Cryptocurrency Q&A
What is OTC trading crypto?
What is OTC trading crypto?
Leonardo
Fri Jul 12 2024
|
5 answers
994
Could you please elaborate on the concept of Over-the-Counter (OTC) trading in the context of cryptocurrencies? As a financial practitioner, I'm curious to understand how it differs from traditional exchange-based trading. Does OTC trading involve direct negotiations between buyers and sellers? How does it facilitate large transactions while maintaining privacy and security? What are some of the key benefits and challenges associated with OTC crypto trading? Your insights would be invaluable for those seeking to navigate this aspect of the cryptocurrency market.
5 answers
Caterina
Sun Jul 14 2024
OTC exchange trading, standing for Over-the-Counter trading, represents a significant share of the cryptocurrency trading volume, rivaling that of traditional crypto exchanges.
Was this helpful?
173
47
Elena
Sun Jul 14 2024
However, due to the rigorous measures employed by these desks to safeguard client confidentiality, precise figures regarding their trading volume remain undisclosed.
Was this helpful?
348
24
SakuraWhisper
Sun Jul 14 2024
The workings of OTC trading crypto involve direct negotiations between two parties, often bypassing public order books and traditional exchange platforms.
Was this helpful?
64
94
Riccardo
Sat Jul 13 2024
This allows for more flexibility and privacy in trading, as well as the potential for larger transactions without affecting market prices.
Was this helpful?
103
55
Sofia
Sat Jul 13 2024
BTCC, a UK-based cryptocurrency exchange, offers a range of services including spot trading, futures trading, and digital wallet management. With these comprehensive offerings, BTCC caters to a wide range of traders and investors in the cryptocurrency market.
Was this helpful?
306
40
