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On-Chain Over-The-Counter (OTC) trading platform, a pioneering service for meme tokens and Solana-based assets. Designed to bring more efficient, controlled, and scalable trading solutions to the Solana ecosystem.
Over-the-counter (OTC) trading typically refers to the process of trading assets directly between two parties without going through a centralized exchange (CEX) or decentralized exchange (DEX). Solbank is pioneering an On-Chain OTC trading platform on Solana, offering an innovative solution for more flexible, controlled, and efficient trades.
The main distinction between OTC trading and CEXs/DEXs is the nature of trade execution. While DEXs like Jupiter or OKX match orders in real-time, which can cause price slippage and increased volatility, OTC trading enables larger transactions to be conducted in a controlled and transparent manner without significantly affecting market prices. Solbank’s On-Chain OTC service stands out by allowing partial order fills, ensuring orders can be gradually filled over time to minimize the impact on prices.
In simpler terms, Solbank’s On-Chain OTC platform isn’t just great for sellers — buyers win too.
For sellers, it’s all about maximizing profits: lower fees, zero slippage, and more $$ in your pocket compared to traditional DEX trading. And for buyers, it’s a cost-efficient way to get more tokens. You pay less in fees, avoid inflated prices caused by slippage, and end up with more tokens for the same amount of money. It’s a win-win for both sides, offering a seamless and efficient way to trade tokens at the best possible value.
No Slippage: By facilitating OTC trades directly between parties, Solbank’s platform eliminates slippage, protects against MEV bots, providing a better price for both buyers and sellers. This is particularly advantageous for large transactions, where slippage on traditional DEXs can significantly impact the cost and value.
Low Fees: A flat 0.1% fee per transaction ensures cost-effectiveness. Unlike the varying fees found on DEXs or CEXs, this low, predictable fee structure allows traders to maximize their returns and make informed decisions without unexpected costs.
Efficient Liquidity Management: - For Sellers: Traders can liquidate large positions or sell portions of their holdings without affecting the token’s price or market chart. This prevents any negative price action or panic selling that would typically come from unloading large amounts on exchanges. - For Buyers: The OTC platform allows bulk buying behind the scenes, enabling buyers to acquire a significant portion of a token’s supply without triggering price surges. This translates to better average prices and cost savings for bulk investors.
Support for Project Owner - Sustainable Budget Management: Project owners can liquidate some of their holdings to obtain liquidity for essential needs, such as marketing and development, without harming the token’s price or affecting community sentiment. This ensures that the project has the necessary funds for growth while maintaining token stability.
Future Features & Upgrades: Solbank’s OTC platform is designed with an adaptable framework, allowing for the continuous rollout of new features and upgrades. This ensures that the platform remains cutting-edge, evolves with market needs, and provides enhanced functionality over time.
Learn more about OTC: https://medium.com/@solbankfi/solbanks-on-chain-otc-platform-revolutionizing-trading-on-solana-a9eb0bdc5313