What does OTC stand for in the context of cryptocurrencies?

3 answers

• Jan 08, 2022 · 3 years ago
  OTC stands for Over-The-Counter in the context of cryptocurrencies. It refers to the process of trading digital assets directly between two parties, without the involvement of a centralized exchange. OTC trading is often used for large transactions or for trading assets that are not listed on major exchanges. It provides privacy and flexibility for buyers and sellers, but it also carries higher risks due to the lack of regulation and transparency compared to exchange trading.
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• Jan 08, 2022 · 3 years ago
  In the world of cryptocurrencies, OTC stands for Over-The-Counter. It's a way of trading digital assets directly between two parties, without going through a traditional exchange. OTC trading is popular among institutional investors and high net worth individuals who want to execute large trades without impacting the market. It allows for more privacy and customized terms compared to exchange trading. However, OTC trading is less regulated and carries higher counterparty risk, so it's important to conduct thorough due diligence before engaging in OTC transactions.
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• Jan 08, 2022 · 3 years ago
  When it comes to cryptocurrencies, OTC stands for Over-The-Counter. This means that instead of trading on a public exchange, buyers and sellers directly negotiate and execute trades privately. OTC trading is commonly used for large transactions that require more discretion or for trading assets that are not listed on major exchanges. It offers more flexibility in terms of pricing and settlement options. However, OTC trading can be riskier as it lacks the transparency and regulatory oversight provided by traditional exchanges. It's important to work with reputable OTC brokers or counterparties to mitigate these risks.
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