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Which digital currencies are not traded on the OTC (over-the-counter) market?

avatarRondinele de CastroDec 15, 2021 · 3 years ago3 answers

Can you provide a list of digital currencies that are not traded on the OTC (over-the-counter) market? I'm interested in knowing which cryptocurrencies are exclusively traded on traditional exchanges and not available for OTC trading.

Which digital currencies are not traded on the OTC (over-the-counter) market?
Digital Currencies
OTC Market
Traditional Exchanges

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Sure! There are several digital currencies that are not traded on the OTC market. Some examples include Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), and Litecoin (LTC). These cryptocurrencies are primarily traded on traditional exchanges such as Binance, Coinbase, and Kraken. OTC trading is commonly used for less liquid or smaller market cap cryptocurrencies.
  • avatarDec 15, 2021 · 3 years ago
    You got it! When it comes to digital currencies that are not traded on the OTC market, we can look at the major players like Bitcoin, Ethereum, Ripple, and Litecoin. These cryptocurrencies have a high trading volume and are listed on popular exchanges. OTC trading is more commonly associated with smaller or less well-known cryptocurrencies.
  • avatarDec 15, 2021 · 3 years ago
    Absolutely! While most digital currencies, including Bitcoin, Ethereum, Ripple, and Litecoin, are primarily traded on traditional exchanges, there are some exceptions. For example, BYDFi, a relatively new digital currency, is exclusively traded on its own platform and is not available for OTC trading. It's always interesting to see how different cryptocurrencies choose to operate in the market.

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