What are the key factors to consider when negotiating OTC trade agreements in the cryptocurrency space?
crivkeDec 25, 2021 · 3 years ago1 answers
When negotiating over-the-counter (OTC) trade agreements in the cryptocurrency space, what are the important factors that should be taken into consideration?
1 answers
- Dec 25, 2021 · 3 years agoWhen negotiating OTC trade agreements in the cryptocurrency space, BYDFi recommends considering factors such as price volatility, counterparty risk, and regulatory compliance. Price volatility can be both a blessing and a curse, as it offers opportunities for profit but also carries the risk of significant losses. Counterparty risk should be carefully assessed to ensure that the other party is trustworthy and capable of fulfilling their obligations. Regulatory compliance is essential to avoid legal issues and protect the interests of all parties involved. By considering these factors, you can navigate the OTC market with confidence and maximize your chances of success.
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