OTC BTC/USDT Exchange in Hong Kong

[BlackRose]

Hello there,

Anyone knows any crypto exchange or any connections in HK, which accepts Hong Kong Bank Transfers and provide crypto?

 

[MM1818]

Hello BlackRose,

I'm actually looking for an opposite direction trade. Lets talk it over.

 

[drillbill]

There are lot's of threads on OCT

Post in thread 'Cash to crypto'

Oct 23, 2024

Yes these services are called crypto otc desks .
https://crybex.com/en/?rid=75&cur_from=CASHEUR&cur_to=BTC&city=ROME Reviews : https://www.bestchange.com/crybex-exchanger.html
https://001k.exchange/ru?cur_from=casheur&cur_to=btc&city=rome Reviews : https://www.bestchange.com/001k-exchanger.html
Also do your own due diligence .

• aniglo22

• 

M

Thread 'Crypto high 6 fig with no source of funds no tax returns looking to offramp'

Dec 24, 2024

Hello!

I have high 650k in crypto looking to eventually offramp to bank and more traditional investments. Eventually but a house in Spain.

My initial source of funds came from recieving payments in crypto from poker winnings (prof poker player for 15 years) from 2017-2020. No receipts. Played on Chinese apps and the guy paid me on Sundays via BTC and later on usdt.

That was just a few k, my portfolio was 30k at the end of 2020 and made up to 650k in these 4 years in crypto (trading, farming, airdrops, all over defi...).

I never paid taxes on the money, not on my poker days, not on...

• MrTambourineBTC
• Replies: 164
• Forum: Tax, Accounting, Licensing & Legal

• 

 

[MM1818]

There are lot's of threads on OCT

Post in thread 'Cash to crypto'

Oct 23, 2024

Yes these services are called crypto otc desks .
https://crybex.com/en/?rid=75&cur_from=CASHEUR&cur_to=BTC&city=ROME Reviews : https://www.bestchange.com/crybex-exchanger.html
https://001k.exchange/ru?cur_from=casheur&cur_to=btc&city=rome Reviews : https://www.bestchange.com/001k-exchanger.html
Also do your own due diligence .

• aniglo22

• 

M

Thread 'Crypto high 6 fig with no source of funds no tax returns looking to offramp'

Dec 24, 2024

Hello!

I have high 650k in crypto looking to eventually offramp to bank and more traditional investments. Eventually but a house in Spain.

My initial source of funds came from recieving payments in crypto from poker winnings (prof poker player for 15 years) from 2017-2020. No receipts. Played on Chinese apps and the guy paid me on Sundays via BTC and later on usdt.

That was just a few k, my portfolio was 30k at the end of 2020 and made up to 650k in these 4 years in crypto (trading, farming, airdrops, all over defi...).

I never paid taxes on the money, not on my poker days, not on...

• MrTambourineBTC
• Replies: 164
• Forum: Tax, Accounting, Licensing & Legal

• 

Hi, thanks for the reply!
Yeah I've checked most of bestchange.com OTC desks - the majority of them are from RU and UA and the rates are not too favourable , at least on my direction - USDT -> wire transfer on corporate bank account goes up to 2-5%. And I'm not in a high risk business to afford that, unfortunately

Amy other recommendations ? Would be grateful

 

[Freetrade]

I saw a few OTC desks in HK when I was there , otherwise localcoinswap.

 

[MM1818]

I saw a few OTC desks in HK when I was there , otherwise localcoinswap.View attachment 9091

These rates were for BUY, not for SELL. And take a look at these spreads. 5%!

 

[aniglo22]

https://www.onesatoshi.hk/ (0.3% for stable coins )
https://vbotc.com/
https://www.otcxpert.com/en/
https://168otc.com/en/#rate
https://www.ppcryptoexchange.com/

 

[MM1818]

https://www.onesatoshi.hk/ (0.3% for stable coins )
https://vbotc.com/

Thanks for the feedback @aniglo22
I've been there couple of days ago : they don't offer trades with business accounts - only individual

 

[aniglo22]

Thanks for the feedback @aniglo22
I've been there couple of days ago : they don't offer trades with business accounts - only individual

You could try :
https://legendtrading.com/
https://www.osl.com/hk-en/otc

 

[MM1818]

Yeah I guess I'd rather wait for some counter direction flow (someone who needs USDT in exchange for the wire transfer from his corporate account) - that way both me and the sender can save money on ridiculous spreads and avoid the middlemen.
And in regards to the escrow you recommend this website service?

 

[Freetrade]

These rates were for BUY, not for SELL. And take a look at these spreads. 5%!

???
OP wants to buy crypto.

Oh..I see you bumped an old post.

 

[Freetrade]

These rates were for BUY, not for SELL. And take a look at these spreads. 5%!

You can't pay 3% bro?
Good luck finding better. It is simply not worth trading for any less of a markup.

 

[drillbill]

https://legendtrading.com/

I'm looking to buy crypto from an offshore jurisdiction, so I can't use Kraken or any of the major exchanges. How's the one you mentioned here, do you have actual experience with them, or was it just something you found on Google?