Over-the-Counter (OTC)

OTC crypto refers to over-the-counter cryptocurrency trading. It involves buying and selling cryptocurrencies directly between parties, rather than through a public exchange. This type of trading is often used for large-volume transactions or when traders need more privacy or customisation in their trades.

What Are the Key Features of OTC Trading?

With OTC Trading in crypto, traders are guaranteed:

• Direct transactions

• Customised trades

• High privacy

• Liquidity for large trades

What Are the Benefits of OTC Trading?

Traders have complete anonymity, as transactions are not visible on public exchange order books, and can negotiate prices and settlement times.

What Are the Risks of OTC Trading?

Risks include prices not being standardised and differing from exchange rates and dependence on the OTC desk to complete their side of the transaction.