How can I buy OTC cryptocurrency with fiat currency?

3 answers

• Jan 11, 2022 · 3 years ago
  One way to buy OTC cryptocurrency with fiat currency is to find a reputable OTC desk or broker. These platforms specialize in facilitating large cryptocurrency trades outside of traditional exchanges. You can contact them directly and inquire about their process for buying cryptocurrency with fiat currency. Make sure to do your due diligence and choose a trusted OTC desk with a good reputation. Another option is to use peer-to-peer (P2P) trading platforms that connect buyers and sellers directly. These platforms allow you to find individuals who are willing to sell cryptocurrency for fiat currency. You can negotiate the terms of the trade and complete the transaction offline. Keep in mind that OTC trading often involves higher fees compared to regular exchanges, but it offers more privacy and flexibility for large trades.
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• Jan 11, 2022 · 3 years ago
  If you're looking for a more convenient option, some cryptocurrency exchanges also offer OTC trading services. These exchanges have dedicated OTC desks where you can buy cryptocurrency with fiat currency. The process usually involves contacting the exchange's OTC desk, providing your trading requirements, and completing the transaction with their assistance. It's important to note that OTC trading is typically geared towards institutional investors or high-net-worth individuals. Therefore, the minimum trade size may be higher compared to regular exchanges. Additionally, KYC (Know Your Customer) and AML (Anti-Money Laundering) procedures may be more stringent for OTC trades.
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• Jan 11, 2022 · 3 years ago
  At BYDFi, we offer OTC cryptocurrency trading services for users who want to buy cryptocurrency with fiat currency. Our OTC desk provides a secure and efficient way to execute large trades. To start trading, simply contact our OTC desk and our team will guide you through the process. We strive to offer competitive rates and excellent customer service to ensure a smooth trading experience for our users.
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