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otc News and Articles



China OTC trading crypto

After Stricter Regulations in China, Traders Turn to OTCs

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While the Chinese government takes measures to regulate the crypto industry, traders find the solution via OTC (over-the-counter) desks. As reported by Bloomberg, after China announced the latest crackdown, there has been a huge uptick in OTC service usage. Trading crypto isn't allowed in the...

OTC

What is OTC trading?

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Bitcoin trading is not only about making deals by amateurs on great crypto exchanges. OTC trading plays an influential role in the life of the coin market. OTC stands for Over-the-Counter, in literal translation - bypassing the counter / past the counter. Mostly big players are involved in it, that...

China

Chinese police freeze OTC trader bank accounts

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Over-the-counter crypto trader Sun Xiaoxiao on Friday, June 5, announced on his Weibo page that his bank accounts had been frozen. According to Sun, this is due to an investigation by the police about cryptocurrency transactions related to illegal activities. He claims that these measures could...

Binance OTC

OTC service from Binance is now available

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The popular cryptocurrency exchange Binance has launched an over-the-counter (OTC) trading portal. “The portal is a platform that works on the principle of requesting price offers in real-time. Users will be able to confirm transactions and quickly receive payments directly to their Binance...

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