How does crypto OTC actually work?

Over-the-counter (OTC) trading desks like Circle Trade play an essential role in the crypto industry but few people understand why they’re important, how they work, and what separates one from another. As part of our mission to provide you with key market insights, we at Circle Research put together an in-depth look at the relevance, structure and taxonomy of crypto trading desks.

Similar to their counterparts in traditional finance, crypto OTC desks deal in immense volumes with seeming opacity, outside the periphery of the public eye. In this article, we’ll aim to…