OTC Trading of Bitcoin - Explained
Bitcoin OTC Trading: The terms cryptocurrency , bitcoin , trading , ICO , STO , Blockchain seems to expand higher and higher in recent digital world . Let us know about something interesting in cryptocurrency world . OTC - Over The Counter Trade . Yeah . Let us have a brief introduction about the Bitcoin OTC Trading . Exchanges are the medium through which the trading of cryptocurrencies occurs . Exchanges helps people buy , sell , trade digital assets via online . OTC - Trading : OTC - Trading is a process of trade between buyer and seller outside the exchange . Every exchange will have a limit of trade or counter rate for trading . Users can trade only within that limit and the trading exceeding the limit is not possible in an exchanges . Thus there arised OTC trading process which involves the dealer network , through which trading takes place over the counter trade . There will brokers who helps sellers and buyers in trading and supervises the whole t...