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En Fri Mand
replied 2277d
What is OTC exactly? Never understood this completely.
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BitcoinIsP2PC4$H
replied 2277d
It stands for over the counter (aka hand to hand) trade 🤝
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1,434
Sk8eM dUb
replied 2277d
It's just exchanging between two parties directly instead of using an online exchange.
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En Fri Mand
replied 2277d
like localbitcoins and localbitcoincash?
replied 2277d
Yes, but more for institutional traders. Someone wanting to buy or sell $1M of BCH would tank an exchange, so it's done direct.
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2,000
En Fri Mand
replied 2277d
I see! Thanks for explanation.


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