What is the meaning of off-book trading in the cryptocurrency market?

1 answers

• Lysgaard JansenSep 22, 2023 · 3 years ago
  Off-book trading in the cryptocurrency market refers to trades that are executed directly between two parties without being recorded on the public order books of exchanges. This type of trading is often used for large or specialized trades that may not be easily executed on the open market. Off-book trades can be negotiated privately and may involve customized terms and conditions. While off-book trading can offer flexibility and privacy, it also carries risks such as counterparty risk and limited price discovery. It is important for traders to thoroughly understand the terms and conditions of off-book trades and assess the risks involved before participating in this type of trading.
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