How can I sell digital currencies over-the-counter (OTC)?

3 answers

• Dec 27, 2021 · 3 years ago
  Selling digital currencies over-the-counter (OTC) can be a great way to avoid the volatility and liquidity issues often associated with traditional exchanges. To sell digital currencies OTC, you can start by finding a reputable OTC trading desk or broker. These platforms connect buyers and sellers directly, allowing you to negotiate the terms of the trade. OTC trades are typically conducted off-exchange, which means you can sell larger amounts of digital currencies without impacting the market price. Keep in mind that OTC trades may involve higher fees compared to trading on exchanges, but they offer greater privacy and flexibility.
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• Dec 27, 2021 · 3 years ago
  Selling digital currencies over-the-counter (OTC) is a bit different from trading on traditional exchanges. OTC trading allows you to sell your digital currencies directly to buyers without the need for an exchange. To sell OTC, you can reach out to potential buyers through online forums, social media groups, or even through personal connections. It's important to conduct thorough due diligence on potential buyers to ensure a safe and secure transaction. Additionally, consider using escrow services to protect both parties involved in the trade. Selling OTC can be a good option if you're looking for more control over the selling process and prefer to avoid the potential slippage and market impact that can occur on exchanges.
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• Dec 27, 2021 · 3 years ago
  At BYDFi, we offer a secure and efficient OTC trading service for digital currencies. Our platform connects buyers and sellers, providing a seamless and reliable trading experience. To sell digital currencies OTC on BYDFi, simply create an account, complete the necessary verification process, and submit your sell order. Our team will review your order and connect you with potential buyers. With BYDFi's OTC trading service, you can enjoy competitive pricing, fast settlement, and personalized support throughout the entire process. Start selling your digital currencies OTC with BYDFi today and experience the benefits of hassle-free trading.
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