What does BTC over-the-counter trading mean
What does off the field mean? In the coin circle, there may be some misunderstandings about btc For example, when you watch a video, you can find that someone has posted a message on their social media or group, but the content is actually an advertisement or screenshot posted online. These Weibo and WeChat messages are fake, and the news has also been posted on some websites. So the term ‘off the exchange’ used here means’ exchange ‘. So why is there such a saying? Because many media reports are about what BTC means off the field; If we consider it as a trading platform, there must be market demand
What does Bitcoin OTC trading mean
According to CCN, OTC trading in Bitcoin is a new type of Cryptocurrency exchange. The process of buying, selling, and exchanging Bitcoin by providing users with a regulated environment can be referred to as’ over-the-counter trading ‘ Due to traditional financial markets typically requiring banks, insurance companies, and other large institutions to hold funds for customers, some people often use over-the-counter transactions to achieve their own business. This type of venue includes countries such as the United States and Canada, where central banks monitor and supervise this activity.
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