Bitcoin Forum
May 03, 2024, 09:42:49 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Economy / Service Discussion / Re: How to go about becoming an OTC broker? on: June 09, 2022, 09:41:34 PM
Anyone else?
2  Economy / Service Discussion / Re: How to go about becoming an OTC broker? on: June 08, 2022, 06:35:28 PM
I think there is a misunderstanding.

I am not looking to buy or sell a large quantity of bitcoin on the OTC market. Rather, I want to learn how to become an OTC broker (the intermediary between the buyer and the seller).

How can one go about becoming a broker?
3  Economy / Service Discussion / Re: How to go about becoming an OTC broker? on: June 07, 2022, 06:37:45 PM
Thanks for the reply LaGaulois!

I have a decent background in finance and accounting, so that shouldn't be a problem. I also figured that becoming an OTC broker will involve a licensing process with the jurisdiction in which I reside.

My biggest challenge right now is finding out more about the OTC market (how it works, where it operates, and how to make connects/form a network). Can you (or anyone) help me out on this front?

4  Economy / Service Discussion / Re: How to go about becoming an OTC broker? on: June 06, 2022, 12:22:13 AM
But is this applicable to an aspiring broker?

I want to become a broker/intermediary, not a trader (i.e., trading my own funds via OTC). I want to connect buyers and sellers, and then take a small piece of the action for myself.
5  Economy / Service Discussion / How to go about becoming an OTC broker? on: June 05, 2022, 09:53:24 PM
Hey all,

This is my first post  Smiley . I've been casually researching cryptocurrency over the past couple years now. While I want to get in on the action, I don't like the idea of just investing all in. I'd much rather start providing a service in the crypto space. I've read about crypto OTC brokers and I've been thinking that brokering smaller crypto deals could be a perfect way to enter the space. Right now, I am trying to figure out exactly how one goes about offering such a service (How does one become an OTC intermediary broker?). Where would I advertise my services? Where would I find buyers/sellers to broker the deals? How can I connect with other brokers? Do I haft to worry about government regulations (i.e., would I be considered a 'money service business?)?

I understand that, of course, it is my responsibility to do my own research, but I wanted to ask if someone could point me in the right direction? That would be much appreciated Smiley

Thanks all,

-- forbidd3nknowl3dg3
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!