What is the definition of over the counter market in the context of cryptocurrency?

3 answers

• DankDaddy8Nov 25, 2020 · 5 years ago
  The term 'over the counter market' in the context of cryptocurrency refers to a decentralized marketplace where digital assets are traded directly between buyers and sellers, without the involvement of a centralized exchange. Unlike traditional exchanges, OTC markets do not have a centralized order book or matching engine. Instead, trades are negotiated directly between parties, often facilitated by brokers or market makers. OTC markets are commonly used for large trades or for assets that are not listed on major exchanges. They offer increased privacy and flexibility compared to traditional exchanges, but may also carry higher risks and less liquidity.
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• felipe bohmFeb 04, 2022 · 4 years ago
  In simple terms, the over the counter market in cryptocurrency is like a peer-to-peer marketplace where individuals can buy and sell digital assets directly. It's like a digital version of a street market, where you can negotiate prices and terms directly with the person you're trading with. This type of market is popular for large trades or for assets that are not easily accessible on traditional exchanges. It offers more privacy and flexibility, but it's important to be cautious and do thorough research before engaging in OTC trades.
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• YouDontSayApr 08, 2025 · 5 months ago
  The over the counter market in cryptocurrency is a decentralized trading environment where buyers and sellers can directly trade digital assets without the need for a centralized exchange. This type of market is often used for large trades or for assets that are not listed on major exchanges. OTC trading allows for more privacy and flexibility, as trades are negotiated directly between parties. However, it's important to note that OTC markets may have lower liquidity and higher risks compared to traditional exchanges. It's always recommended to use reputable brokers or platforms when engaging in OTC trading.
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