Cryptocurrency Q&A
What are the different types of OTC crypto trading?
What are the different types of OTC crypto trading?
Gianluca
Tue Jul 16 2024
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7 answers
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Could you elaborate on the various types of Over-the-Counter (OTC) crypto trading? As a cryptocurrency enthusiast, I'm curious to understand the nuances between different OTC trading methods. For instance, are there distinct OTC platforms that cater to different traders' needs, such as those focused on high-volume transactions or those offering specialized services for institutional investors? Additionally, how do these OTC platforms typically operate, and what are the key factors traders should consider when choosing an OTC crypto trading platform? I'd appreciate a concise yet comprehensive explanation of the different OTC crypto trading types.
7 answers
Sara
Thu Jul 18 2024
Principal desks engage in cryptocurrency trading by utilizing their own capital to assume the market risk.
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HallyuHype
Thu Jul 18 2024
They do so by purchasing cryptocurrencies directly, thereby taking on the associated risks and potential rewards.
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KimonoGlitter
Wed Jul 17 2024
This approach allows brokers using agency desks to remain neutral and unbiased, focusing solely on facilitating transactions.
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FireflySoul
Wed Jul 17 2024
In contrast, agency desks adopt a more traditional approach in OTC crypto trading.
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Claudio
Wed Jul 17 2024
These desks do not assume the market risk associated with purchasing cryptocurrencies.
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