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Is broker necessary for OTC crypto exchange??
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Topic: Is broker necessary for OTC crypto exchange?? (Read 152 times)
project_delta
(OP)
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Is broker necessary for OTC crypto exchange??
November 09, 2018, 07:53:55 AM
#1
I need help!
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BuyBuyBitcoin
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Get Maximalist or Get Wrecked
Re: Is broker necessary for OTC crypto exchange??
November 09, 2018, 08:15:19 AM
#2
Quote from: project_delta on November 09, 2018, 07:53:55 AM
I need help!
With posting or something else?
This is not how to do it.
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Kopyleft
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Future of Security Tokens
Re: Is broker necessary for OTC crypto exchange??
November 09, 2018, 08:21:04 AM
#3
There are platforms which offer OTC option and links buyers to sellers.
They have a community if cryptocurrency inclined individuals, and they supervise the sale for the interest of both parties.
You can also bypass that and have a face to face transaction.
Ensure you take all necessary precautionary measures.
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squatter
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STOP SNITCHIN'
Re: Is broker necessary for OTC crypto exchange??
November 09, 2018, 09:04:08 AM
#4
Normally, yes. That's why OTC services exist -- to broker deals between whales. OTC trades are for
really
large orders. We're talking hundreds of thousands or millions of dollars. You can't find that kind of liquidity on P2P markets, and you should be using a reliable escrow (like a reputable OTC service) for deals that large anyway.
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DJ_Rick
Member
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Activity: 241
Merit: 10
Re: Is broker necessary for OTC crypto exchange??
November 09, 2018, 10:31:49 AM
#5
I think that yes, there is a such a need! I have heard about such specially designed platforms which are going to help you in this issue. They can help to link buyers and sellers of crypto
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