Is Crypto OTC Trading For Me?

Crypto Life (CL)
2 min readMar 24, 2023

When it comes to crypto trading, one of the first questions we ask ourselves is how we should trade.

This question is even more important when it comes to trading large amounts of crypto, as you want to get the best trade possible.

One approach crypto investors use the most is over-the-counter (OTC) trading. Unlike a traditional exchange, OTC trading is done via a direct broker-dealer network and is not recorded on a public order book.

What are the benefits?

There are many benefits to OTC trading, which make it favourable to crypto investors. Most notably, as there is no third-party involvement, sellers and buyers can cooperate faster.

Crypto OTC trading also offers anonymity, liquidity without the risk of slippage and better opportunities to do what you wish with your assets — such as transferring your crypto without any trade order limits.

What are the risks?

But with benefits, there are always risks to think about as well.

The three biggest downsides to crypto OTC trading are that it’s often time-consuming, affected by volatility, and can be vulnerable to fraud. With CL, our OTC traders will contact you through your preferred contact method with full details of your inquiry. That way, you can be sure that you are speaking to the right person.

Trading large amounts of crypto often results in waiting a long time for the transaction to process, and crypto’s rapidly fluctuating prices mean that you never know the deal’s exact price. Moreover, as it’s completely decentralised, there is a higher risk of being scammed, which is why it’s important to always research before making any deals.

Introducing CL OTC

If you wanted to get started with Crypto OTC trading, why not get started with CL OTC?

We offer an easy and secure experience for buying and selling crypto assets, letting you trade large blocks of cryptocurrencies at competitive rates.

You can easily run OTC deals for popular assets, such as Bitcoin and Ethereum USDT, USDC and many more! Plus, enjoy low-cost crypto-to-fiat and fiat-to-crypto, same-day settlement up to $10m and personalised customer support.