What is the meaning of over the counter in the context of cryptocurrencies?
Aaditya TiwariMar 06, 2023 · 2 years ago5 answers
Can you explain the concept of over the counter (OTC) in the context of cryptocurrencies? How does it differ from regular exchanges?
5 answers
- Sameer HassanOct 13, 2020 · 5 years agoOver the counter (OTC) in the context of cryptocurrencies refers to the process of trading digital assets directly between two parties without the involvement of a centralized exchange. Unlike regular exchanges, OTC trades are typically conducted off the order books and are not visible to the public. OTC trading is often used for large transactions or for trading illiquid assets. It provides privacy, flexibility, and the ability to negotiate prices directly with the counterparty. However, OTC trading may carry higher risks due to the lack of regulatory oversight and transparency.
- Deepak KorrapatiApr 28, 2025 · 3 months agoSo, you wanna know what over the counter (OTC) means in the world of cryptocurrencies? Well, it's like a secret club where big players trade their digital assets directly with each other. No need to go through those regular exchanges that everyone uses. OTC trading is all about privacy and flexibility. You can negotiate prices and make big transactions without the whole world watching. But be careful, it's not regulated like those exchanges, so there might be some risks involved. It's like the wild west of crypto trading!
- StevenApr 26, 2025 · 3 months agoOver the counter (OTC) trading in the context of cryptocurrencies is a method of trading where buyers and sellers directly negotiate and execute trades without the need for a centralized exchange. OTC trading allows for larger trades to be executed without causing significant price movements in the market. It also provides privacy and allows for more flexible trading terms. At BYDFi, we offer OTC trading services to our clients, providing them with a secure and efficient way to trade large volumes of cryptocurrencies.
- sharkOct 11, 2022 · 3 years agoOTC trading in cryptocurrencies is like a backroom deal where big players make their moves. It's a way to trade large amounts of digital assets without causing a stir in the market. You can think of it as a VIP club for crypto traders. It's not for everyone, but if you're a whale, OTC trading might be your thing. Just remember, it's not as regulated as those regular exchanges, so do your due diligence and watch out for any potential risks.
- Thomsen SawyerAug 30, 2024 · a year agoIn the context of cryptocurrencies, over the counter (OTC) refers to the process of trading digital assets directly between two parties without the need for a centralized exchange. OTC trading is often used for large transactions that may not be easily executed on regular exchanges due to liquidity constraints. It allows for more flexibility in terms of pricing and trading terms. However, OTC trading carries higher risks compared to trading on regulated exchanges, as it lacks the same level of transparency and regulatory oversight.
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