4 clever crypto scams to beware — Dubai OTC trader Amin Rad
Cointelegraph
Published Apr 08, 2022 09:14AM ET
Updated Apr 09, 2022 09:40AM ET
Aminhossein Amin Rad runs an over-the-counter trading desk in Dubai, United Arab Emirates. Searching for a business after dropping out of university, he started to style himself as a Bitcoin broker in 2016. Starting with his first deal after five months of wading through scammers and tire-kickers, Rad went on to found Crypto Desk, a business-to-business exchange that now deals millions of dollars of private crypto transactions among its 2,500 clients every day.
But why do people use OTC desks when centralized exchanges offer lower fees, and what dangers come with the business? Rad spills the beans on a sector of the crypto world that flies under the radar for most retail traders.
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Written By: Cointelegraph
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