1/
🔥 Proud to announce the addition of the OTC swap feature to the #1inch dApp! 🔥
In a nutshell, it will allow performing zero-slippage trades protected from front-running ⚔️
🌐 Read our new blog post for more details ⤵️
#DeFi #cryptotrading
blog.1inch.io/otc-swap-featu…
🔥 Proud to announce the addition of the OTC swap feature to the #1inch dApp! 🔥
In a nutshell, it will allow performing zero-slippage trades protected from front-running ⚔️
🌐 Read our new blog post for more details ⤵️
#DeFi #cryptotrading
blog.1inch.io/otc-swap-featu…
2/
💡 Over-the-counter (OTC) trading is buying or selling crypto off-exchange to achieve the 📈 maximum degree of security and privacy.
🚴♂️ In OTC trading, market makers compete with each other to offer 🏆 the best swap price to the user.
💡 Over-the-counter (OTC) trading is buying or selling crypto off-exchange to achieve the 📈 maximum degree of security and privacy.
🚴♂️ In OTC trading, market makers compete with each other to offer 🏆 the best swap price to the user.
3/
Since the price is announced upfront and fixed, usually the user gets 💰 a better average price.
Advantage of OTC trading is that the quoted price is 🔒 locked in, and 👤 the user receives the exact quoted amount, with ❌ no slippage.
Since the price is announced upfront and fixed, usually the user gets 💰 a better average price.
Advantage of OTC trading is that the quoted price is 🔒 locked in, and 👤 the user receives the exact quoted amount, with ❌ no slippage.
4/
✅ The OTC swap feature works best for deals between $1K and $1M, making it a critical tool for 🐳 whales who move large amounts of crypto.
✅ The OTC swap feature works best for deals between $1K and $1M, making it a critical tool for 🐳 whales who move large amounts of crypto.
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