Selling bitcoin otc

The first step in finding the best broker for the cryptocurrency is grasping the basics of the OTC bitcoin market. In the broadest terms, over the counter exchange is any kind of transaction that occurs directly between two parties. In an old-fashioned sense, this would refer to a scenario where you approach a broker and describe the desired conditions of a deal, after which they will offer you options from their order book.

The emergence of cryptocurrency and its rapid growth in value has contributed to the formation of the OTC exchange network that operates in a similar manner. Understandably, contemporary OTC trading platforms can benefit from advantages offered by the Internet, such as the global reach, accessibility, and ease of use. At the same time, OTC bitcoin trading remains completely legal and compliant with most major regulatory frameworks. Simply put, an OTC BTC exchange offers numerous advantages to both individual traders and large-scale investors.