A private OTC desk for Bitcoin, Ethereum, and alt coins — built for traders who move size and won't hand over custody to get it. Wyoming MSB-registered. Non-custodial by design.
We're not a custodian looking to add a trading desk. We're traders who understand wallets, private keys, and settlement risk — and built a desk around never asking you to give any of it up.
Firm quotes in minutes on majors and alt coins, with execution that keeps pace with the market you're actually trading in.
We route, we never hold. Assets move wallet to wallet — your private keys stay yours from first quote to final settlement.
One onboarding, cleared fast under our Wyoming MSB program — not a new review for every trade you place after.
Liquidity sourced across venues for BTC and ETH size, plus block liquidity in the alt coins most desks won't quote.
Same non-custodial settlement, same compliance rail — sized to how you trade.
Request a quote, get a firm price, settle same day — for size you need filled today, off the order book.
A dedicated trader works your fill across sources of liquidity — settlement structured around your custody setup, not ours.
No custody account to fund, no assets sitting on our balance sheet while you wait. Every trade settles directly between your wallet and the counterparty's.
Tell us the pair and size. We return a live, executable quote sourced across our liquidity network — no obligation until you accept it.
Wyoming MSB-compliant KYC/KYB, typically cleared same day. One onboarding covers every trade that follows.
Funds and assets move simultaneously between your address and the counterparty's. We broker the trade — never the custody.
"Non-custodial" means Limen OTC does not hold client private keys or digital assets at any point in the settlement process. Trades are brokered between counterparties' own wallets. Digital assets are volatile and speculative; trading involves risk of loss.
Live public market prices, refreshed automatically — every quote is firm and sized to your trade at the time you request it.
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OTC trading moves large crypto positions directly between two counterparties, off the public order book. Here is how the mechanism actually works — and why size is usually the reason a trade ends up there.
Every crypto trade eventually raises the same question: who holds the asset while it's in motion? Here is what the custodial and non-custodial models actually mean, and the tradeoffs each one carries.
Tell us the pair, the size, and how you'd like to settle. A trader from our desk will follow up directly — usually within the hour.
Limen OTC is a division of Limen Markets operating as a money services business registered in the State of Wyoming. Limen OTC is not a bank, broker-dealer, or investment adviser. Digital assets traded through the desk are not FDIC or SIPC insured, are not held in custody by Limen, and are volatile, speculative, and involve a high degree of risk, including the possible loss of your entire principal. Nothing on this page is an offer, solicitation, or recommendation to buy or sell any digital asset. All trades are subject to completion of onboarding and eligibility review. Live prices shown are sourced from public third-party market data for reference only and do not represent an executable quote.