# OTC Trading

## What you are able to do on the OTC marketplace <a href="#h_363578c38b" id="h_363578c38b"></a>

* Buy and sell your locked allocations instantly.
* List buy and sell orders to get more allocations or get liquid.

{% hint style="info" %}
For an allocation to be eligible for sale, OTC trading must be activated by the platform admin for the respective deal.
{% endhint %}

## The OTC fee <a href="#h_7c5f95d543" id="h_7c5f95d543"></a>

There is a fee associated with each trade. This fee is charged to the buyer of the allocation.

The fee for completing an OTC trade is the total fee of:

* The escrow fee: A fee that is freely chosen by the manager of a platform.
* The service fee: A 2.5% fee by Spring on all OTC trades.

## How is the fee added? <a href="#h_6e3619c029" id="h_6e3619c029"></a>

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

[**OTC Trading Tutorial** ](https://help.spring.net/en/articles/8337547-otc-trading-101)**- a video guide on how to use OTC on Spring Platform**

<div data-full-width="false"><figure><img src="https://3647288832-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F4WkiD9SmHK2os2wWA416%2Fuploads%2FJvgvIkssZFvCYB7Oc6yR%2Fimage.png?alt=media&#x26;token=adc6b87f-1665-44ec-8001-f386c76b8c78" alt=""><figcaption><p>OTC Dashboard</p></figcaption></figure></div>

<div data-full-width="false"><figure><img src="https://3647288832-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F4WkiD9SmHK2os2wWA416%2Fuploads%2FNThL0xAQtLPuP8mb56R4%2Fimage.png?alt=media&#x26;token=1615e6b8-862b-4ac3-b847-6a5b349f1ff5" alt=""><figcaption><p>How it looks when placing a buy/sell order.</p></figcaption></figure></div>