Which digital currencies are commonly traded on the OTC market?

3 answers

• Dec 30, 2021 · 3 years ago
  Sure! Some of the commonly traded digital currencies on the OTC market include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and Bitcoin Cash (BCH). These cryptocurrencies are often traded in large volumes and are popular among institutional investors and high-net-worth individuals who prefer OTC trading for its privacy and flexibility. OTC markets provide an alternative to traditional exchanges and allow for direct peer-to-peer transactions without the need for a centralized order book.
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• Dec 30, 2021 · 3 years ago
  When it comes to the OTC market, Bitcoin (BTC) is undoubtedly the most commonly traded digital currency. Its liquidity and market dominance make it an attractive choice for OTC traders. However, other popular digital currencies like Ethereum (ETH) and Ripple (XRP) also see significant OTC trading activity. These cryptocurrencies have established themselves as major players in the market and are often sought after by OTC investors looking for diversification and potential high returns.
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• Dec 30, 2021 · 3 years ago
  At BYDFi, we have observed that Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are the most commonly traded digital currencies on the OTC market. These cryptocurrencies have a strong presence in the market and are widely recognized by institutional investors and traders. However, it's important to note that the OTC market is dynamic and can vary in terms of the digital currencies being traded. Other popular digital currencies like Litecoin (LTC), Bitcoin Cash (BCH), and EOS (EOS) also have a significant presence in the OTC market and are worth considering for OTC trading.
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