What are the advantages of using OTC services for large cryptocurrency transactions?

3 answers

• May 05, 2022 · 3 years ago
  One of the advantages of using OTC services for large cryptocurrency transactions is the ability to execute trades without causing significant price fluctuations in the market. OTC desks provide liquidity and allow for the buying or selling of large amounts of cryptocurrency without impacting the overall market price. This is particularly beneficial for institutional investors or individuals looking to make substantial trades without affecting the market.
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• May 05, 2022 · 3 years ago
  Another advantage of OTC services is the increased privacy and security they offer. OTC trades are typically conducted off-exchange, which means that transaction details are not publicly visible on the blockchain. This can be advantageous for individuals or organizations that prefer to keep their trading activities private and reduce the risk of potential security breaches.
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• May 05, 2022 · 3 years ago
  At BYDFi, we understand the importance of OTC services for large cryptocurrency transactions. OTC desks provide a convenient and efficient way for traders to execute significant trades without impacting the market. With our OTC services, users can enjoy the benefits of increased liquidity, privacy, and security while conducting their transactions. Whether you're a seasoned investor or a beginner in the cryptocurrency space, our OTC services are designed to meet your trading needs.
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