What are the best ways to buy cryptocurrencies over the counter (OTC)?

3 answers

• Dec 16, 2021 · 3 years ago
  One of the best ways to buy cryptocurrencies over the counter (OTC) is through OTC brokers. These brokers act as intermediaries between buyers and sellers, providing a secure and private way to trade large amounts of cryptocurrencies. OTC brokers often have access to a wide range of cryptocurrencies and can offer competitive prices. They also provide personalized services and can assist with the entire buying process. It's important to choose a reputable OTC broker with a good track record and positive reviews to ensure a smooth and secure transaction.
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• Dec 16, 2021 · 3 years ago
  Another option to buy cryptocurrencies over the counter (OTC) is through peer-to-peer (P2P) trading platforms. These platforms connect buyers and sellers directly, allowing them to negotiate and agree on the terms of the trade. P2P trading platforms provide a decentralized and transparent way to buy cryptocurrencies, and they often offer a wide range of payment options. However, it's essential to exercise caution when using P2P platforms and thoroughly research the reputation and credibility of the counterparty before engaging in any transactions.
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• Dec 16, 2021 · 3 years ago
  BYDFi, a popular digital asset exchange, also offers OTC trading services. With BYDFi's OTC desk, users can buy cryptocurrencies directly from the exchange in large quantities. The OTC desk provides competitive prices and ensures secure transactions. BYDFi's OTC trading services are suitable for institutional investors and high-net-worth individuals who want to trade large volumes of cryptocurrencies. It's important to note that BYDFi's OTC services are subject to KYC (Know Your Customer) and AML (Anti-Money Laundering) regulations to ensure compliance and security.
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