Over-the-counter (OTC) trading refers to the direct exchange of assets between two parties, bypassing traditional exchanges. This method is often used for large transactions that could significantly influence market prices if conducted on public platforms.In OTC trading, buyers and sellers negotiate terms such as price and quantity privately. This allows for greater privacy and potentially better pricing, as large trades can be executed without causing market volatility. OTC desks, firms that facilitate these trades, often work with institutional investors, high-net-worth individuals, and companies.This trading method is particularly beneficial for those looking to buy or sell substantial amounts of cryptocurrency without drawing attention or moving the market. Additionally, OTC trading can offer more flexible terms compared to regular exchange transactions, catering to specific needs and preferences of both parties involved. However, it’s essential to understand the risks, including lack of regulatory oversight and the potential for counterparty risk, necessitating trust in the entities involved.