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Which platforms or exchanges offer OTC trading services for cryptocurrencies?

avatarTara 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.

Which platforms or exchanges offer OTC trading services for cryptocurrencies?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Sure! 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.
  • avatarDec 25, 2021 · 3 years ago
    If 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.
  • avatarDec 25, 2021 · 3 years ago
    BYDFi 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.