Over-the-Counter (OTC)

By: WEEX|2024/10/26 10:02:19
0
Share
copy

Over-the-Counter (OTC) trading refers to the process of buying and selling assets directly between two parties, without the use of a centralized exchange. OTC trading is often used for large transactions, where making trades on a public exchange could significantly impact the market price due to low liquidity. In the cryptocurrency world, OTC desks are used by institutional investors and high-net-worth individuals to execute large trades discreetly and without causing slippage. OTC services can be provided by brokers or specialized trading desks. Example: A crypto whale might use an OTC desk to purchase 1,000 Bitcoin in a single transaction rather than breaking it into smaller trades on an exchange.

You may also like

What is Immunefi? $IMU is available on WEEX Pre-Market

Immunefi is a unified security operations platform designed to protect web3 protocols and onchain assets through bug bounties, audits, and AI-powered defenses. It transforms vulnerabilities into opportunities for security researchers while safeguarding over $180B in user funds across 650+ protocols.

Introducing Sport.Fun: Complete Guide to $FUN and Airdrop Opportunities

Sport.Fun ($FUN) is a blockchain-powered fantasy sports platform that lets fans trade digital athlete shares tied to real-world performance. Learn its tokenomics, ecosystem impact, and how to claim free tokens in the WEEX $50,000 $FUN airdrop until Jan.23 2026!

Introducing Owlto Finance: Complete Guide to $OWL and Airdrop Opportunities

Owlto Finance is a cutting-edge, intent-centric cross-chain interoperability protocol that leverages AI agents to deliver lightning-fast, low-cost asset transfers across major ecosystems. Learn its tokenomics, ecosystem impact, and how to claim free tokens in the WEEX $50,000 $OWL airdrop until Jan.22 2026!

What is Coinbase Global Inc. (COIN) Coin?

Coinbase Global Inc., often denoted as COIN, is a major player in the cryptocurrency exchange landscape, providing an…

What is Apple Inc. (AAPL) Coin

Apple Inc. (AAPL) has established itself as a powerhouse in the realm of technology and finance, captivating millions…

What is Monsterra (MSTR) Coin?

Monsterra (MSTR) has marked its territory as a cutting-edge blockchain game, merging the excitement of gaming with the…

Popular coins