MysterylitRapture
Fri Jul 05 2024
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6 answers
1311
What are crypto OTC desks?
Could you elaborate on the concept of cryptocurrency over-the-counter (OTC) desks? In the world of digital finance, they seem to occupy a significant yet somewhat enigmatic role. Are they simply platforms where large-scale transactions occur outside of traditional exchanges? Or do they offer additional services and benefits to their clients? I'm particularly interested in understanding how they differ from regular crypto exchanges, their operational mechanisms, and if they provide any advantages to institutional investors or high-net-worth individuals seeking to transact in large volumes. Clarifying these points would greatly enhance my understanding of this segment of the crypto landscape.
