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TrashPosterInTheDark
replied 2308d
Barricade
Are they an exchange? Never heard of them before.
Barricade
replied 2308d
Sincerely, I don't know what the hell they are.
replied 2308d
Yes, they're an OTC trading group.
En Fri Mand
replied 2308d
What is OTC exactly? Never understood this completely.
BitcoinIsP2PC4$H
replied 2308d
It stands for over the counter (aka hand to hand) trade 🤝
Sk8eM dUb
replied 2308d
It's just exchanging between two parties directly instead of using an online exchange.
En Fri Mand
replied 2308d
like localbitcoins and localbitcoincash?
replied 2308d
Yes, but more for institutional traders. Someone wanting to buy or sell $1M of BCH would tank an exchange, so it's done direct.
En Fri Mand
replied 2308d
I see! Thanks for explanation.