What is the purpose of OTC funds in the KuCoin exchange?

3 answers

• Dec 15, 2021 · 3 years ago
  OTC funds in the KuCoin exchange serve as a platform for users to trade cryptocurrencies directly with each other, without the need for an intermediary. Unlike regular trading funds, OTC funds allow for more flexibility in terms of pricing and transaction volume. This can be particularly useful for large-scale traders who require higher liquidity and privacy in their transactions.
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• Dec 15, 2021 · 3 years ago
  The purpose of OTC funds in the KuCoin exchange is to provide a secure and efficient way for users to buy and sell cryptocurrencies. OTC funds allow users to directly trade with each other, which can result in faster transactions and potentially better prices. Additionally, OTC funds offer increased privacy compared to regular trading, as transactions are not visible on the public order book.
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• Dec 15, 2021 · 3 years ago
  In the KuCoin exchange, OTC funds play a crucial role in facilitating peer-to-peer cryptocurrency trading. OTC funds provide a platform for users to execute large trades without causing significant price fluctuations in the market. By matching buyers and sellers directly, OTC funds ensure that transactions are executed smoothly and efficiently. This feature is particularly beneficial for institutional investors and high-net-worth individuals who require large trading volumes.
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