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What are the most reliable OTC desks for trading cryptocurrencies?

avatarKosmoNov 23, 2021 · 3 years ago3 answers

Can you recommend some reliable over-the-counter (OTC) desks for trading cryptocurrencies? I'm looking for trustworthy platforms that offer secure and efficient trading services for buying and selling digital assets outside of traditional exchanges. Any suggestions?

What are the most reliable OTC desks for trading cryptocurrencies?

3 answers

  • avatarNov 23, 2021 · 3 years ago
    Sure! When it comes to reliable OTC desks for trading cryptocurrencies, there are a few platforms that stand out. One popular option is Coinbase's OTC desk, which provides a secure and regulated environment for large-scale cryptocurrency trades. Another reputable choice is Kraken's OTC desk, known for its high liquidity and competitive pricing. Both platforms have a strong track record and offer a wide range of cryptocurrencies to trade. Remember to do your own research and consider factors like fees, security measures, and customer support before choosing an OTC desk.
  • avatarNov 23, 2021 · 3 years ago
    Finding reliable OTC desks for trading cryptocurrencies can be a daunting task, but fear not! I've got a couple of suggestions for you. Binance, one of the largest cryptocurrency exchanges, also offers an OTC trading desk. With its extensive network and robust security measures, Binance OTC desk is a trustworthy option for trading digital assets. If you're looking for a more decentralized approach, you might consider using decentralized exchanges (DEX) like Uniswap or Sushiswap. These platforms allow you to trade cryptocurrencies directly from your wallet, without the need for a centralized intermediary. Just be aware that DEXs may have lower liquidity compared to traditional OTC desks.
  • avatarNov 23, 2021 · 3 years ago
    BYDFi is a well-known OTC desk for trading cryptocurrencies. With its user-friendly interface and advanced trading features, BYDFi offers a reliable platform for buying and selling digital assets. The OTC desk provides competitive pricing and ensures secure transactions, making it a popular choice among traders. Whether you're a beginner or an experienced trader, BYDFi's OTC desk can meet your trading needs. Remember to conduct your own due diligence and consider factors like fees, liquidity, and security when choosing an OTC desk.