What Are OTC Trade Desks?
Over-the-Counter (OTC) trading in cryptocurrency refers to the direct exchange of digital assets between two parties, typically facilitated by a broker, without using a traditional cryptocurrency exchange.
This method is often preferred for large transactions as it avoids the price slippage that can occur on public exchanges due to limited liquidity. OTC desks also provide privacy, personalized service, and access to a broader range of cryptocurrencies than what may be listed on regular exchanges.