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Loly

Do you know OTC market.

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Trading in an OTC market is similar to trading in the central market. The trader finds a broker, who acts as an intermediary between him and other dealers, as well as between him and companies and businesses that are not traded on the central exchanges.

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OTC means over-the-counter or off-exchanges trading is done directly between two parties.  Without the supervision of an exchange.It is constrasted with exchange trading ,which occur via exchanges .OTC trading has no physical location,trading is done electronically.

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Cryptocurrency that are traded over-the-counter are traded via a broker-dealer network. Trading on the OTC market is very risky, because the volume is small so it appears liquid. so OTC market is not a recommended to trade

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On 1/18/2020 at 7:45 PM, Pinki Chetterji said:

OTC market is similar to trading to the central  market. I am sure OTC market is100% safe.Now Igot some idea about the OTC market.

Most of the TC markets are registered and thus your activities are monitored, the thing i hate about them.

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I dont really know what is OTC market. As me ijust buy and sell to my trusted wallet app or in a very reliable exchanger like in coinsph its so easy yo buy and sell crypto as easy as 1-2-3.

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No I don't know anything about OTC market I have never heard of this market so I can't give you any idea but I will try to know about OTC market and let you know.

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The OTC market is a smart thought regarding simplicity and adaptability of managing without the mediation of any official body or control, particularly in nations that force a restriction on managing in advanced monetary forms

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Broadly speaking, Over The Counter or OTC is a capital market that is not listed on major stock exchanges, usually trading shares and other securities using a computerized network between dealers.

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Hello friend Yes, I know it. And I did it.

And I think that it is a system that has pros and cons And yet there are a lot of people who make a lot of money from this system.Its best Features He's not affected by the news at all.

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What are the benefits or losses of doing over the counter trades? If someone is starting out in trading should he first buy from OTC and then move into an exchange?


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The OTC market is characterized by intense competition between different brokers to try to gain great deals for them. And that transaction and conversion rates are low compared to the usual trading markets.

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I want add some things to your topic , the exchange like binance and houbi provide services like OTC market is very  good for market because if they don't provide that the people who have alot of bitcoins or people want buy big amount of bitcoin will go to dark web if want to do that.

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Is it profitable and safe to do and is it a high-cost exchange. I have never used the OTC market, if it's profitable and doesn't have a high risk and is safe to use I really want to visit there. I don't have much capital so I will adjust my capital.

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On 12/8/2019 at 1:58 AM, Loly said:

The OTC market is an acronym for Over The Counter Market

 

 It is a market for buying and selling bitcoin and crypto outside trading platforms

 Where traders and owners of large capital go to the OTC markets to buy or sell digital currencies directly with the other party, and an agreement is made between the seller and the buyer on the method of buying and selling, the quantity and the price

 

 The OTC market is resorted to to provide large quantities or to convert digital currencies into cash, or to avoid complicated conditions and regulations in some countries or platforms about buying and selling bitcoin and cryptocurrencies.

 

 

 Buying and selling deals in the OTC markets are done with the help of a broker, whether someone arranges the deal and verifies the seller and buyer data and provides the necessary guarantees to complete the deal or a site like Circle or the owner of a specific community in one of the social media is known among people with confidence

Thanks a great deal for this article mate I hadn't known about this until now  good information

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It may be control in countries that impose prohibitions on dealing in digital currency.. But this type of transaction contains the risk of exposure to fraud more than dealing in the official market and can also be used by experienced investors by several brokers.

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I do not know about this. I cannot give you information at this time. I am very sorry for that. But I'll be aware of this later and I'll let you know.

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On 12/8/2019 at 1:58 AM, Loly said:

The OTC market is an acronym for Over The Counter Market

 

 It is a market for buying and selling bitcoin and crypto outside trading platforms

 Where traders and owners of large capital go to the OTC markets to buy or sell digital currencies directly with the other party, and an agreement is made between the seller and the buyer on the method of buying and selling, the quantity and the price

 

 The OTC market is resorted to to provide large quantities or to convert digital currencies into cash, or to avoid complicated conditions and regulations in some countries or platforms about buying and selling bitcoin and cryptocurrencies.

 

 

 Buying and selling deals in the OTC markets are done with the help of a broker, whether someone arranges the deal and verifies the seller and buyer data and provides the necessary guarantees to complete the deal or a site like Circle or the owner of a specific community in one of the social media is known among people with confidence

This is new way to trade in crypto I guess,

Is this OTC safe, secured. Could they be a scammers. Hmmm.

Well to my fellow traders, read reviews about them before putting in your money🤐

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This is where more big exchange happens, We are talking about millions of USD moving in and out or changing hands in a OTC market. The only problem is this type of exchange is not affecting the realtime price of bitcoin


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On 12/8/2019 at 1:58 AM, Loly said:

The OTC market is an acronym for Over The Counter Market

 

 It is a market for buying and selling bitcoin and crypto outside trading platforms

 Where traders and owners of large capital go to the OTC markets to buy or sell digital currencies directly with the other party, and an agreement is made between the seller and the buyer on the method of buying and selling, the quantity and the price

OTC market is a form of decentralized exchange and I trade my Bitcoin-fiat more on OTC market. Advantage of OTC market includes you controlling your personal keys. When I sell Bitcoin on Remitano or nairaex, I get deposit of fiat in my bank account in minutes

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The electronic trading platform for unlisted securities, the OTC will be a starting point for trading bonds and bonds in a transparent and free manner, as this will maintain trading at a fair price, which reassures and motivates investors towards dealing with them within the regulatory frameworks of this market.

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I was not knowing about the OTC but after reading your post i cane to know about it.and found it as a good alternate of trading option for the bitcoin buying or selling..

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I really don't know about the OTC market. But one of my friend suggested me about this. Then i came to know that this is an option for trading and it's really good to start trading there.

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Wonderful information shared by you as i was not aware of such market but while seeing your post i am able to acknowledge such type of market and its feature this type of post is really needed in the forum for increasing the knowledge in different sectors. 

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I found several OTC markets in popular exchanges such as Kucoin and Binance. I hope you can also add this feature in the future. So we have more OTC market variations.

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