Matrixport APP launches OTC services, supporting USD, USDT, and USDC trading

ChainCatcher news, financial services platform Matrixport announced the integration of Fly Wing Technologies Pte Ltd ("Fly Wing")'s OTC services into its APP, providing a one-stop cryptocurrency trading experience. All accounts certified by Matrixport must complete Fly Wing's eKYC process to access its OTC services.

Unlike traditional C2C services, Fly Wing's OTC services facilitate fund transfers through bank transfers with partner banks, ensuring asset security and transaction transparency. This service combines compliance and convenience, aiming to lower the barriers for traditional financial investors to enter the cryptocurrency market. Currently, the OTC functionality only supports trading in USD, USDT, and USDC.