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How to Trade on the OTC Marketplace

What You Are Able to Do on the OTC Marketplace

The platform enables two primary functions:
  • Buy and sell your locked allocations instantly.
  • List buy and sell orders to get more allocations or get liquid.
For an allocation to be eligible for sale, OTC trading must be activated by the platform admin for the respective deal.

The OTC Fee

There is a fee associated with each trade. This fee is charged to the buyer of the allocation. The complete fee consists of:
  1. Escrow Fee: A fee that is freely chosen by the manager of a platform.
  2. Service Fee: A 2.5% fee by Spring on all OTC trades.

How Is the Fee Added?

The fee is added to the total sum of the buy order. This means that if a buyer wants to complete a 1000OTCtrade,thebuyerwillhavetopay1000 OTC trade, the buyer will have to pay 1000 + service fee to complete the purchase.