Over-the-Counter (OTC) refers to trading conducted directly between two parties without a formal exchange. In the cryptocurrency space, OTC trading provides a way for individuals or organizations to buy and sell large amounts of digital assets without influencing market prices.This method is particularly useful for institutional investors or high-net-worth individuals who want to execute significant transactions. By using OTC desks, they can avoid slippage, which occurs when large trades shift market prices, potentially leading to less favorable rates.OTC trading often involves a broker who facilitates the deal, ensuring that both parties find a satisfactory price. The process usually includes negotiation over terms and conditions, ensuring privacy, and often quicker settlement times than traditional exchanges.While OTC trading provides advantages like reduced market impact and confidentiality, it may also involve risks, such as potential counterparty risks. Participants should conduct due diligence to ensure they are working with reputable brokers or platforms.