🌐Overview
Last updated
Last updated
The OTC market is a less formal trading space for stocks, currencies, and now cryptocurrencies and NFTs, allowing direct transactions between parties. It's particularly appealing for large-scale traders or "whales" who prefer to trade significant amounts without impacting market prices. Traditionally, crypto trading on this market faced risks due to the informal nature of platforms used, such as social media and messaging services, which were prone to fraud.
Dump.trade innovates by bringing smart contracts into the picture, drastically improving security and transparency for P2P trading of tokens and NFTs. Smart contracts automate and secure transactions by ensuring that terms are met before any exchange, minimizing the risk of scams and making the OTC market a safer place for trading digital assets.