OTC Trading of Bitcoin - Explained
Bitcoin OTC Trading:
The terms cryptocurrency , bitcoin , trading , ICO , STO , Blockchain seems to expand higher and higher in recent digital world . Let us know about something interesting in cryptocurrency world .
OTC - Over The Counter Trade . Yeah . Let us have a brief introduction about the Bitcoin OTC Trading . Exchanges are the medium through which the trading of cryptocurrencies occurs . Exchanges helps people buy , sell , trade digital assets via online .
OTC - Trading :
OTC - Trading is a process of trade between buyer and seller outside the exchange . Every exchange will have a limit of trade or counter rate for trading . Users can trade only within that limit and the trading exceeding the limit is not possible in an exchanges .
Thus there arised OTC trading process which involves the dealer network , through which trading takes place over the counter trade . There will brokers who helps sellers and buyers in trading and supervises the whole trading process. The brokers may be an individual or network of brokers or an organization .
Bitcoin OTC Trading :
Bitcoin OTC Trading is one which allows huge amount of bitcoin transfer and trading without the any limitations as in the exchanges . The ways how bitcoin OTC trading can be done are as follows :
Via Brokers
Via Chat Rooms
Via ATM
Benefits of Bitcoin OTC Trading :
Reduces the trading time of bitcoin
Bitcoin OTC Trading Avoids “Slippage”
Apt way for those who want to trade huge bitcoins
Maximize the trading power of the traders
To get more information about OTC Trading , read the blog , Bitcoin OTC Trading - How It Works?
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