Over The Counter (OTC)
By CoinGecko | Updated on Mar 03, 2020
It refers to the process that cryptocurrencies are being traded outside exchange and it is done directly between two parties. Some reasons why people opt for OTC is some coins are too small to be listed on exchanges or the cryptocurrencies are banned in certain jurisdiction.
Related Terms
Dusting Attack
A new form of malicious activity in which hackers and scammers attempt to undermine the privacy of cryptocurrency users by sending little amounts of money to their wallets.
Halving
Event that serves to reduce in half the reward of the Proof-of-Work miners that operate in the blockchain network.
When Moon
An expression used by investors to ask when the price of a coin would hit a peak
Peer to Peer
A communication protocol that does not require a central hub
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