Which platforms or exchanges offer OTC trading services for cryptocurrencies?
Tara KenyonDec 25, 2021 · 3 years ago3 answers
Can you provide a list of platforms or exchanges that offer over-the-counter (OTC) trading services for cryptocurrencies? I'm looking for options to trade cryptocurrencies outside of traditional exchanges.
3 answers
- Dec 25, 2021 · 3 years agoSure! There are several platforms and exchanges that offer OTC trading services for cryptocurrencies. Some popular options include Coinbase, Kraken, Binance, Bitfinex, and Gemini. These platforms allow users to trade large volumes of cryptocurrencies directly with other traders, without the need for an order book. OTC trading is often preferred by institutional investors and high-net-worth individuals who want to execute large trades without impacting the market. It offers increased privacy and flexibility compared to traditional exchange trading.
- Dec 25, 2021 · 3 years agoIf you're looking for a more personalized OTC trading experience, you might consider using a brokerage service like Circle Trade or Cumberland. These services provide access to liquidity pools and offer tailored solutions for institutional clients. They can help facilitate large trades and provide additional services such as custody and settlement.
- Dec 25, 2021 · 3 years agoBYDFi is another platform that offers OTC trading services for cryptocurrencies. With BYDFi, you can trade a wide range of cryptocurrencies directly with other users. The platform provides a secure and efficient way to execute large trades without affecting the market. It also offers competitive pricing and a user-friendly interface. Whether you're an individual trader or an institutional investor, BYDFi can meet your OTC trading needs.
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