An OTC (Over-The-Counter) crypto exchange is quite different from a normal exchange in how trades are executed and who it’s built for:
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Trade Size & Execution: OTC platforms are designed for large-volume trades, often settled privately between parties, while normal exchanges handle public, order-book-based trading for any amount.
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Price Slippage: OTC helps avoid slippage by matching buyers and sellers directly, unlike regular exchanges where large orders can impact market prices.
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Privacy: OTC trading is more discreet, ideal for institutions or high-net-worth individuals.
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Personalized Service: Many OTC platforms offer 1-on-1 trade desk support, which typical exchanges don’t.
Both serve different user needs, but OTC is more tailored for bulk and strategic trades.