Cryptocurrencies have gradually become mainstream investment assets. Hence, like many, you’re probably looking for ways to add Bitcoin to your portfolio. However, figuring out where to start, particularly if you’re a high-volume trader, may prove challenging.
The typical methods average investors exploit for purchasing cryptos aren’t always suitable for crypto whales. Entities that want to buy large amounts of Bitcoin need to take a different approach. For them, the “normal” day-to-day exchange would incur exorbitant fees, slower transactions, and slippages.
That’s where over-the-counter crypto exchanges come into play. These brokers specialise in dealing with clients that place bulk orders and offer more favourable prices. Moreover, OTC exchanges can grant total anonymity to investors who wish to stay under the radar. As a result, their large orders don’t affect Bitcoin’s worth drastically.
This post explains the fundamentals of investing in crypto and how to buy large amounts of Bitcoin. It also covers the benefits of using an OTC exchange for crypto values exceeding $100,000.
What To Know When Investing In Crypto
Before taking the crypto journey, you must bear a few things in mind. Consider the following when taking the plunge into the cryptocurrency realm.
Beware of Scams
Social media abound with investment strategies that promise massive returns from novel crypto assets on a short note. Others exaggerate about the upward trend of prices. So far, dishonest crypto actors have stolen billions from people who failed to see through exit scams and Ponzi schemes.
Proper Timing
Cryptocurrencies are volatile assets that often fluctuate without prior notice. Seasoned crypto investors rely on the “buy the dip” principle and purchase more cryptos when market prices decrease. Conversely, when the asset reaches a high, you might consider selling it for profit.
Fiat Currencies Can Buy You Bitcoin
Crypto exchanges enable purchasing virtual currencies via different payment methods. Most prominent platforms allow debit and credit card transactions, wire transfers, and other digital payments, including PayPal and Venmo.
Pick A Reliable Crypto Exchange
If you’re planning to buy large amounts of Bitcoin cost-effectively, you need a top-notch crypto exchange. OTC platforms such as Nexinter offer high liquidity, versatile crypto assets, and robust security measures. Overall, ensure you put your trust in a regulated exchange with several payment methods, affordable prices, and quality service.
Safeguard Your Keys
You have the sole responsibility to keep your cryptocurrencies safe. Hence, besides a software wallet, consider storing your private keys in a hardware variant. This way, your crypto assets will remain secure and further from Internet-enabled thefts.
What Is The Easiest Way To Buy Crypto?
The most straightforward way to buy large amounts of Bitcoin involves a crypto OTC exchange like Nexinter. You only have to visit the platform’s website and create an account. Once settled, you’ll log in to your digital wallet and load it with a debit or credit card. Other payment methods such as wire transfers are available to buy crypto, too.
The final step includes choosing the preferred cryptocurrency and placing an order. Your OTC broker will deal with the rest of the procedure on your behalf and get you the best possible quote. All you need to do is pick the trading pairs and wait for your investment to grow.
What Is The Best Crypto To Invest In Today?
Considering all features of nearly 20,000 different crypto assets, of which almost half are inactive, Bitcoin tops our list. In addition to holding the throne for over a decade, Bitcoin’s current market capitalisation exceeds $500 billion. Yet, the crypto world is extensive and digital currencies constantly proliferate. Experts believe the total value of all known cryptocurrencies in May 2022 was almost $1.2 trillion. The all-time high of $2.9 trillion happened at the end of 2021.
Besides Bitcoin, less popular altcoins may also be worth your money and attention. For instance, Ethereum facilitates carrying out more complex financial transactions than Bitcoin. Similarly, Litecoin strives to support seamless payments as Bitcoin’s substitute. Other commonly traded and well-established cryptocurrencies include Cardano and Solana, both competitors to Ethereum. Finally, large investors should consider Dogecoin, which is highly valuable. Another sound alternative would be Stablecoins. The creators tailored these assets to remain stable relative to fiat currencies like the US dollar.
How To Buy Large Amounts Of Bitcoin?
The predominant options for making a sizeable Bitcoin purchase include traditional crypto exchanges and OTC exchanges. There’s no ideal approach, but depending on your financial goals, one alternative will work better.
Traditional Crypto Exchanges
On regular exchanges, you trade directly with other users. They feature an order book of all purchases made, and assets usually sell at the best rate. However, if you want to make a large-volume purchase, you might realise that sellers have a limited amount of Bitcoins for trading. Hence, you’ll have to place multiple orders and pay a different rate for every subsequent asset. The most commonly used regular exchanges are Kraken, Coinbase, Gemini, and Crypto.com.
Over-the-Counter Exchanges
OTC exchanges specialize in dealing with clients interested in large-scale trades. On the platform, you set the price with a broker in advance. Later, the broker acquires the requested Bitcoins on your behalf and transfers them to you for the agreed amount. Top OTC exchanges like Nexinter will complete the entire transaction in a brief timeframe and charge an overall premium price.
What Are The Main Advantages Of Using An OTC Exchange?
If you pick a solid crypto OTC exchange, it can help you realise your short and long-term investment goals. Below, we list the most significant benefits you’ll gain.
• OTC exchanges are ideal for less liquid and large-volume investors. Smaller companies that don’t qualify for standard exchange listing can trade over the counter. Conversely, entities can buy large amounts of Bitcoin without restrictions because these purchases circumvent public order books.
• Trading on an OTC exchange like Nexinter is cost-effective since the cost of new issues is lower and transaction fees are pocket-friendly.
• OTC exchanges are transparent, and information flows freely and fast. Market makers develop close relationships with their customers.
• An OTC market is decentralised, and trades happen digitally between two parties.
• OTC markets enable access to securities such as bonds, derivatives, and ADRs that aren’t available on conventional exchanges.