๐ Choosing an OTC Desk for Big Trades, Runner-Style Big crypto trades keep moving off exchanges and onto OTC desks. ๐In Finery Marketsโ report, institutional spot OTC volume grew 109% year over year, while the top 20 exchanges added just 9%. For a company with large trades, choosing a desk reminds me of marathon prep. Not a random comparison. Iโm training for New York right now, so two birds, one stone ๐
Hereโs how Iโd check a desk before procurement signs off: ๐น How far are you running? The largest trade you expect, say 15M $USDT, is your distance, and the desk has to handle it. ๐น Does the course stop early? A cap on trade size is like a route that ends at km 30. The rest of the order has to go to other desks. ๐น Can you hold the pace at km 35? Every desk looks fresh at km 5. Deep liquidity should keep the price steady on your biggest trade. On 15M, a price 0.2% worse could cost you $30,000. Most teams stop after the second question. The third is where that $30,000 hides. So Iโd pick a desk that was made for long distances from day one. WhiteBIT OTC, for example, could take trades from $100,000 and has no set maximum limit. https://institutional.whitebit.com/otc?utm_source=coinmarketcap&utm_medium=otc_martinc&utm_campaign=post Deals ัould go through a private chat with a personal manager, with prices quoted in real time and the full asset list available on request. The desk is designed for institutions and high-net-worth clients who need deep liquidity and no volume caps, so a 15M order could be handled as a single trade. Iโd still ask for a quote at the exact size first. At what size did your trades start running into delays or trouble? ๐ โ๏ธDisclaimer: This is not financial or investment advice. Do your own research before making any decisions. Use at your own risk. $BTC #Macro Insights# #BTC Price Analysis#