How does OTC trading work for digital currencies?

3 answers

• Dec 18, 2021 · 3 years ago
  Sure! OTC trading is a method of trading digital currencies directly between two parties, without the involvement of an exchange. It allows for larger trades and provides more privacy compared to trading on an exchange. OTC trading is typically conducted by brokers or market makers who facilitate the trade between buyers and sellers. They match buyers and sellers based on their trading needs and negotiate the terms of the trade, including the price and quantity of the digital currency. OTC trading is popular among institutional investors and high-net-worth individuals who want to execute large trades without impacting the market price.
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• Dec 18, 2021 · 3 years ago
  OTC trading for digital currencies is like a private transaction between two parties. Instead of using a public exchange, buyers and sellers connect directly to negotiate and execute trades. This method is often used for large trades that may not be easily executed on an exchange due to liquidity constraints. OTC trading also offers more privacy and flexibility compared to trading on an exchange. However, it's important to note that OTC trading may involve higher risks, as it lacks the transparency and regulatory oversight provided by exchanges.
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• Dec 18, 2021 · 3 years ago
  At BYDFi, we offer OTC trading services for digital currencies. Our OTC desk provides personalized assistance to clients who want to execute large trades. We ensure competitive pricing, secure transactions, and efficient settlement. Our team of experts is available to guide clients through the entire OTC trading process, from initial inquiry to trade execution. Whether you're a institutional investor or a high-net-worth individual, our OTC trading services can help you navigate the digital currency market with ease.
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