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How do I purchase shares on Otis?

You can purchase shares of assets that are open for pre-sale or buy shares from other members with Otis Trading using the Otis app.

After you verify your account, you can purchase shares of assets that are open for pre-sale or buy shares from other members with Otis Trading using the Otis app on your mobile device. We don’t have a web platform for purchasing shares but we plan to offer this in the future. 

Pre-Sale: You can purchase shares through pre-sale, which is before an asset opens for trading. New assets typically open for pre-sale every Monday, Wednesday and Friday at noon eastern time. You can complete your purchase with a linked bank account or using your funded Otis cash account. These assets typically have a set share price at $10/share and are offered directly from Otis.

Trading: You can purchase shares from other Otis members by placing a “bid” or buy order with funds from your Otis cash account. Funds transferred to your cash account are typically available for use within 1-2 business days. There are no lock-up periods. Assets open for trading approximately 3-4 weeks after they fill in pre-sale.