search
Homeweb3.0What are the OTC trading platforms? A complete inventory of OTC trading platforms

What are the OTC trading platforms? A complete inventory of OTC trading platforms

Oct 16, 2024 pm 07:07 PM
BitcoincryptocurrencyBinanceexchangetrading platform

Over-the-counter (OTC) trading platforms are cryptocurrency trading venues where trading occurs outside of a centralized or decentralized platform. The OTC trading aggregation includes a range of centralized and decentralized platforms such as Binance OTC, Huobi OTC, and Bisq. Factors such as liquidity, fees, security measures, customer support, and reputation should be considered when choosing an OTC platform.

What are the OTC trading platforms? A complete inventory of OTC trading platforms

OTC trading platform inventory

1. What is an OTC trading platform?

Over-the-Counter (OTC) trading platform is a place where buyers and sellers conduct cryptocurrency transactions outside of centralized or decentralized exchanges. Unlike centralized exchanges, OTC transactions are not executed publicly but take place directly between buyers and sellers.

2. Summary of OTC trading platforms

Centralized OTC trading platform

  • Binance OTC : One of the world’s largest centralized cryptocurrency exchanges, providing over-the-counter trading services.
  • Huobi OTC: Another leading centralized exchange, offering a wide range of OTC trading pairs.
  • OKX OTC: The OTC platform under OKX Exchange is famous for its high liquidity and security measures.
  • Kraken OTC: A regulated exchange that provides institutional-grade OTC trading services.
  • Bitstamp OTC: One of the oldest and most trusted cryptocurrency exchanges in Europe, it also offers OTC trading.

Decentralized OTC trading platform

  • Bisq: A decentralized, peer-to-peer OTC trading platform, no need intermediary.
  • Hodl Hodl: Another decentralized OTC platform that provides custody services to ensure transaction security.
  • LocalBitcoins: An established peer-to-peer OTC trading platform that allows users to buy and sell cryptocurrencies with fiat currencies.
  • Robosats: An OTC trading platform dedicated to Bitcoin Lightning Network assets.
  • Ren OTC: A decentralized OTC platform focusing on cross-chain asset transactions.

3. Factors for choosing OTC trading platform

When choosing an OTC trading platform, the following factors should be considered:

  • Liquidity: The trading volume and depth of the trading pair.
  • Fees: Fees associated with trading and withdrawals.
  • Security Measures: Security protocols and guarantees implemented by the platform.
  • Customer Support: The ability to respond quickly and solve problems efficiently.
  • Reputation: The credibility and reliability of the platform.

The above is the detailed content of What are the OTC trading platforms? A complete inventory of OTC trading platforms. For more information, please follow other related articles on the PHP Chinese website!

Statement
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
Immutable (IMX) zkEVM Network Usage Grows 5.7% Quarter-Over-QuarterImmutable (IMX) zkEVM Network Usage Grows 5.7% Quarter-Over-QuarterMay 04, 2025 am 11:26 AM

Immutable recorded steady growth in daily network usage in the first quarter of 2025. According to research by crypto analytics firm Messari, average daily transactions on Immutable zkEVM rose by 5.7% quarter-over-quarter

Dogecoin (DOGE) Price Prediction: Will Dogecoin Price See Revival Soon?Dogecoin (DOGE) Price Prediction: Will Dogecoin Price See Revival Soon?May 04, 2025 am 11:24 AM

The memecoin market is currently valued at $55.36 billion with a change of -1.94% over the past 24 hours. Moreover, with a drop of 13.30%, the memecoin segment has

A cryptocurrency trader's $111,000 loss in just five minutes has become a cautionary taleA cryptocurrency trader's $111,000 loss in just five minutes has become a cautionary taleMay 04, 2025 am 11:22 AM

According to Lookonchain, a blockchain analytics platform, A FOMO (Fear of Missing Out) driven trader spent 200K USDC to buy POPE

Stablecoins Are Signalling the Crypto Market's Sentiment and LiquidityStablecoins Are Signalling the Crypto Market's Sentiment and LiquidityMay 04, 2025 am 11:20 AM

The crypto market's sentiment and liquidity are signaled by stablecoins. They indicate whether the market is bullish or bearish.

Buy the Dip, 2X Your Coins: BTFD's FINAL100 Offer and 2900% Potential Makes It the Next Crypto to ExplodeBuy the Dip, 2X Your Coins: BTFD's FINAL100 Offer and 2900% Potential Makes It the Next Crypto to ExplodeMay 04, 2025 am 11:18 AM

The next crypto to explode? BTFD Coin, ai16z, and Snek are heating the charts. Don't miss BTFD's presale with 100% bonus & 2900% ROI potential.

Have You Ever Wondered Which Cryptocurrency Could Be the Next 100x Gem?Have You Ever Wondered Which Cryptocurrency Could Be the Next 100x Gem?May 04, 2025 am 11:16 AM

With meme coins setting the crypto world ablaze once again, investors are racing to find the golden opportunities before they skyrocket.

Vitalik Buterin Wants Ethereum to Embrace One of Bitcoin's Greatest StrengthsVitalik Buterin Wants Ethereum to Embrace One of Bitcoin's Greatest StrengthsMay 04, 2025 am 11:14 AM

In a recent blog post, Ethereum co-founder Vitalik Buterin proposed a series of changes aimed at simplifying Ethereum's Layer-1 design

Deribit, the world's largest cryptocurrency options exchange, is planning to expand into the United States.Deribit, the world's largest cryptocurrency options exchange, is planning to expand into the United States.May 04, 2025 am 11:12 AM

This decision follows a noticeable shift in the U.S. regulatory environment under President Donald Trump.

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

Video Face Swap

Video Face Swap

Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Tools

SublimeText3 Linux new version

SublimeText3 Linux new version

SublimeText3 Linux latest version

MinGW - Minimalist GNU for Windows

MinGW - Minimalist GNU for Windows

This project is in the process of being migrated to osdn.net/projects/mingw, you can continue to follow us there. MinGW: A native Windows port of the GNU Compiler Collection (GCC), freely distributable import libraries and header files for building native Windows applications; includes extensions to the MSVC runtime to support C99 functionality. All MinGW software can run on 64-bit Windows platforms.

mPDF

mPDF

mPDF is a PHP library that can generate PDF files from UTF-8 encoded HTML. The original author, Ian Back, wrote mPDF to output PDF files "on the fly" from his website and handle different languages. It is slower than original scripts like HTML2FPDF and produces larger files when using Unicode fonts, but supports CSS styles etc. and has a lot of enhancements. Supports almost all languages, including RTL (Arabic and Hebrew) and CJK (Chinese, Japanese and Korean). Supports nested block-level elements (such as P, DIV),

Dreamweaver Mac version

Dreamweaver Mac version

Visual web development tools

SublimeText3 Chinese version

SublimeText3 Chinese version

Chinese version, very easy to use