US: Coinbase Custody Successfully Completes Its First OTC Crypto Trade From Cold Storage

Bitcoin Exchange Guide

A new era in crypto trading is about to begin. Coinbase Custody has just completed its first over the counter (OTC) trade directly from cold storage. If you understand a lot about trading, you will know that this is a huge deal. The San Francisco-based company, which announced the feat on its blog recently, said that the trade occurred after the integration between the OTC desk and Coinbase Pro. Before that, the company had to take the assets from cold storage before trading them, which could make the client lose from 24 to 48 hours only for the withdrawal part.

image via Shutterstock

Read More

Follow us on: