Flippening - For Cryptocurrency Investors (bitcoin, Ethereum, And Cryptoasset Investing)

Welcome to Daily Wisdom, a daily crypto podcast from The Flippening. These episodes feature short, to-the-point clips from our full-length interviews. We talk with the men and women behind the trades, crypto exchanges, regulations, and crypto market cap movements with the goal of helping you become a better, more informed investor. Today’s episode is from a 2018 conversation with Kevin Zhou, co-founder and Head Trader at Galois Capital, a high-volume US-based OTC desk. We discuss why a crypto investor might place an OTC or over-the-counter trade, how desks make money, and how they manage risk. For the full conversation, check out Flippening episode 30. Sponsors Crypto Loans by Nexo Nexo is the only lender offering INSTANT crypto credit lines, which let you use digital assets as collateral to get cash in 45 fiat currencies and stablecoins. Annual interest rates for credit lines are now starting at just 5.9% - which may very well be the lowest borrowing rate in the whole industry. Nexo is also a strategic pa