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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

Genesis Block
It is the first block of data that is processed and validated to form a new blockchain, typically called as 'block 0' or 'block 1'.
Sell wall
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Smart contracts
Self executing contracts on the blockchain without needing human executors or notary.
Gwei
The monetary domination of gas, involving Ether
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