OTC Trading Process Guide for Hong Kong CEO Exchange

Introduction

OTC (Over-The-Counter) trading on Hong Kong CEO Exchange allows users to buy/sell cryptocurrencies directly with merchants. This guide details the step-by-step workflow for seamless transactions.

Buying Cryptocurrencies via OTC

Step 1: Registration & Verification

• Sign up on CEO Exchange and complete real-name authentication.

Step 2: Navigate to OTC Marketplace

1. Click "OTC Trading" to access the marketplace.
2. Browse merchant ads and select your desired currency pair (e.g., QC/USDT).
3. Click "Buy" and enter the purchase amount.

Step 3: Confirm Order Details

• Verify the transaction amount and payment details.
• If the merchant doesn’t accept the order within 5 minutes, the order cancels automatically.

Step 4: Complete Payment

• After merchant acceptance, pay within 15 minutes via their preferred method (bank transfer/Alipay/WeChat Pay).
• Critical: Include the "payment note" provided by the merchant.
• Click "Mark as Paid" once payment is sent.

Step 5: Receive Cryptocurrency

• The merchant releases funds upon payment confirmation.
• If coins aren’t received within 10 minutes, click "Request Arbitration" and contact support.

Step 6: Asset Transfer

• Post-trade, transfer QC to your Spot Account via "Asset Swap" for trading.

👉 Explore secure OTC trading now

Selling Cryptocurrencies via OTC

Step 1: Bind Payment Methods

• Under "Payment Settings", link your Alipay/WeChat/bank details.

Step 2: Transfer QC to OTC Account

• From "My Assets", move QC from Spot to OTC Account.

Step 3: Initiate Sale

1. Click "Sell QC", choose a merchant, and confirm the order.
2. Wait for the buyer’s payment.

Step 4: Confirm Receipt

• Upon receiving payment, manually confirm within 10 minutes to avoid arbitration.

FAQs

Q1: Is OTC trading safe on CEO Exchange?
A: Yes. Merchants undergo ID + video verification and lock保证金 as collateral.

Q2: What if my payment is late?
A: Orders auto-cancel after 5 minutes of inactivity.

Q3: How long does asset transfer take?
A: Instant for QC→Spot transfers.

Q4: Can I use credit cards for OTC?
A: No. Only bank transfers/Alipay/WeChat Pay are supported.

Q5: What’s the transaction fee?
A: 0.1% for most pairs; discounts available for high-volume traders.

👉 Start trading with trusted merchants

Key Takeaways

• Verify merchants via dual authentication.
• Adhere to timelines (15-minute payment/10-minute arbitration).
• Always confirm receipt to finalize sales.