Over The Counter (OTC)

CoinGecko | 更新日: 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

Frontrun
To intercept a particularly large AMM buy order for the purpose of purchasing an reselling the assets back to the buyer before the order transaction is mind on the blockchain.
Bots
Refers to software or programmes that automatically trade based on preset behaviours.
Token
Blockchain based unit of value issued by an organization, which grants token holders a right to participate in a network.
Option
It is a financial instruments that refers to a contract offers the buyer the right to buy or sell an underlying assets at a specified price and time.
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