Sense

Crypto Lesson with /sense 

What is an OTC transaction  ? 

A crypto OTC (Over-the-Counter) purchase is a type of cryptocurrency transaction that happens off-exchange, directly between two parties typically a buyer and a seller facilitated by a broker or OTC desk.

Key Features of Crypto OTC Purchases:

1. Large Transactions

OTC trades are usually used for large volume purchases (e.g., hundreds of thousands to millions of dollars in crypto). Executing large orders on public exchanges could move the market price, so OTC helps avoid this.

2. Private and Discreet

Unlike public exchanges, OTC trades are not visible to the market.

3. Personalized Service

OTC desks offer one on one service, providing price quotes, negotiation, and settlement support. Traders often work with a human broker rather than a platform interface.

4. Custom Pricing

The price in an OTC deal may differ from the exchange rate slightly, depending on volume, timing, and market conditions.

What is a Crypto OTC Transaction?
An OTC (Over-the-Counter) crypto trade happens off-exchange, directly between buyer and seller — often via a broker or desk.

🔑 Why go OTC?
Large size: Avoid slippage on big trades
Privacy: Not visible on public order books
Tailored service: Human brokers help execute deals
Custom pricing: Depends on volume and timing

Perfect for institutions, whales, and anyone needing size without shaking the market. 💼🔒

#CryptoEducation #OTC #SenseSessions #Web3Basics