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HomeGlossaryOver The Counter (OTC)

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.

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Related Terms

Atomic SWAP
Atomic Swap refers to the exchange of cryptocurrencies that operate in different block chains without intermediaries\
Side Chain
A separate blockchain ledger that runs parallel with the primary blockchain.
Faucet
A faucet usually represents a site or app where a user can navigate to for small rewards repeated over time.
Shitcoin
A coin with no obvious potential value or usage.
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