Cryptocurrency Q&A What is an OTC counterparty?

What is an OTC counterparty?

Michele Mon Sep 23 2024 | 7 answers 1284

Could you please clarify what an OTC counterparty entails in the realm of cryptocurrency and finance? I understand that it involves transactions that occur outside of traditional exchanges, but I'm curious about the specific role of the counterparty in these transactions and how they differ from those on centralized platforms. Additionally, are there any risks or considerations one should be aware of when engaging with an OTC counterparty? What is an OTC counterparty?

What is an OTC counterparty?

otc counterparty definition

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