common-close-0
BYDFi
Trade wherever you are!

What advantages does NASDAQ offer over OTC for cryptocurrency companies?

avatarKlavsen ReeceMar 19, 2022 · 3 years ago1 answers

What are the advantages that NASDAQ provides for cryptocurrency companies compared to OTC?

What advantages does NASDAQ offer over OTC for cryptocurrency companies?

1 answers

  • avatarMar 19, 2022 · 3 years ago
    When it comes to advantages for cryptocurrency companies, NASDAQ definitely stands out. NASDAQ is a well-established and respected exchange, known for its strict listing requirements and regulatory oversight. This can provide a level of credibility and trustworthiness that is often lacking in the OTC market. Being listed on NASDAQ can enhance the reputation of a cryptocurrency company and attract more investors, including institutional investors. This increased visibility and exposure can lead to higher liquidity and trading volume for the company's cryptocurrency. Additionally, NASDAQ offers a more regulated and transparent trading environment, which can help protect investors from scams and market manipulation. Overall, NASDAQ provides a safer and more reputable platform for cryptocurrency companies compared to OTC.