What is OTC crypto?
OTC crypto refers to the Over-The-Counter trading of cryptocurrencies, which is conducted directly between two parties without the use of a centralized exchange. This type of trading is often used for large transactions and provides higher liquidity and privacy.
How do I use OTC crypto?
I'm curious about the process of using OTC crypto. Could you please explain to me the steps involved in buying and selling cryptocurrencies over-the-counter? Do I need to go through a specific platform or can I transact directly with another individual? Are there any risks associated with OTC trading that I should be aware of? And finally, how does the pricing mechanism work in an OTC market? I'd appreciate your insights on these questions as I consider expanding my cryptocurrency portfolio.