What Is OTC?

Over the Counter (OTC) in the crypto world is a way of trading cryptocurrencies that is carried out directly between two parties, without going through a centralized crypto exchange or exchange.

This method is often used for large transactions which can affect prices on the open market if carried out on an exchange. OTC provides more privacy for buyers and sellers, as well as the possibility of getting better prices, as there is no direct influence on market prices.

OTC in the crypto market offers advantages such as fast and efficient transactions, as well as price adjustments based on direct negotiations between buyers and sellers. This allows large investors or 'whales' to make large transactions without creating significant market volatility. However, OTC systems also have risks, such as a lack of transparency and the potential for fraud, due to the lack of strict regulation and oversight like on official exchanges.

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