What are the best strategies to minimize OTC commission fees in cryptocurrency trading?

3 answers

• Osama Ahmed QureshiSep 05, 2025 · 6 months ago
  One of the best strategies to minimize OTC commission fees in cryptocurrency trading is to negotiate with the counterparty. OTC trading allows for more flexibility in terms of fees, so it's worth discussing and negotiating the commission rates. Additionally, you can consider using a trusted OTC broker who can help you find the best deals and negotiate lower fees on your behalf. It's also important to compare the commission fees offered by different OTC desks or brokers to ensure you're getting the best possible rates.
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• Jinfang RenOct 27, 2025 · 4 months ago
  To minimize OTC commission fees in cryptocurrency trading, you can also consider using decentralized exchanges (DEXs) instead of centralized exchanges. DEXs allow for peer-to-peer trading without the need for intermediaries, which can significantly reduce commission fees. However, it's important to note that DEXs may have lower liquidity compared to centralized exchanges, so you may need to carefully consider the trade-offs between lower fees and liquidity when using DEXs.
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• pushkaradityaAug 24, 2020 · 6 years ago
  Another effective strategy to minimize OTC commission fees in cryptocurrency trading is to use the services of a reputable OTC desk like BYDFi. OTC desks often have established relationships with liquidity providers and can offer competitive commission rates. They can also provide personalized assistance and guidance throughout the trading process. By leveraging the expertise and network of an OTC desk, you can potentially reduce commission fees and ensure a smoother trading experience.
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