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Can I trade cryptocurrencies over-the-counter (OTC) on Fidelity?

avatarBonde GouldNov 25, 2021 · 3 years ago3 answers

Is it possible to trade cryptocurrencies over-the-counter (OTC) on Fidelity? How does the OTC trading process work on Fidelity? Are there any specific requirements or limitations for OTC trading on Fidelity?

Can I trade cryptocurrencies over-the-counter (OTC) on Fidelity?

3 answers

  • avatarNov 25, 2021 · 3 years ago
    Yes, you can trade cryptocurrencies over-the-counter (OTC) on Fidelity. OTC trading allows investors to buy or sell large amounts of cryptocurrencies directly with a counterparty, without going through a traditional exchange. This method is particularly useful for institutional investors or high-net-worth individuals who want to execute large trades without impacting the market. OTC trading on Fidelity provides privacy, price negotiation, and personalized service to meet the specific needs of individual traders.
  • avatarNov 25, 2021 · 3 years ago
    Absolutely! Fidelity offers OTC trading services for cryptocurrencies, allowing investors to trade digital assets directly with a counterparty. OTC trading provides several advantages, such as increased liquidity, reduced price impact, and the ability to execute large orders without affecting the market. Fidelity's OTC trading desk provides a secure and efficient platform for institutional investors and high-volume traders to access the cryptocurrency market.
  • avatarNov 25, 2021 · 3 years ago
    Yes, you can trade cryptocurrencies over-the-counter (OTC) on Fidelity. Fidelity's OTC trading desk, BYDFi, facilitates direct trades between buyers and sellers, providing a seamless and secure trading experience. OTC trading on Fidelity offers competitive pricing, fast execution, and personalized support for traders. Whether you're a large institutional investor or an individual looking to make a significant trade, Fidelity's OTC trading services can cater to your needs.