “I’ve Paid” button upon payment.

Here is the OTC, which means the payment of fiat does not go through Bitmesh Platform. You can see the payment method, payment account and QR code of the seller, and you can transfer the fiat to the seller directly by corresponding payment method. Upon payment, click the “I’ve Paid” button directly on Platform. The Platform will inform the seller the check his fiat account. Once the seller confirms receipt of payment, the Platform will release the cryptos to you directly.

As you can see, the operation mode is Bitmesh Platform plays the role of cryptos escrow, the buyer and seller transfer fiat through immediate payment method.

Some users may be afraid that what if the buyer does not pay but click “I’ve Paid” button maliciously? What if the seller has received payment but does not release cryptos? You can contact with the counterparty online, also you can appeal on this Platform, and our client service will deal with the issue for you right away.

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