What are the options for trading digital currencies over-the-counter on Fidelity?

3 answers

• Dec 26, 2021 · 3 years ago
  Over-the-counter (OTC) trading on Fidelity allows investors to trade digital currencies directly with each other, without the need for a centralized exchange. This type of trading offers several advantages, including increased privacy, larger trade sizes, and the ability to negotiate prices. However, it also comes with some disadvantages, such as the potential for higher fees and the need to find a counterparty willing to trade at the desired price. Overall, OTC trading on Fidelity provides an alternative option for investors who prefer to trade digital currencies in a more private and customizable manner.
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• Dec 26, 2021 · 3 years ago
  When it comes to trading digital currencies over-the-counter on Fidelity, you have the flexibility to negotiate directly with other investors. This means that you can potentially get better prices or execute larger trades compared to trading on traditional exchanges. However, it's important to note that OTC trading may not be suitable for all investors, as it requires a certain level of expertise and understanding of the market. Additionally, OTC trades on Fidelity may have higher fees compared to trading on exchanges, so it's important to consider the costs involved before engaging in OTC trading.
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• Dec 26, 2021 · 3 years ago
  BYDFi, a leading digital currency exchange, offers over-the-counter trading options on Fidelity. With BYDFi, investors can access a wide range of digital currencies and trade directly with other investors. OTC trading on BYDFi provides the benefits of increased privacy, larger trade sizes, and the ability to negotiate prices. However, it's important to note that OTC trading may not be suitable for all investors, as it requires a certain level of expertise and understanding of the market. Additionally, OTC trades on BYDFi may have higher fees compared to trading on exchanges, so it's important to consider the costs involved before engaging in OTC trading.
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