OTC stands for “Over the Counter”. It means buying or selling crypto directly from another person or company, instead of using an exchange.
Who Uses OTC Trading?
- Big Trades: Want to buy or sell a LOT of crypto at once? OTC is often the best way.
- Privacy: OTC trades don’t show up on public exchanges, so they offer more privacy.
- Special Deals: With OTC, you can negotiate the price and how the trade works directly with the other person.
How OTC Trading Works?
- Find Someone to Trade With: There are special companies (OTC desks) that help match buyers and sellers.
- Make a Deal: You negotiate everything – the price, how you’ll pay, how the crypto gets transferred.
- Complete the Trade: Usually the buyer and seller use a trusted middleman to make sure everyone follows through.
Why OTC Matters?
OTC trading gives people more options for buying and selling large amounts of cryptocurrency. It lets people who value privacy make trades without the whole world knowing.
