Binance’s over-the-counter (OTC) trading desk offers a more personalized trading experience for institutional and high net-worth investors. The OTC desk is a service that is designed for large trades and is not intended for retail investors.
Binance OTC is a service that matches buyers and sellers of large amounts of cryptocurrency outside of the regular Binance exchange. This service is designed for institutional and high net-worth investors who want to trade large amounts of cryptocurrency without affecting the market price.
The OTC desk is available 24/7 and offers a more personalized trading experience with dedicated account managers. Trades on the OTC desk are not subject to the same fees as trades on the regular Binance exchange.
NOTE: WARNING: Binance OTC is a service provided by Binance that allows users to buy and sell cryptocurrency in large amounts. This service is only intended for experienced investors and traders, as it involves significant risk due to the large sums of money involved. Be aware that the prices may be subject to market volatility, and you should take all necessary precautions when engaging in any OTC trade.
The minimum trade size on the Binance OTC desk is 1 BTC, and there is no maximum trade size. Investors can place orders to buy or sell any amount of cryptocurrency.
Investors who use the Binance OTC desk will be matched with a counterparty who is willing to trade at the desired price. Once an order is placed, it will be matched with an opposite order from another user.
Once both orders are matched, the trade will be executed and the funds will be transferred between the two parties.
The Binance OTC desk is a useful tool for investors who want to trade large amounts of cryptocurrency without affecting the market price. The service offers a more personalized trading experience with dedicated account managers and 24/7 availability.
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