Are there any discounts available for OTC trades with large volumes?
Nedra StrackeNov 23, 2021 · 3 years ago3 answers
I'm interested in conducting OTC trades with large volumes of digital currencies. Are there any discounts available for such trades? How can I take advantage of any potential discounts?
3 answers
- Nov 23, 2021 · 3 years agoAbsolutely! Many cryptocurrency exchanges offer discounts for OTC trades with large volumes. These discounts are usually provided to incentivize traders to conduct large trades off the exchange's order book, which helps maintain liquidity. To take advantage of these discounts, you can reach out to the exchange's OTC desk or contact their customer support. They will guide you through the process and provide you with the necessary information to qualify for the discounts. Keep in mind that the specific discount rates and requirements may vary between exchanges, so it's always a good idea to compare different options before making a decision.
- Nov 23, 2021 · 3 years agoYou bet! When it comes to OTC trades with large volumes, exchanges often offer discounts to attract institutional investors and high-net-worth individuals. These discounts can be quite substantial and can help you save on trading fees. To access these discounts, you'll typically need to meet certain criteria set by the exchange, such as a minimum trade size or a specific trading volume. It's worth noting that the availability of discounts may also depend on market conditions and the exchange's policies. So, if you're planning to make large OTC trades, it's a good idea to reach out to the exchange directly and inquire about any available discounts.
- Nov 23, 2021 · 3 years agoIndeed, there are discounts available for OTC trades with large volumes. At BYDFi, for example, we offer discounted trading fees for OTC trades exceeding a certain volume. Our OTC desk provides personalized assistance and ensures that you get the best possible rates for your trades. To take advantage of these discounts, simply contact our OTC desk and provide the details of your trade. Our team will guide you through the process and provide you with the necessary information. Keep in mind that the availability of discounts may vary between exchanges, so it's always a good idea to explore different options and compare the rates and services offered.
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