So Huobi seems to further invest into the crypto ecosystem with opening a new OTC trading platform that aims to compete with Localbitcoins. While LBC only offers Bitcoin, Huobi OTC already allows the peer-to-peer purchase of BTC, ETH, USDT, EOS and HT, while also offering zero transaction fees and 24 hour professional support. Payment opportunities include Bank transfer, Alipay, Wechat, PayPay, Western Union, SWIFT, PayNow, Paytm, QIWI, Interac e-Transfer, IMPS and UPI. Fees for BTC, ETH, USDT are 0 (maker and taker), while for the rest there is a 0.2% maker fee. This seems to be a highly competitive alternative to the rest.
Read our review here:
https://walletinvestor.com/magazine/what-are-otc-markets-and-where-to-find-them/
