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What are the best digital currencies for OTC investing?

avatarRyan NystromDec 17, 2021 · 3 years ago3 answers

Can you recommend the top digital currencies that are suitable for over-the-counter (OTC) investing? I'm looking for cryptocurrencies that have good liquidity and can be easily traded outside of traditional exchanges.

What are the best digital currencies for OTC investing?
Digital Currencies
OTC Investing
Liquidity

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sure! When it comes to OTC investing, Bitcoin (BTC) and Ethereum (ETH) are the most popular choices. They have high liquidity and are widely accepted by OTC desks. Additionally, stablecoins like Tether (USDT) and USD Coin (USDC) are also commonly used for OTC trades due to their price stability. These cryptocurrencies provide a good balance between liquidity and stability, making them suitable for OTC investing.
  • avatarDec 17, 2021 · 3 years ago
    If you're looking for more privacy in your OTC trades, Monero (XMR) and Zcash (ZEC) are worth considering. These privacy-focused cryptocurrencies offer enhanced anonymity features, which can be beneficial for investors who prefer to keep their transactions discreet. However, it's important to note that the liquidity of these coins may be lower compared to Bitcoin and Ethereum.
  • avatarDec 17, 2021 · 3 years ago
    BYDFi, a leading digital asset exchange, offers a wide range of digital currencies for OTC investing. They provide competitive prices, fast execution, and secure transactions. Some of the top digital currencies available for OTC trading on BYDFi include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). BYDFi's OTC desk ensures a seamless trading experience for both individual and institutional investors.

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