NextHash – Large volume market provider
Buy more for your initial price
Since buying or selling large amounts of crypto assets could turn out to be a quite difficult task, NextHash is here to make your job a lot easier. For example, if you were to try to buy a few hundred Bitcoins, you could run into a lot of issues.
Even if a large corporation attempted to buy all of the assets on one exchange, odds are that no single user or entity will be able to sell hundreds of Bitcoins at once. The crypto environment are nothing like traditional brokers who trade penny stocks and other forms of financial assets. With volume the liquidity can quickly become an issue, so the larger asset buyers usually need to fill their buy orders from multiple sellers. If an institution was still attempting to buy in only one exchange, they would get a certain percentage of the asset at the going market rate, but would end up buying the larger portion of the remaining buying order at a significantly higher price. The expression for this particular example is known as “slippage” in the trading circles. Slippage occurs when you run out of people selling at normal market price, causing your buying orders to “slip” quite a bit further than the original market price.
To avoid slippage from happening, large buyers are better off spreading their share of purchased assets to multiple exchanges. Buying smaller amounts of BTC in our example, at the best available price on different exchanges is the only way the buying order price would almost match. But doing this on your own would be very difficult, since it would require a buyer to pass all onboarding procedures, which means spending a lot of time executing each individual trade and timing it all together. Not to mention the charges for every single transaction fee for every trade that they would make. Sounds complicated right?
Not really. If large volume buyers contact our NextHash OTC trading platform, we can offer them a single quote price order, if they accept the terms we’ll be sending them the ordered amounts of crypto assets in the matter of minutes. It’s as simple as that. Since NextHash is specializing in dealing with problems of sourcing large amounts of crypto, through us and with the help of our team, you’ll be able to buy as much cryptocurrency as you desire. You order, NextHash provides. Click here and contact us for more information.
