How does using a crypto OTC desk differ from trading on a traditional exchange?

3 answers

• KalpitMar 02, 2023 · 3 years ago
  When using a crypto OTC desk, you are dealing directly with the desk itself, which acts as a middleman between buyers and sellers. This allows for larger trades to be executed without impacting the market price. On the other hand, when trading on a traditional exchange, your trades are executed on the open market, which can result in price slippage for large orders. Additionally, OTC desks often provide personalized service and can offer better liquidity for certain cryptocurrencies compared to traditional exchanges.
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• Jacob ReiterApr 12, 2025 · 8 months ago
  Using a crypto OTC desk can be more convenient for institutional investors or high-net-worth individuals who want to execute large trades without causing significant price movements. OTC desks also offer more privacy and can help mitigate the impact of market manipulation. However, trading on a traditional exchange provides more transparency and access to a wider range of trading pairs. It's important to consider your specific trading needs and goals when deciding between an OTC desk and a traditional exchange.
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• Rasanjana AravinduAug 02, 2021 · 4 years ago
  At BYDFi, our crypto OTC desk offers a secure and efficient way to trade large volumes of cryptocurrencies. With our extensive network of liquidity providers, we can ensure competitive pricing and fast execution for our clients. Our team of experienced professionals is dedicated to providing personalized service and assisting clients throughout the entire trading process. Whether you're a seasoned trader or a beginner, BYDFi's OTC desk can help you navigate the crypto market with ease.
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