What are the advantages of buying cryptocurrencies over the counter?

3 answers

• Jodi SudarsoAug 29, 2024 · a year ago
  One advantage of buying cryptocurrencies over the counter is the ability to make large transactions without impacting the market price. OTC trading allows buyers and sellers to negotiate directly, ensuring privacy and minimizing slippage. Additionally, OTC desks often provide personalized service and access to a wide range of digital assets. Overall, OTC trading offers convenience, liquidity, and flexibility for those looking to buy cryptocurrencies in large quantities.
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• Schulz HoweJul 18, 2022 · 3 years ago
  When you buy cryptocurrencies over the counter, you can avoid the potential risks associated with trading on traditional exchanges. OTC transactions are typically conducted off-exchange, reducing the chances of price manipulation and front-running. Moreover, OTC desks often have stricter security measures in place, protecting buyers from hacking attempts and other cyber threats. By purchasing cryptocurrencies over the counter, you can enjoy a safer and more secure trading experience.
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• Stanley MuiruriJan 07, 2024 · 2 years ago
  At BYDFi, we understand the advantages of buying cryptocurrencies over the counter. OTC trading provides institutional investors and high-net-worth individuals with the opportunity to execute large trades without causing significant price fluctuations. Our OTC desk offers competitive pricing, deep liquidity, and a seamless trading experience. Whether you're looking to diversify your portfolio or acquire a substantial amount of digital assets, BYDFi's OTC desk can cater to your needs. Contact us today to learn more about our OTC trading services.
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