As cryptocurrencies grow in popularity and widespread use, it is important that certain fundamental aspects of privacy remain intact in the process of exchanging these currencies. Over-the-counter (OTC) trading offers a way for market participants to transact in orders of arbitrary size without disrupting the market and thus tipping off other participants. What does this mean? In order to retain privacy and asset value, users need to get off of exchanges.
In April 2018, an estimated $250 million to $30 billion dollars were exchanged through OTC trading per day compared to $15 billion traded on exchanges daily in the same…
M.S. in Computer Science @ NYU