![]() ![]() ![]() They avoid slippage by having access to large sources of cryptocurrency liquidity. Trading firms – If you want personalized treatment, there are platforms you can use where you can reach out to traders who specialize in large transactions.Lower transaction rate because an order may take days to fillĬrypto OTC trading happens in several platforms, which include:.More beneficial for those who want to actively trade price movements.May have higher fees compared to exchanges.Better for high-volume traders with a high net worth.If you’re deciding whether you’ll do the OTC or exchange route, here is a quick look at the pros and cons of each option. ![]() Which is better: OTC trading or an exchange? OTC trading also deals with larger volume transaction when compared to exchanges. With OTC, trading happens via a broker-dealer network, guaranteeing more privacy for traders. Technically, it is just another way of trading assets such as stocks, bonds, derivatives, and currencies. On the other hand, OTC is a trade between two parties with one usually being a ‘desk’. Prices for the sale of assets (asks) and offers to buy (bids) are posted by traders. And whether you’re a buyer or seller, you can trade on exchanges or with over the counter (OTC) trading desks.Įxchanges like the New York Stock Exchange or Nasdaq act as a negotiator between the buyers and sellers. You can enter financial markets either as a buyer or seller. You may have already heard about the over the counter trading of Bitcoins, but let’s start with the basics. We’re starting with Cryptocurrency OTC Trading. Here at GSR, we’re creating a series of guides to nurture the next generation of cryptocurrency traders. If you’re exploring cryptocurrency markets, then you’ve come to the right place. ![]()
0 Comments
Leave a Reply. |