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🦄 ٩(͡๏̯͡๏)۶ 🐐
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Blockchair
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Barricade
Sincerely, I don't know what the hell they are.
Yes, they're an OTC trading group.
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En Fri Mand
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What is OTC exactly? Never understood this completely.
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BitcoinIsP2PC4$H
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It stands for over the counter (aka hand to hand) trade 🤝
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Sk8eM dUb
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It's just exchanging between two parties directly instead of using an online exchange.
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En Fri Mand
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like localbitcoins and localbitcoincash?
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🦄 ٩(͡๏̯͡๏)۶ 🐐
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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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En Fri Mand
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I see! Thanks for explanation.
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