Reliable OTC Trading Desk - The Role OTC Trading Desks in Cryptocurrency Trading
Over-the-counter desks emerged as one of the important elements of crypto trading in the current times. Nearly $ 100million per day gets moved via the OTC. It is a sure indication that the OTC trading desk is emerging as a great force in inducing price stability and mass adoption. A reliable OTC trading desk provides for institutional and sophisticated transactions with ease and gives the investors an ability to make large trades without needing any access to the exchange. The interest rate products and foreign exchange derivatives are some of the oldest tools that the exchange market has used in several years. Therefore, it is no wonder that seems of the biggest crypto exchanges have announced new OTC desk capabilities are managing the increasing demand of institutional investors. A higher number of OTC desks are offering higher electronic connectivity. Trades can now access the quotes at the touch of a button. OTCs play a crucial role Crypto traders rely on using their cap