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Bitcoin OTC Broker Exchange.!

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Zodeak Tech
Bitcoin OTC Broker Exchange.!

Bitcoin Over the Counter broker services allows high trading volume. Business people who want to trade bitcoin at higher values can use the service. OTC provides a high liquidity option and to transfer 100,000$+ without price slippage. 

 

(Note: To start the business in cryptocurrency, a local bitcoin script is the best solution to improve the business sales graph).

The transactions will be easy even if the amount is very large. In normal cryptocurrency exchange if the transaction amount is very large it will cause some failure. By using the OTC broker exchange the amount will be transacted correctly without any problem occurring.

How To Trade Using OTC Broker

  1. Sign Up to the Bitcoin broker account through website or application. While creating the documents should be properly given.
  2. Once the documents are verified completely, they provide you communication channels to deal with the users.
  3. Users can request quotations to get Bitcoins from the brokers for the price range. 
  4. The quotation can be accepted by the users to get the Bitcoin transactions completely without any price slippage.

 

How Do OTC Brokers Work

OTC Brokers will have a panel network of buyers and sellers. The trade will be directly held by selecting prospective buyers and sellers by selecting a suitable broker. Trades are not publicly displayed in the broker panel. 

 

Benefits of Trading Over an OTC Broker

 

  • High Liquidity - High Liquidity option is provided to handle the large blocks of transactions.
  • Fixed Price - Brokers are given the fixed price for quotation to have the entire block.
  • Fiat Options - Bitcoin panel is provided with changing the cryptocurrencies with the fiat currency to exchange it easily.

Disadvantages of Bitcoin Broker Exchange

 

  • Limited Range of Cryptocurrencies - Bitcoin interface is provided only with the limited range of cryptocurrencies to use. 
  • Larger Order Size - The bitcoin broker exchange consists only of transacting the larger number of blocks i.e transacting more than 100,000$ in a single transaction.
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