What is the meaning of OTC in the crypto world?

3 answers

• Dec 17, 2021 · 3 years ago
  OTC stands for Over-the-Counter, which refers to the process of trading cryptocurrencies directly between two parties without the involvement of a centralized exchange. It allows for larger trades and offers more privacy compared to trading on an exchange. OTC trading is often used by institutional investors and high-net-worth individuals who want to execute large trades without impacting the market price. It is important to note that OTC trading carries its own risks, such as counterparty risk and lack of regulatory oversight.
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• Dec 17, 2021 · 3 years ago
  In the crypto world, OTC refers to Over-the-Counter trading. It's like a backdoor way to buy or sell cryptocurrencies without going through a traditional exchange. OTC trading is popular among big players who want to make large trades without causing price fluctuations in the market. It's a more discreet way of trading and offers more flexibility in terms of pricing and settlement. However, OTC trading is not without risks, so it's important to do your due diligence and work with reputable OTC brokers or counterparties.
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• Dec 17, 2021 · 3 years ago
  OTC, or Over-the-Counter, is a term commonly used in the crypto world to describe off-exchange trading. It's a way for individuals or institutions to trade cryptocurrencies directly with each other, without the need for a centralized exchange. OTC trading is often used for large trades that may not be easily executed on an exchange due to liquidity constraints. It offers more privacy and flexibility in terms of pricing and settlement options. However, OTC trading can be riskier compared to trading on an exchange, as it involves dealing with individual counterparties. It's important to conduct thorough research and due diligence before engaging in OTC trades.
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