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Most of the Bitcoin trading volume does not originate from centralized exchanges. To the novice user community, that may seem rather strange. However, OTC has, and always will be, a far more liquid to buy and sell large amounts of cryptocurrency without affecting market prices directly. Below are six Bitcoin OTC traders most people have … Read more
While the major banks are taking their time with offering OTC crypto trading, new entrants to the space are stepping up to fill the void. Social investing platform Etoro, which focuses mainly on retail traders, is now expanding into the institutional segment with a new cryptocurrency offering. Also Read: This Week in Bitcoin: An End … Read more
Regulated cryptocurrency exchange Itbit announced today that it has received approval from the New York State Department of Financial Services to add more cryptocurrencies to its product offerings. The company will begin offering custody, escrow, OTC trading, and exchange services for BCH, ETH, LTC, and XLM, in addition to its existing BTC offerings. Also read: Yahoo! … Read more
Over-the-counter Bitcoin trading has become a lot more popular over the past few months. By cutting out the middlemen and centralized exchanges, platforms such as LocalBitcoins are surging in popularity. It seems a new competitor may emerge very soon, as PayFair is scheduled to launch in the near future. This platform works similarly to LocalBitcoins, … Read more
Lack of adoption in real life is a persistent reality that cryptocurrency has endured in the last 10 years of its existence. With that in mind, Fixy network aims to facilitate the use of cryptocurrencies in daily life through its versatile, yet user-friendly app which will be available on Android and IOS. It has two … Read more
The cryptocurrency trading market is about to receive an influx of more big banks, hedge funds and other financial institutions within the next few months to a year. A new survey shows that while most are keeping quiet in public about their crypto plans, many are preparing to enter the field. Also Read: Barclays Testing … Read more
The OTC bitcoin trading market appears to be attracting big banks and brokers from all over the world who wish to secure a piece of this growing pie for themselves. And the latest company that might create a brokerage specifically for the field is from the largest economy of South America. Also Read: Barclays Testing … Read more
Big players in the cryptocurrency space have set up their own private network for OTC trading, buying and selling billions every month among their little club. And instead of using Bloomberg, Symphony or anything of that caliber usually employed by traders on Wall Street, they just Skype it. Also Read: Chinese Engineer Arrested for Stealing 100 Bitcoin … Read more
