Over The Counter (OTC) refers to the process of buying and selling cryptocurrencies directly between two parties, without the involvement of an exchange. This method allows for larger transactions without impacting market prices significantly.OTC trading is especially useful for institutional investors or individuals making large trades, as it provides privacy and reduced market volatility. Participants typically negotiate the terms, including price and quantity, directly or through brokers who facilitate these trades.OTC desks are platforms that specialize in this type of trading. They offer services to match buyers and sellers, often providing liquidity and better rates for larger transactions. This helps clients execute trades discreetly and efficiently, minimizing the risk of slippage that might occur on public exchanges. In summary, OTC trading offers a way to buy or sell significant amounts of cryptocurrency privately and efficiently, making it an important option for serious investors.
Avalanche Treasury Co. to Go Public in $675M Deal With Mountain Lake Acquisition
Avalanche Treasury Co. (AVAT), a digital asset treasury company aligned with the Avalanche Foundation, said Wednesday it has agreed to