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What really goes on at a crypto OTC desk? -Breaking

by Mike Robinson

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What happens at an OTC crypto desk?

OTC (over-the counter) trading is any trade that’s not carried out via an automated exchange. OTC trading: What is it? What is OTC trading and who does it? Magazine interviewed a few people to find out more about the OTC desk and its operation.

OTC trading’s most common concept revolves around huge off-market deals. For example, when MicroStrategy purchases multimillion-dollar assets from OTC desks operated by Coinbase (NASDAQ:), or Kraken.

What happens behind closed doors at OTC?
Rad at his Dubai office.
Rad spoke about his experience and shared tips to avoid scams in crypto, in the latest Journeys in Blockchain article.

OTC Exchanges such as Crypto Desk are used by who?

Diverse regulations

The IRS is interested in knowing everything about cash transfers! Source: IRS

Talking about money

OTC desks can be used to reduce slippage in exchanges.

Continue Reading on Coin Telegraph

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