OTC

“Over the Counter” or OTC trading is a method of selling or buying cryptocurrency without the use of an exchange or other intermediary

The over-the-counter (OTC) market is a decentralized market in which market participants trade stocks, commodities, currencies or other instruments directly between two parties without a central exchange or broker. Over-the-counter markets do not have physical locations; instead, trading is typically conducted electronically. This is very different from an auction market system.

In an OTC market, dealers act as market makers by quoting prices at which they will buy and sell a security, currency or other financial product. A trade can be made between two participants in the OTC market without the others knowing the price at which the transaction was completed. In general, OTC markets tend to be less transparent than exchanges and are also subject to less regulation.

OTC markets are now a very popular alternative to cryptocurrency exchanges and exchangers for buying and selling cryptocurrencies. In particular, OTC markets offer cryptocurrency enthusiasts a higher level of privacy and a lower level of regulation.

The advantage and disadvantage at the same time is the lack of a centralized authority to control and oversee individual trades. Therefore, it is very important to choose a trustworthy partner for OTC trading, where there is no risk of being cheated and losing your funds.

If you are thinking of buying or selling cryptocurrency through an OTC trade but do not have a trusted partner to execute the trade, please contact us. Within our office, we work with several providers of these services with whom we have the best experience.