An OTC Desk order is private and does not influence the market price.
If the volume of an OTC Desk order is e.g. 500,000 EURO this is executed exactly at the set price without influencing the market.
The difference between a Limit Order and an OTC Desk Order is that at a large volume the limit order can influence the market, there being the possibility that it cannot be executed (the entire volume) in a short time or even at all, the market going down or up depending on the type of order direction.
In addition to execution, the OTC service brings you the following benefits:
- Preferential exposure – being able to trade before having funds available in the Tradesilvania account, the replenishment and compensation being made after the transaction,
- 2000 cryptocurrencies available, being able to request any desired trading pair through OTC,
- you can trade the entire desired volume at the instantly displayed quote, without other variations on fractions of the transaction, with zero commission,
- minimum transaction limits, specialized dedicated support, and others.