Ethereum Price Getting Additional Boost from OTC Trading in Hong Kong

Ethereum, the world’s second largest Crypto coin by market cap after Bitcoin, has just received another boost in both popularity and usability — and, therefore, likely price as well.

Hong Kong-based trading house Octagon Strategy have just announced that Ethereum can now be traded over-the-counter through their OTC desk. Octagon Strategy say they cater to large-volume buyers like wealth managers, mining consortiums, other institutions, and family offices.

Beyond Etherum trading, Octagon Strategy also support trading in Bitcoin and Dash at the time of writing.

Octagon Strategy’s move is expected to further boost Ethereum’s price.

The price of Ethereum has risen from around $20 in early March to over $54 and is now trading at just under $50.

 

Leave a Reply