Re: Over the Counter (OTC) Cryptocurrency Trading - Explained in Details.
I think there are many advantages of buying bitcoin through over-the-counter trading desk such as:
- Full anonymity of the buyer.
- Buy a huge amount of bitcoin at the same price
- The risk of getting hacked is almost zero compared to the exchanges.
- Instant purchase, there is no placing orders and wait for the price to fall before you can buy.
- The best thing about over-the-counter trading desk is you can always have a peace of mind in terms of security and price volatility.
Though the bitcoin price is a little bit high at OTCs, but you can get the advantage of buying a huge amount of bitcoins at the same price with no volatility.
The over-the-counter trading desks help a lot in tackling the bitcoin price volatility. Imagine, the whales buying 200,000 bitcoins on the exchanges, uhh!
- Full anonymity of the buyer.
- Buy a huge amount of bitcoin at the same price
- The risk of getting hacked is almost zero compared to the exchanges.
- Instant purchase, there is no placing orders and wait for the price to fall before you can buy.
- The best thing about over-the-counter trading desk is you can always have a peace of mind in terms of security and price volatility.
Though the bitcoin price is a little bit high at OTCs, but you can get the advantage of buying a huge amount of bitcoins at the same price with no volatility.
The over-the-counter trading desks help a lot in tackling the bitcoin price volatility. Imagine, the whales buying 200,000 bitcoins on the exchanges, uhh!