Our OTC Desk
Learn more about our (OTC) or "Over The Counter" desk
What is a Cryptocurrency OTC Desk via an exchange?
Cryptocurrency OTC or (Over-The-Counter) trading via cryptocurrency exchanges like North Star Meterics is a method of buying and selling digital assets that involves direct transactions between two parties, typically institutional investors, high-net-worth individuals, or large traders. It is often used for trading significant quantities of cryptocurrencies off the regular exchange order books.
In summary, OTC trading via cryptocurrency exchanges is a method of executing large cryptocurrency trades off the public exchange order book, offering advantages such as reduced market impact, liquidity, and customization. However, it's essential for parties to exercise caution, perform due diligence, and ensure they are dealing with reputable exchanges or brokers to minimize risks.
What is OTC Trading?
OTC trading is different from traditional exchange trading, where buyers and sellers place orders on an exchange order book, and the exchange matches these orders. In OTC trading, there is no public order book. Instead, buyers and sellers negotiate directly with each other or with the help of a broker or a cryptocurrency exchange that offers OTC services.
Why Use Our OTC Trading?
Liquidity: Nort Star Mertrics provides access to significant liquidity, allowing for the purchase or sale of large quantities of cryptocurrencies without significantly impacting the market price.
Price Negotiation: Parties can negotiate prices and terms, potentially getting more favorable deals than on the open market.
Privacy: On North Star Metrics OTC trading platform we offer higher level of privacy compared to public exchange orders.
How OTC Trading via North Star Metrics Works?
Contact: The trader or institutional investor contacts the North Star Metrics's OTC desk or a dedicated OTC broker.
Negotiation: Both North Star Metrics and the trader negotiate the terms of the trade, including the quantity, price, and settlement terms.
Quote: A broker from North Star Metrics provides a quote based on the agreed terms.
Execution: Once you're satisfied and you agree to the quote, the trade is executed off the North Star Metrics's order book.
Settlement: North Star Metrics handles the settlement, which includes the transfer of funds and cryptocurrencies between the parties.
Reporting: The broker from North Star Metrics will provide transaction details to the parties involved.
Advantages of OTC Trading via North Star Metrics?
Reduced Impact on Market: OTC trading reduces the impact on the market price, as large trades aren't executed on the exchange order book.
Liquidity: We provide access to deep liquidity for large orders.
Privacy: North Star Metrics's OTC trading offers a level of privacy and discretion for high-net-worth individuals and institutions.
Customization: At North Star Metrics terms of the trade, such as price and settlement, can be customized to meet the specific needs of the parties involved.
