An over-the-counter (OTC) market is a decentralized market in which market participants trade stocks, commodities, currencies, or other instruments directly between two parties and without a central exchange or broker.

What is OTC Cryptocurrency?

Over-The-Counter or OTC Trading in a framework of financial technology and more precisely, within the crypto and Bitcoin space, is a private deal for buying or selling crypto. … Thus, once buyers or sellers place their orders, the OTC trader endeavours to purchase the assets needed to carry out a requested transaction.

What is an example of a OTC?

Popular examples include pain relievers like acetaminophen (Tylenol) and ibuprofen (Advil, Motrin), cough suppressants such as dextromethorphan (Robitussin) and antihistamines like loratadine (Claritin 24H). These drugs are usually located on shelves in pharmacies, grocery stores, and even in gas stations.