Looking for advice or a free consultation? Or maybe just looking for favourable rates to buy and or sell your Bitcoin, either way we are here to help!
CNA OTC (over the counter trading)
CNA OTC is our institutional trading desk for large volume trades. We’ve established a robust network of institutional partners with deep liquidity to match any size order. Traditionally OTC refers to Over The Counter. Stocks that aren’t listed on an exchange are sometimes traded OTC.
Larger companies that are listed on domestic exchanges but not listed on foreign exchanges also have been known to be traded through OTC networks.
Broker networks are leveraged to often buy OTC stocks. In the Bitcoin industry this is not necessarily true. Bitcoin is traded on every cryptocurrency exchange.
Bitcoin OTC often refers to larger volume trades at a fixed price. These Bitcoin are bought and sold through OTC desks like CNA which are Bitcoin brokers. Buying and Selling Bitcoin in large quantities at a fixed price through an OTC desk alleviates risks like price fluctuation and liquidity problems that cryptocurrency exchanges may have.
What is Bitcoin?
Bitcoin is often referred to as a decentralized digital currency without a central bank administering it. It can be sent peer to peer without the need for intermediaries.