Coinbase has unveiled the next phase of its OTC roll-out, and it shows where crypto trading is heading

Quick Take

  • Coinbase is bringing together its custody services and its OTC desk, allowing users to trade directly out of cold storage for the first time
  • The exchange says it will be “substantially more efficient” to trade, as well as more secure
  • Sources say the move is a big indicator about the future of trading in digital assets.
Coinbase is preparing to usher in a new era of crypto trading. The U.S. crypto exchange announced Wednesday that its OTC trading desk will now complete trades directly from cold storage, aiming to address concerns about moving funds out of custody to trade. The move means Coinbase Custody clients will no longer need to transfer […]

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