OTC operations, from English Over The Counter, they do not occur in the same way as other market operations. These types of operations do not leave public record or alter the market price. It is usually used for large-volume purchases and sales, being the gateway to cryptocurrencies for institutional money.
What are OTC Trades?
CWhen we talk about OTC operations u Over-The-Counter, we mean transactions that do not operate or trade within a formal exchange.
Traditional purchases / sales are limited to market conditions. The purchase and sale orders are based on a public order book in which the open orders are reconciled with those that are published.
In OTC operations, conditions are negotiated bilaterally. The agreement between the two parties is private and the exchange takes place outside the public eye, resulting in an invisible operation for the market.
The key to understanding OTC trades is that they are mutually beneficial. In less "liquid" markets, large volume purchases or sales would do 2 things:
- Large increases (if it is a purchase) or decreases (if it is a sale) in prices, resulting in an alteration in the market and the sentiment of its participants.
- Large losses of money, since when you buy against the market order book, your operations raise or lower the price of the next orders you want to execute.
Of course, we want to emphasize that OTC operations are not illegal operations nor are they used to avoid paying taxes.
Advantages of OTC operations
If a person wants to buy or sell a large quantity, make an operation OTC The following main advantages can be provided:
- Saving money: One of the most important advantages. In OTC operations, money is saved by agreeing on a price that is beneficial for both parties, which does not have to correspond to the market price. This generates a WIN-WIN scenario for both parties.
- Privacy: The market will not see variations, hiding its entry or exit intentions. Furthermore, with a trusted intermediary between the counterparties, they do not need to reveal their identities to each other, the intermediary being the only one who knows both parties.
- Great limits: An OTC exchange is not tied to participating in an exchange under fixed rules. This gives participants the ability to trade securities more widely and without the low limits of traditional platforms.
OTC and cryptocurrencies
Despite Bitcoin being the cryptocurrency with the largest market capitalization, its capitalization is ridiculously small compared to those enjoyed by other types of fiat currencies, precious metals and the rest of traditional financial markets.
This is why, in the cryptocurrency sector, an OTC solution is so important.
Example: Let's imagine that you are someone who wants to buy bitcoin worth 100 million euros. Doing it through a traditional trading market would mean that only the first million euros were purchased at the Bitcoin price of that moment. The rest would be paying more and more expensive for each of the bitcoins. You yourself are raising the price of the bitcoins you want to buy.
On the other hand, if someone wants to sell 100 million euros in bitcoins, they would be lowering the price of each bitcoin, obtaining a lower profit for each one.
This is due to order book, and the depth / liquidity of the market.
Bit2Me Wealth – Leading European OTC Platform
Bit2Me It has clients from 110 countries, operates tens of millions of euros each year and has thousands of clients. Some of them, with great needs both in buying and selling cryptocurrencies.
In early 2019 we launched Bit2Me OTC, with the aim of providing a simple option for the conversion of large amounts of fiat money (such as euros or dollars) to cryptocurrencies (bitcoins or Ethereum ethers, among others). AND In 2024 the product evolved to Bit2Me Wealth, combining the OTC service, private banking and Bit2Me Premium. Everything together comes under the same brand, Bit2Me Wealth, but with many more advantages.
Large investors, financial institutions, governments, investment funds, small investor associations, miners, ICO / STO, blockchain projects, ... with Bit2Me Wealth they can take advantage of a multitude of advantages. From significant discounts, ultra-fast operations (even in 1 hour), to direct and personalized contact and advice with an assigned agent.
At Bit2me Wealth, we work to be the best partners possible and will help you make smart decisions with the best resources.
We have a extremely deep liquidity, immediate settlement in multiple currencies and flexible negotiation. All thanks to the connection of the transaction with more than 500 large clients from our database.
And not only that. In addition, we offer fixed price guaranteed for 24 hours: Imagine that you want to buy bitcoins worth 1 million euros. Our team will search for the best price in minutes and will keep it fixed for all your bitcoins for 24 hours. You will obtain tens of thousands of euros in savings compared to a transaction in a traditional market, without disturbing the market!
We have no maximum purchase volume limit. From € 100.000 to where you need it.
In the words of Leif Ferreira, CEO of Bit2Me, The new service seeks to offer:
"With Bit2Me Wealth You can trade what you want, whenever you want, with a fixed price. “We connect our database of large customers to facilitate transactions in a transparent and cost-effective manner, providing a fixed price for any amount of volume.”
Benefits of trading on Bit2Me Wealth
The Bit2Me Wealth It will allow you to enjoy a service of the best quality, security and reliability in its class. You will also have access to:
- Exclusive OTC Services
- Conditions and rates adapted to each client
- Exclusive and priority attention.
- Tailored conditions on crypto loans through Bit2Me Loan.
- Personalized access to large capital staking
- Invitations to exclusive events
- Unique referral agreement with up to 40% revenue share with the operations carried out by your referrals.
- Support for more than 20 crypto assets.
- Personal support: phone, email and chat.
- Experience from an industry leader with 10 years leading crypto asset trading.
- Operation limits ranging from €100.000
- Fast and safe operations.
- Exclusive access to pools liquidity in North America, Europe and Asia, to get the best price in your negotiation.
- 3 types of exchange:
- Fiat to cryptocurrencies (purchase of cryptocurrencies)
- Cryptocurrencies to cryptocurrencies (cryptocurrency swap)
- Cryptocurrencies to fiat (sale of cryptocurrencies)
How can I use Bit2Me Wealth?
The operation of Bit2Me Wealth it is fast and very simple. A powerful tool created so that everyone interested can access it and use it without complications.
To become a Bit2Me Wealth client simply register through this link
For the OTC service, your agent will be available to receive your purchase/sale requests. Purchase example:
- You contact your assigned agent. After knowing the details of the operation, needs and expectations, we will find the best price for you.
- You will be provided with a quote for the operation.
- If you confirm us, your OTC agent will close the deal.
- Once the payment is made, the cryptocurrencies will be sent to your wallet.
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