Hey everyone. Does anyone know of any OTC brokers that are legit and have affiliate / referral plans for Bitcoin and other cryptocurrencies that you have used before?
Caleb and Brown is one that i'm looking at @ 100M AUD per day but i'm looking for more. What do you recommend?
If you are still new to trading Bitcoin OTC brokers, I advise you to study it first before continuing trading further, so that you become a successful trader.
Is not the right decision if you start right away with the
Caleb and Brown OTC you're looking for right now.
Learn the main things that are best for you, it's important.
I advise you to read it first below.Topic: Over the Counter (OTC) Cryptocurrency Trading - Explained in Details.There are many Bitcoin OTC brokers, which are currently available.
Example:
14 Bitcoin OTC brokers you need to knowBest Bitcoin OTC Brokers: Top Crypto Over-the-Counter Trading InvestmentsAll these decisions are with you both good and bad, knowledge is very important before doing something.
appreciate this insight. I'll be doing my due diligence for on-boarding clients.
I have heard that leading cryptocurrency exchanges are engaged in such activities. In any case, if you plan to make OTC transactions with huge amounts, then you should listen to the advice on the forum in the last place. Perhaps the experience of your friends or acquaintances of your friends can be valuable in this case.
I asked the forum for their insights of using OTC and if they have used any of these OTC brokers. I recently found a large OTC network so that's a positive.
I have heard that leading cryptocurrency exchanges are engaged in such activities.
That's right. It has become a trend amongst exchanges to offer OTC services because of the demand. Fee wise it's much more interesting because you can skip the part where you lose 10-15% in slippage by paying a broker a ~3% fee and get spot value without affecting the actual market price. Pretty neat.
In any case, if you plan to make OTC transactions with huge amounts, then you should listen to the advice on the forum in the last place. Perhaps the experience of your friends or acquaintances of your friends can be valuable in this case.
I would just recommend people to consult the exchanges offering OTC services because they will be dealing directly with one of them. It's always better to get information straight from the source than to have people on social media or friends say something that might not be of any help to you.
Paying 3% instead of 10-15% slippage is huge especially without moving the market too much. I'll be connecting with them further. Thanks!
