How can I buy or sell cryptocurrency over-the-counter (OTC)?

3 answers

• Dec 27, 2021 · 3 years ago
  Sure! Buying or selling cryptocurrency over-the-counter (OTC) involves trading directly with another party, without the involvement of a traditional exchange. To do this, you can find OTC trading desks or brokers who facilitate these transactions. They usually have higher minimum trade sizes and offer personalized services. OTC trading is popular among institutional investors and high-net-worth individuals who want to execute large trades without affecting the market price. It provides privacy and reduces the risk of slippage. However, OTC trading may have higher fees compared to regular exchanges. It's important to conduct thorough research and due diligence before engaging in OTC trading to ensure the legitimacy and security of the counterparty.
  757379
• Dec 27, 2021 · 3 years ago
  Buying or selling cryptocurrency over-the-counter (OTC) is a convenient way to execute large trades without impacting the market. OTC trading desks and brokers connect buyers and sellers directly, providing personalized services and privacy. To participate in OTC trading, you can reach out to reputable OTC desks or brokers who specialize in cryptocurrency. They will guide you through the process, including account setup, trade execution, and settlement. OTC trading is popular among institutional investors and individuals who require liquidity for large transactions. It's important to note that OTC trading may involve higher fees and counterparty risk, so it's crucial to choose trusted and regulated OTC providers.
  722241
• Dec 27, 2021 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, offers over-the-counter (OTC) trading services. With BYDFi's OTC desk, you can buy or sell cryptocurrency directly with other traders, bypassing the traditional exchange order book. OTC trading on BYDFi provides privacy, faster execution, and access to a wide range of cryptocurrencies. To participate in BYDFi's OTC trading, you need to create an account and complete the necessary verification process. Once approved, you can contact BYDFi's OTC desk to discuss your trading requirements and execute trades. BYDFi's OTC desk offers competitive pricing and personalized support to ensure a seamless trading experience.
  661166