Over The Counter (OTC)

CoinGecko által | Frissítve ekkor: 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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Kapcsolódó kifejezések

Explain Like I'm Five (ELI5)
To explain in such simple terms that even a five-year-old would be able to understand it.
Trustless
Entirely verifiable, without needing to trust or assume an action is done completely and in good faith.
Over The Counter (OTC)
It refers to the process that cryptocurrencies are being traded outside exchange and it is done directly between two parties
Testnet
Shorthand for "Test Network", testnets are staging areas for experimenting new blockchain features.
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