Cryptocurrency News

What really goes on at a crypto OTC desk?

05/16/2022

Less than a minute

2022.05.16 17:31

What really goes on at a crypto OTC desk?

Over-the-counter, or OTC, trading refers to any trading that is not done via an automated exchange. What exactly is OTC trading? Who does it, and why? To learn more about what an OTC desk is and how these under the radar exchanges operate, Magazine spoke to a few insiders to get the scoop.

The most popular conception of OTC trading revolves around massive off-market deals, like when companies such as MicroStrategy make multimillion-dollar purchases using OTC desks run by the likes of Coinbase (NASDAQ:COIN) or Kraken.

Who uses OTC exchanges like Crypto Desk?

Differing regulations

Talking money

05/16/2022

Less than a minute

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