HOW TO BUY LARGE AMOUNT OF BITCOIN & ETHEREUM ANONYMOUSLY ACTUALLY WORKS IN 2022

Buying large sum of #Cryptocurrences e.g Bitcoin and Etheruem require extra work. Because you don’t want slippage of the exchange asking for additional price and additional info. So how do you trade bitcoin anonymously?

HOW TO TRADE THE OTC?

I have a mining farm with over 5,000 active miners all around the world. my miners have the #ASCI or the equivalent and they mine with their maximum mining power each day. I offer #OTC(OVER-THE -COUNTER) service, i call sell to you bitcoins in voluminous manner. My max volume each day is 300btc.

Contact michealalexander549@gmail.com or michealalexander on telegram.

HOW BITCOIN OTC ACTUALLY WORKS

Over-The-Counter or OTC Trading in the context of #Bitcoin and crypto, are private deals for buying or selling crypto. Because these transactions are not conducted on regular exchanges, there is no public order book. This provides increased privacy for both buyers and sellers.

The biggest appeal for OTC users is the privacy and low impact it has on market #prices. OTC caters to ‘Whales’ who are looking to buy or sell large amounts of cryptocurrency. If these ‘Whales’ chose to purchase a large sum of #crypto on an exchange, their transaction would be heavily impacted by slippage. This makes OTC trading a desirable option for high net worth individuals looking to make large trades.

The estimate is that more than half of all crypto trades happen privately. Moreover, some estimate that the volume of Crypto traded #OTC is two to three times larger than regular exchanges.

HOW OTC TRADING WORKS

OTC is by nature an intimate and bespoke service. OTC Traders maintain a network of crypto investors and crypto sellers. Additionally, larger OTC organizations maintain an inventory of various crypto currencies to meet their projected demand at any given time.

OTC Traders are constantly up to date on who’s buying, selling, and the best time to conduct a given transaction. Once a buy or sell order arrives, the #broker will procure the crypto or fiat necessary to execute the transaction.

HOW CAN YOU TRUST AN OTC DESK?

Using OTC can take time, and works best when there is a high degree of trust. Namely, traits of a trustworthy OTC derive from the accountability they hold themselves and the parties using their services to. Most notably, the Know-Your-Customer (KYC) form.

and the amount of information they ask in this document from their customers. Being able to prove your identity, funds, and source of your funds helps to protect people in the# OTC-network. The KYC form is a fundamental way for OTC organizations to ensure the funds being sent and received are legitimate. This validates both having the necessary funds as well as the source of the funds.

In most cases OTC Desks will take a position and execute the transaction for you. That means you confirm the amount to buy/sell and they’ll execute the transaction immediately (like at Micheal Alexander Desk). However, some OTC deals involve matching buyers with sellers. These situations make trust and execution difficult. The buyer and sellers are often separated by hundreds of miles and possibly have language barriers.

We always recommend meeting the people you’re buying and selling to after after a test trade(ideally in person) as a pressure gauge for trust. If the people are honest, transparent, and willing to disclose any necessary documentation. That’s normally a great sign that you are in the right place. With high value trading, it’s important to always feel comfortable with the people who’ll be sending and receiving your funds.