Over-the-Counter vs Exchanges
- Privacy issue
Over-The-Counter or OTC Trading in the context of Bitcoin and crypto, are private deals for buying or selling crypto. Because these transactions are not conducted on formal exchanges, there is no public order book. This provides increased privacy for both buyers and sellers.
- Stable price quotation
If these ‘Whales’ chose to purchase a large sum of crypto on an exchange, their transaction would be heavily impacted by slippage, as the prices on exchanges are determined by the demand and supply forces. This makes OTC trading a desirable option for high net worth individuals looking to make large trades.
In case of exchanges, they will only provide standardised products, whereas OTC contracts can be customised upon each request and requirement.
If you would like to know more about our OTC service, please feel free to contact us at any of these mediums：
Website Chat: www.genesisblockhk.com (Click chat bubble at the right bottom corner)
Wan Chai Office : 1/F, 269 Hennessy Road, Wan Chai, Hong Kong (Entrance on Stewart Road) (+852 3996 9561)
Tsim Sha Tsui Office: Shop B,C,D, G/F SOLO Building, 41-43 Carnarvon Road, Tsim Sha Tsui (+852 2891 0818)