Why Bitcoin OTC is a Better Option

 

If you are a trader that wanted to buy a lot of cryptocurrency, buying coins or token in a traditional exchange could expose you to various problems. It is just the slippage which increase the cost of such trade and you need to deal with the risks from theft and also from hacking that is present on an ordinary exchange of trading.

 

This is actually the reason as to why OTC or over-the-counter trading is a best option. This is a kind of service which is available for the high-volume traders, which in fact is available for certain groups or people. With this article, you will know as to why OTC trading is considered to be one that's right for you and to what you have to be aware when opting for an OTC solution.

 

Many people are wondering as to why an OTC trading is a lot better than the traditional cryptocurrency exchange offering a simple fiat-to-crypto transaction. In this article, you will learn on some reasons why a lot of traders are opting for OTC than the traditional options.

 

Comes with Better Prices

 

Traditional cryptocurrency markets are still on the infancy and there are in fact a lot of times with where liquidity is not enough for the exchanges in order to process large trades. Due to this, putting a substantial trade for a traditional exchange moves cryptocurrency prices toa  direction which may be unfavorable before the completion of your trade, which is commonly known as a slippage. Rather than the case of filling it out on a single price, the large orders will spread over several small orders and the price of each order will increase. OTC trading likewise allows bitcoin otc broker to access one price for every buy order.

 

It Avoids Low Trade Limits

 

Most of the traditional exchanges have a limit on the max amount which a user can trade for each day as well as on the amount that can be withdrawn from an account for each day. These limits vary on various factors like transaction methods that are used, level of account verification that's completed and to how long the user is trading on the platform. For most cases, it could be sufficient on the process of meeting the needs of any large-scale trader.

 

Trading Times are Faster

 

Whatever liquidity is available, large traders can take days in order to complete their traditional exchange. Using OTC trading will help to give assurance for a faster processing time.

 

Have Trusted Brokers

 

There are in fact various traditional cryptocurrency exchange which is targeted by those that are failing constantly to potential hacking attacks. If you place an OTC trade through a trusted bitcoin otc broker, this will allow you to avoid potential risks.