sFOX’s single integrated orderbook displays the aggregated orderbooks from many different major crypto exchanges and liquidity providers - including OTC providers.
Better prices when buying or selling
The best cryptocurrency prices available are often found in OTC venues. Previously only available to high net worth individuals, sFOX traders are now able to access OTC from the same orderbook that already gives them access to all major crypto exchanges.
More price transparency
OTC venues regularly source the best prices for cryptoassets and are generally more challenging to access than exchange prices. With OTC trading venues in the sFOX orderbook, OTC prices are displayed right alongside exchange prices to give you access to unique sources of liquidity.
Deeper liquidity and less slippage
Slippage refers to the difference between the price at which a trader expects a trade to execute and the price at which it actually executes. There are a number of reasons why slippage would occur — for instance, if a trader places a market order when the market is especially volatile, or when a trader places a trade large enough to move the market. With access to more liquidity, your largest orders run less risk of significantly moving the market.
Hidden order execution
Compared to exchange order books, OTC venue orders are not publicly visible to a large part of the crypto market. An order filled through an OTC venue will be hidden from the market at large, reducing the risk of your trade prompting a market response and incurring slippage.
Tips
OTC trades do not appear in the Time and Sales summary section below the orderbook
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