The digital world is transforming in ways we never imagined, and Non-Fungible Tokens (NFTs) are leading the way. Thanks to blockchain technology and NFTs, social media platforms are beginning to experience a new level of engagement. From customizable avatars to augmented reality items, NFTs are giving big tech companies new ideas. This article will explore the potential benefits of using NFTs for social media platforms and the sector’s best practices. In this context, Instagram's experiment with NFTs represents a peculiar…
Over-the-counter
What Is Crypto OTC (Over-the-Counter) Trading?
Crypto OTC (over-the-counter) trading refers to the buying and selling of cryptocurrency assets outside traditional exchanges. Instead of using a centralized platform, such as a crypto exchange, buyers and sellers negotiate prices and complete transactions directly with one another. In a practical example, let's say that an institutional investor, such as a hedge fund, wants to purchase a large amount of Bitcoin (BTC) without driving up the price on a public exchange. Instead, they may reach out to a Bitcoin…
2 months ago 208 views
What are OTC (Over-the-counter) Bitcoin Exchanges?
Over-the-counter (OTC) exchanges are a type of exchange that allows users to trade bitcoin and other cryptocurrencies directly with each other without the need for a central exchange or market maker. Instead, the trades are facilitated by a network of dealers or brokers who act as intermediaries between buyers and sellers. OTC exchanges differ from traditional exchanges, such as Coinbase or Binance, as they are not required to follow the same regulatory rules and are not subject to the same…
3 months ago 375 views