What does Over-the-Counter Trading of Cryptocurrencies Mean?
What does Over-the-Counter (OTC) Trading of cryptocurrencies mean? According to
What does Over-the-Counter (OTC) Trading of cryptocurrencies mean? According to a survey conducted by the Bank of England, after the skyrocketing prices of digital assets such as Bitcoin in 2017 and 2018, cryptocurrency investors have flocked into the market. Now, there are reports that some institutions have started “investing” in cryptocurrencies. One US financial company recently launched a new exchange service called “Bitcoin” to meet their investment needs in Bitcoin and other virtual currencies. It is reported that the company has provided its clients with over 50 million dollars worth of virtual currency investment products, which are primarily used for Over-the-Counter trading, including through electronic wallets, online markets, and cash management.
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