What are the advantages of using OTC trading for buying cryptocurrencies?

3 answers

• Dec 26, 2021 · 3 years ago
  One of the advantages of using OTC trading for buying cryptocurrencies is the ability to execute large trades without impacting the market. OTC trading allows buyers and sellers to transact directly with each other, bypassing the traditional exchange order book. This means that large orders can be filled without causing significant price movements. Additionally, OTC trading offers increased privacy and security compared to trading on public exchanges. Transactions are typically conducted off-exchange, reducing the risk of hacking or theft. OTC trading also provides access to a wider range of cryptocurrencies, including those that may not be listed on public exchanges.
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• Dec 26, 2021 · 3 years ago
  OTC trading can be particularly beneficial for institutional investors and high net worth individuals who require large liquidity and minimal slippage. By using OTC trading, these investors can access deep liquidity pools and negotiate favorable prices directly with market makers. This can result in better execution prices and lower transaction costs compared to trading on public exchanges. Furthermore, OTC trading platforms often provide personalized support and tailored solutions for institutional clients, making the trading process more efficient and convenient.
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• Dec 26, 2021 · 3 years ago
  At BYDFi, we understand the advantages of OTC trading for buying cryptocurrencies. OTC trading allows for seamless execution of large trades, ensuring minimal impact on the market. It also provides enhanced privacy and security, as transactions are conducted off-exchange. Additionally, OTC trading platforms offer access to a wide range of cryptocurrencies, allowing investors to diversify their portfolios. Whether you're a retail investor or an institutional client, OTC trading can offer numerous benefits for buying cryptocurrencies.
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