How can I buy and sell bitcoin over the counter?
Djurhuus BitschDec 27, 2021 · 3 years ago3 answers
I'm interested in buying and selling bitcoin over the counter. Can you provide me with some information on how to do it?
3 answers
- Dec 27, 2021 · 3 years agoSure! Buying and selling bitcoin over the counter (OTC) involves trading directly with another person or entity, rather than using a traditional exchange. OTC trading allows for larger transactions and provides more privacy. To buy bitcoin OTC, you can find OTC brokers or use peer-to-peer platforms like LocalBitcoins. For selling bitcoin OTC, you can advertise your offer on OTC trading platforms or connect with potential buyers through OTC brokers. Make sure to conduct thorough research and due diligence before engaging in OTC trading to ensure the safety of your transactions.
- Dec 27, 2021 · 3 years agoBuying and selling bitcoin over the counter is a great way to access liquidity and avoid the limitations of traditional exchanges. OTC trading allows for larger trades and provides more flexibility in terms of pricing and settlement. To buy bitcoin OTC, you can reach out to OTC desks or brokers who specialize in facilitating OTC transactions. For selling bitcoin OTC, you can advertise your offer on OTC platforms or connect with potential buyers through OTC brokers. Remember to consider factors like reputation, security, and pricing when choosing an OTC trading partner.
- Dec 27, 2021 · 3 years agoBYDFi, a leading digital asset exchange, offers OTC trading services for bitcoin and other cryptocurrencies. With BYDFi's OTC desk, you can enjoy a seamless and secure trading experience. BYDFi provides competitive pricing, fast settlement, and professional support to ensure smooth OTC transactions. Whether you're looking to buy or sell bitcoin OTC, BYDFi's OTC desk is a reliable option to consider. Contact BYDFi's customer support for more information on how to get started with OTC trading.
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