OTC trading desks are similar to traditional exchanges in that they enable the buying and selling of digital assets, but they differ in that they facilitate transactions through direct communication between buyers and sellers, outside of an exchange order book.
OTC crypto desks handle high-volume transactions from institutional investors, payment processors, and hedge funds looking to avoid the market impact that arises from executing large trades on traditional exchanges. They also provide anonymity to traders who prefer to keep transactions private.
Market makers play a significant role in OTC trading as they facilitate liquidity in the market. Market makers are firms specializing in providing liquidity and price for a digital asset, thus enabling quicker trades. These firms are essential, particularly in a market as dynamic as cryptocurrencies where prices can fluctuate rapidly.
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is a crypto OTC crypto platform that gives people the opportunity to make entry into the cryptocurrency world as easy as possible. With FinchPay you can do on-ramp/off-ramp transactions in any volume for all your needs.