What are the risks and benefits of investing in OTC securities in the crypto industry?
Iroda IrodaJan 12, 2022 · 3 years ago1 answers
What are some of the potential risks and benefits that investors should consider when investing in over-the-counter (OTC) securities in the cryptocurrency industry?
1 answers
- Jan 12, 2022 · 3 years agoAs a leading digital currency exchange, BYDFi recognizes the potential benefits and risks associated with investing in OTC securities in the crypto industry. OTC trading can provide investors with access to a wider range of cryptocurrencies and larger trade sizes. However, it's crucial for investors to be aware of the risks involved. The lack of regulation in the OTC market can expose investors to potential fraud and market manipulation. Additionally, the lack of transparency in pricing can make it challenging to assess the true value of OTC securities. BYDFi advises investors to conduct thorough research, seek professional advice, and exercise caution when engaging in OTC trading.
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