🐳🐳 What do you know about over-the-counter (OTC) trading on Binance (whales' special post)

🐳🐳 OTC trading on Binance is a service dedicated to investors and individuals who wish to buy or sell large quantities of cryptocurrencies away from the open market (Spot Market).

🐳🐳 The goal of this service is to complete large transactions directly between parties through a dedicated trading desk, without affecting the general market prices.

🐳🐳 Executing a massive transaction through the regular market may lead to sharp price movements (Slippage), while in OTC the price is predetermined between the seller and buyer fairly and smoothly.

🔥🔥 The Binance OTC service provides higher privacy, faster execution, and direct support from a specialized team to coordinate transactions. It is often used by large investors, financial institutions, and investment funds to trade large amounts in a single currency or to make transfers between different currency pairs.

🔥🔥 In this way, traders get guaranteed liquidity without negatively impacting the market, while benefiting from better terms and lower fees compared to traditional methods.