How does US OTC trading differ from traditional cryptocurrency exchanges?

3 answers

• Springs StreetMar 03, 2024 · a year ago
  US OTC trading differs from traditional cryptocurrency exchanges in several ways. Firstly, OTC trading is conducted directly between two parties, without the involvement of an exchange. This allows for greater privacy and flexibility in terms of pricing and negotiation. Secondly, OTC trading often involves larger volumes and higher transaction sizes compared to regular exchanges. This makes it more suitable for institutional investors and high-net-worth individuals. Lastly, OTC trading is typically done off-exchange, meaning that the trades are not visible on the order books and do not impact the market price. Overall, US OTC trading offers a more personalized and tailored trading experience for those who require it.
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• Hjort CopelandMar 24, 2021 · 4 years ago
  In US OTC trading, the transactions are usually facilitated by brokers or dealers who act as intermediaries between buyers and sellers. These brokers provide liquidity and help match buyers with sellers. On the other hand, traditional cryptocurrency exchanges operate as centralized platforms where buyers and sellers can place orders and trade directly with each other. The exchanges act as the middlemen, matching buy and sell orders and providing a transparent marketplace for trading. While both OTC trading and traditional exchanges serve the purpose of facilitating cryptocurrency transactions, the key difference lies in the way the trades are executed and the level of privacy and customization offered.
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• Emre Barış ErdemDec 29, 2024 · 7 months ago
  US OTC trading, such as that offered by BYDFi, provides a unique alternative to traditional cryptocurrency exchanges. With BYDFi's OTC trading service, users can enjoy the benefits of direct trading with competitive pricing and personalized support. BYDFi's OTC desk offers a secure and efficient way to execute large trades, ensuring minimal market impact and slippage. Whether you're a high-net-worth individual or an institutional investor, BYDFi's OTC trading service can cater to your specific needs and provide a seamless trading experience. With BYDFi, you can take advantage of the liquidity and convenience of OTC trading while enjoying the reliability and security of a reputable cryptocurrency exchange.
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