How does crypto OTC trade work?

3 answers

• May 10, 2022 · 3 years ago
  Sure! OTC trading in the cryptocurrency market refers to the process of buying and selling digital assets directly between two parties, without the involvement of a traditional exchange. It is often used by institutional investors or high-net-worth individuals who want to execute large trades without causing significant price fluctuations. OTC trades are usually conducted through brokers or specialized OTC desks, where buyers and sellers negotiate the terms of the trade privately. The trades can be settled in various ways, such as through bank transfers or escrow services. OTC trading provides privacy, flexibility, and the ability to execute large orders without impacting the market.
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• May 10, 2022 · 3 years ago
  OTC trading is like a private transaction between two parties in the cryptocurrency market. It allows buyers and sellers to trade large amounts of digital assets without affecting the market price. OTC trades are usually facilitated by brokers or OTC desks, who connect buyers and sellers and help negotiate the terms of the trade. The trades can be settled through various methods, such as wire transfers or using a trusted third party as an escrow. OTC trading is popular among institutional investors and individuals who want to maintain privacy and execute large orders efficiently.
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• May 10, 2022 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, offers OTC trading services for its users. OTC trading allows users to buy or sell large amounts of digital assets without affecting the market price. BYDFi's OTC desk connects buyers and sellers, ensuring a smooth and secure trading experience. Users can negotiate the terms of the trade privately and settle the transactions through various methods, including bank transfers or using BYDFi's escrow services. OTC trading on BYDFi provides users with privacy, flexibility, and the ability to execute large orders efficiently.
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