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OTC

Shorthand for Over The Counter, which means crypto transactions that are made outside of an exchange, for example a direct transfer from one wallet to another one (peer-to-peer) ... usually as a result of a private trade.

It's also used in countries where exchanges are banned by law, or in case of large transfers that could have negative effect on the market price, in case of going through an exchange.


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Crypto Glossary
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Wei
The smallest denomination of ether. 1 Ether = 1000000000000000000 Wei (1018…
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