“Over-the-counter” (OTC) refers to the direct trading between two parties without going through an exchangeAn exchange is a marketplace where traders can buy and sell cryptocurrencies and other digital assets. The "exchange" acts as... Read More. An OTC market is a decentralizedDecentralization, an aspect of blockchain technology, facilitates power or authority distribution among individuals, groups, or institutions. A decentralized structure allows... Read More marketplace without a central location. Rather than using a centralizedAn organizational structure wherein a small handful of actors have control over the entire network. Centralized in the context of... Read More exchange, participants trade directly with one another in either crypto-to-crypto or crypto-to-fiat transactions. One of the trading parties is typically an OTC deskAn OTC desk provides liquidity to clients looking to trade large blocks of securities outside traditional exchanges, quoting two-way prices... Read More. OTC markets provide an opportunity to trade assets not yet listed on exchanges or when trading would be too costly to execute on a cryptocurrency exchangeCryptocurrency exchanges are digital marketplaces where traders buy and sell cryptocurrencies using fiat and cryptocurrency. Currently, there are over 200... Read More due to the large amounts.
