Hi;

The fees are ~7% depending on your card issuer's processing fees. We are currently rolling out an update and will have the service up again shortly!

Well that was an eventful 24hrs wasn't it? No surprises in today's market recap.

US:
80% buying volume, with strong volumes of USDT/C being bought in advance as 'dry powder' for any retrace.

EU:
Almost 100% buy side volume in amounts that exceeded the  month to date. 

Asia:
Heavy selling of #ETH for #BTC, buying of BTC and USDT/C for future entries.

IBIS Algo:
This remains in its long position and is now +39.7%

Good morning!

Here's our #Bitcoin #OTC trading recap for the past 24 hrs.

US:
Strong selling into the rally by individual traders offset by steady buying by our corporate/institutional clients.

EU:
Large buy side volume. Financial institutions were out in force buying each dip with no sellers in sight.

Asia:
Balanced two way flow, picking picking up throughout the day. Sellers began to come to the desk later in the day.

IBIS Algo:

This remains long and is +24%

Happy Friday crew;

Here's our BitcoinOTC recap for the past 24 hrs. This session was pretty muted till BTC broke its range and ran up the charts.

US:
Initial sell side volume, which flipped into heavy buying volume of both BTC and ETH. Sellers of USDC and USDT for BTC.

EU:
Heavy selling into the initial rally which flipped into buying once traders recognised that the $7.5K level was accepted by the market.

Asia:
Manic buying into the rally, yesterday saw our Asian desk more than double its MTD volume.

In other news our friends at Bloomberg released their Crypto Outlook Report for April 2020 which is jaw-droppingly bullish, get it here: https://ibisbrokers.com/app/uploads/2020/04/Bloomberg-Crypto-Outlook-April-2020.pdf 

IBIS algo:
This remains long and is +20.52%

You can follow our algo's live trades and updates on Twitter: @IBISBrokers and FB: https://www.facebook.com/IBISBrokers

You can buy that amount via our site with no verification here: https://ibisbrokers.com/buy-bitcoin-with-credit-card/

Our antifraud filters are nukeproof though, so if you're carding don't waste your time.

Good morning folks;

Here's our #BitcoinOTC recap for the past 24 hrs. As per the last trading sessions the current price action has put a damper on trading. If you're finding it as mind numbing as we are, remember, it's 4/20 all month.

US:
A light sell side volume into yesterday's rally which was offset by investors rotating out of XMR and into #BTC.

EU:
Slightly more buy volume than sell-side, albeit by a whisker.

Asia:
Significant buying of USDT and USDC with almost no BTC Volume.

IBIS algo:
This remains long and is +12.77%

You can follow our algo's live trades and updates on Twitter: @IBISBrokers and FB: https://www.facebook.com/IBISBrokers

Good morning all;

Here's the daily trading report from our OTC desk:

US

Very light sell side volume paired with buying of USDC. Overall our US clients seem to be sitting on the sidelines waiting for the market to move one way or the other.

EU

The day started off with a minor sell side trend, which, however switched to strong buy-side volumes, particularly by some of our larger clients who have traded some blocks which can only be described as eye-watering in size. Buy side volume in this market is now +90% for the month. 

Asia

Some minor selling into rallies, but much as per our US clients, our Asian traders are sitting on the sidelines waiting for the market to make its move first.


IBIS Algo

This remains long and is +10.79% in its current position.

You can follow our algo's live trades and updates on Twitter: @IBISBrokers and FB: https://www.facebook.com/IBISBrokers

Morning folks, here's our Bitcoin OTC market roundup for 4/20

USA:
Decent buy pressure for BTC paired with slightly more elevated buying of ETH, XMR. Strong USDC Volumes.

EU:
Light trading of all assets, with slightly more buying than selling pressure. ETH buy pressure outpacing BTC by a whisker.

Asia:
Very bland trading in USDC/T and BTC pretty much split 50-50 in buy/sell volume.

IBIS Algo:

This remains long and is +8.56% in its current position.

You can follow our live trades and updates starting as of this week on Twitter: @IBISBrokers and FB: https://www.facebook.com/IBISBrokers

Happy Friday guys;

Here's our #BitcoinOTC trading recap for the past 24 hours.

USA: Minimal buy side volume paired with strong profit taking once $BTC hit $7100. $ETH sellers came to the desk in force

Asia: Significant buy volume at $6500 which turned to sell side trading at the $7000 level. Our clients played this swing masterfully and are sitting in cash awaiting the next move.

EU: Significant demand for ETH, bargain hunting BTC buyers at the lower end of the day range.

EU cont. Buyers seeming much more bullish in the long term, with most not taking profits after the afternoon rally.

IBIS algo: Still long. Current position +14.26% profitable.

Good Morning Gents;

I just thought I'd share our daily OTC volume report to assist you in your trading decisions as well as a peek into our trading bot position (this is not available to the public but we're happy to publish its positions).

Asia:

Very little action, all clients seem to be sitting on the sidelines waiting for the market to move one way or the other. Some USDT and XMR volume but otherwise its tumbleweeds.


Europe:

Strong sell-side volume, whilst buyers are absent. Feedback from clients is that they're waiting for the markets to move downwards in order to accumulate lower.


US:

Slight increase in day on day volumes with very balanced interest. Overall interest is still ~30% of what it was last week.

IBIS Bot

The IBIS Bot is still long. Historical ROI is 5445% and current position is +9.85%

https://scontent.fmla1-2.fna.fbcdn.net/v/t1.0-9/93544799_142594403998422_5990440008719269888_o.png?_nc_cat=100&_nc_sid=2d5d41&_nc_ohc=sr_Khn-qiu4AX8ls77P&_nc_ht=scontent.fmla1-2.fna&oh=bd9baa650a3af572b49900279e109008&oe=5EBD39D8

Hi all;

Bruce from IBIS Brokers here. I've just taken on the role of head of trading for the OTC division, and I thought that I'd put together a short intro thread, as to date, we have only dealt with institutions and UHNWIs (due to our minimum trade size being €100K). Since taking over the position, I've reduced this level to €10K with smaller trades available for clients looking to run a test campaign and build trust in our processes.

Background wise, IBIS is a spinoff from ICO Launch Malta https://icomalta.com/, as, over the years the OTC business has outgrown the core tokenisation business. The company is regulated in the EU, and offers same-day settlement for trades of up to 300BTC (we stagger trades larger that size).

Our USPs are definitely our banking infrastructure, liquidity depth from mining pools, UHNWIs, family offices and a few old school whales and discreet, concierge level service.

You can always get in touch with us to set up a trade via our site http://ibisbrokers.com

Should you be looking for smaller amounts, we also offer an instant buy service via credit card with no verification required for trades of under €150: https://ibisbrokers.com/buy-bitcoin-with-credit-card/

I look forward to trading with you.

Bruce