This obscures trade data, which can be counterproductive because trade data is used to gauge overall market participation and is. This amount is much larger. OTC brokers refer to companies or individuals willing to sell you Bitcoins directly as opposed to an automated trading platform. When it comes to trading Bitcoin, we know that you have many compelling options. Big players looking to buy or sell large quantities of cryptocurrencies are better off using an OTC broker. This is because a single exchange (no matter how large) will not have the liquidity necessary to fill large order blocks. Bitcoin OTC trading is a way to make a large sale of Bitcoin. The idea behind OTC trading is that these brokers can provide a quoted price for large transactions and shield high-value traders from adversely impacting their own price point, as the traders would if they traded directly on an exchange Whether you are trading blocks of $100,000, €10,000,000 or 2,000 Bitcoin, the OTC desk will provide you with execution and settlement services that are discreet, secure and ultra-competitive. itBit charges a 0.1 percent flat fee on each OTC trade and offers same day settlement to its customers. Bitcoin Over-the-counter (OTC) trading is simply a process of buying or selling cryptocurrency off-exchange for maximum security and privacy. But research shows institutional trading losing ground in volumes on traditional exchanges this year. We offer a personalized way for users to trade large block sizes quickly and securely. The choice of whether to use a Bitcoin OTC or Exchange depends largely on the volume of orders. The volume of Bitcoin traded OTC bitcoin otc trading is around $20 billion/day, because the illiquidity of crypto exchanges forces many large traders to seek exit and enter positions through OTC desks to avoid slippage.