As if the world of crypto wasn’t already mysterious enough, there’s another level present within the space in terms of trading abilities. Normally, investors acquire cryptocurrencies like bitcoin and Ethereum through exchanges.
Savvy, experienced investors participate in OTC Bitcoin Trading, or buying and selling over the counter. Direct trading provisions allow BTC purchases without spooking out the rest of the forex market. Stay tuned for more information about over-the-counter trading.
What is OTC BTC Trading
The best way to describe OTC Bitcoin trading is this: OTC is defined as deals between individual investors; in other words, over-the-counter trading exists independently of crypto exchanges. Although this mode of dealing is usually reserved for high net-worth individuals, both accredited and non-accredited investors alike can take advantage. The minimum trading order tends to be around $100,000 and up. When it comes to OTC deal-flow, middlemen connect buyers and sellers together to execute large transactions.
Why is OTC BTC Trading Popular
Larger investors are forced to hang on to assets that take time to liquidate – this isn’t the case with crypto. Over-the-counter transactions present opportunities for whales outside of exchanges where one large transaction could empty the order book system leading to enormous slippage. A flash crash rises out of bad average price movements based on one significant order.
Peer-to-peer trading protects privacy, promotes simplicity, and induces faster transactions. Trade BTC anytime by using the nearest RockItCoin Bitcoin ATM. Go where large transactions are settled the same day with minimal challenges.
