How do over the counter transactions work for buying and selling cryptocurrencies?

5 answers

• Hu GarciaApr 06, 2022 · 3 years ago
  Sure! Over the counter (OTC) transactions in the cryptocurrency world refer to trades that occur directly between two parties, without the involvement of a centralized exchange. OTC transactions are usually conducted by large institutional investors or high-net-worth individuals who want to buy or sell large amounts of cryptocurrencies. These transactions are often facilitated by OTC desks or brokers who match buyers and sellers. OTC trading offers several advantages, such as increased privacy, reduced price slippage, and the ability to execute large trades without impacting the market. However, OTC transactions may involve higher fees and counterparty risk compared to regular exchanges.
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• Marciano VillacortaJul 07, 2025 · 16 days ago
  Over the counter transactions for buying and selling cryptocurrencies work differently from regular exchanges. Instead of using a centralized exchange platform, OTC transactions involve direct trades between two parties. This method is often used for large-volume trades and is popular among institutional investors. OTC transactions can be facilitated by OTC desks or brokers who connect buyers and sellers. The advantage of OTC trading is that it allows for greater privacy and the ability to negotiate prices. However, it's important to note that OTC transactions may come with higher fees and counterparty risk.
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• Hess HvidJun 24, 2022 · 3 years ago
  When it comes to over the counter transactions for buying and selling cryptocurrencies, BYDFi is a popular platform that offers OTC trading services. With BYDFi, users can directly connect with other traders to negotiate and execute trades outside of the regular exchange. This allows for greater flexibility and privacy in transactions. However, it's important to note that OTC transactions may involve higher fees and require a higher level of trust between the parties involved. It's always recommended to do thorough research and due diligence before engaging in OTC trading.
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• Mohamed Reda Eddakkaoui AazibAug 30, 2020 · 5 years ago
  Over the counter transactions in the cryptocurrency market work differently from regular exchanges. Instead of using a centralized platform, OTC transactions involve direct trades between two parties. This method is often used for large trades and offers greater privacy and flexibility compared to regular exchanges. OTC transactions can be facilitated by brokers or OTC desks who match buyers and sellers. However, it's important to note that OTC transactions may come with higher fees and counterparty risk. It's always advisable to carefully consider the risks and benefits before engaging in OTC trading.
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• D. RicoSep 06, 2024 · a year ago
  Over the counter transactions for buying and selling cryptocurrencies are a way to trade directly with another party without using a centralized exchange. This method is often used for large trades and offers greater privacy and flexibility. OTC transactions can be facilitated by brokers or OTC desks who connect buyers and sellers. However, it's important to note that OTC transactions may come with higher fees and counterparty risk. It's always recommended to thoroughly research and understand the process before engaging in OTC trading.
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