How does OTC trading work for digital currencies like Bitcoin?

3 answers

• Feb 17, 2022 · 3 years ago
  Sure! OTC trading refers to the process of buying and selling digital currencies directly between two parties, without the involvement of a traditional exchange. Unlike regular exchange trading, OTC trading allows for larger transactions and provides more privacy. It is often used by institutional investors and high-net-worth individuals who want to execute large trades without impacting the market. OTC trading platforms connect buyers and sellers and facilitate the transaction process. These platforms typically require users to go through a verification process to ensure security and compliance. Overall, OTC trading offers a more personalized and flexible trading experience for digital currencies like Bitcoin.
  720360
• Feb 17, 2022 · 3 years ago
  OTC trading for digital currencies like Bitcoin works differently from regular exchange trading. In OTC trading, buyers and sellers negotiate directly with each other, often with the help of brokers or OTC desks. The trades are usually conducted off-exchange, which means they don't affect the market price. OTC trading is popular among institutional investors and large traders who want to execute large orders without causing significant price movements. It also offers more privacy and allows for customized trading terms. However, OTC trading may involve higher fees and counterparty risks compared to regular exchange trading.
  631211
• Feb 17, 2022 · 3 years ago
  At BYDFi, we provide OTC trading services for digital currencies like Bitcoin. Our OTC desk connects buyers and sellers and facilitates secure and efficient transactions. With BYDFi OTC trading, you can enjoy personalized support and competitive pricing for your digital currency trades. Whether you're a high-net-worth individual or an institutional investor, our OTC desk is designed to meet your trading needs. Contact us today to learn more about our OTC trading services.
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