Too Long; Didn't Read
Institutional investors and high-net-worth individuals (HNI) typically use <strong>over-the-counter (OTC) </strong>trading when they want to buy or sell a large amount of cryptocurrency.<br> <br>That’s because while 99% of people who want to buy or sell cryptocurrency can do it directly on an exchange, placing an extremely large order on an exchange can be a costly enterprise.<br> <br>Say that you’re an institutional investor trying to buy $1 million worth of Bitcoin, or that you’re a cryptocurrency start-up that’s trying to sell $1 million worth of Bitcoin raised through ICO. If you try to place such a large buy or sell order on a cryptocurrency exchange, the order can move the entire market up or down — and lose you a fortune.