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
Stablecoin
Cryptocurrency with a price peg to fiat currencies or commodity.
Testnet
Shorthand for "Test Network", testnets are staging areas for experimenting new blockchain features.
Leverage
It is an investment strategy to gain potential return of the investment by borrowing the money
Kimchi Premium
The kimchi premium is the price difference between South Korean exchanges and other global exchanges for bitcoin.
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