OTC Space Airdrop is the first over-the-counter market protocol for cryptocurrency trades and transactions with no centralized authority. It is a new platform that allows users to trade cryptocurrencies or tokens that are otherwise unlisted or unavailable until the expiration of a lock-up period which is usually determined by the project teams.
OTC Space is giving away a total of 5 BNB & 500,000 OTC tokens to the top 120 participants. Sign up for the giveaway and complete simple tasks to earn entries. The top 20 participants will share 5 BNB and the next 100 participants will share 500,000 OTC. Also get 1 entry for each referral.
The top 20 participants with the highest entries will share 5 BNB and the next 100 participants will share 500,000 OTC.
Also get 1 entry for each referral.
The winners will be announced on July 26th, 2021.
What does OTC Space offer?
OTC Space proposes to use the same trading principle, but to solve all existing problems at the same time by deliverable futures smart contract collateral-based decentralized exchange.
1) Trades are processed automatically using Matcher
2) Prices depend on supply and demand
3) User funds are reserved on a smart contract until expiration.
4) Decentralized exchange assumes privacy for both parties involved.
Participate in high yield OTC market
Fix your profit
Sell tokens of promising blockchain projects during lock-up period to hedge your risks.
Buy before it’s too late
Hurry up to get the tokens of top-notch projects before they are listed on exchanges after which the price moons.
Earn rewards by providing liquidity.
Maintain complete anonymity while trading and participating in community governance.
Have full control over the funds.
Be a Boss
OTC Space is Decentralized organization and hasn’t CEO and other traditional managers. These roles are divided among the users.
How It Works
Trading on OTC Space is carried out in the form of deliverable futures.
Placing a Sell Order
Placing a sell order by a seller on OTC Space requires depositing a collateral that is equivalent to the amount of token to be sold in BUSD.
Placing a Buy Order
When a buyer wants to buy a token, no additional action is required other than click the buy button.
The deliverable futures transaction expires after the end of the token lock-up period.
After Transaction Expiration
The seller forwards the token to the buyer and their collateral is returned to them.
Seller’s transaction failure
If the seller failed to meet up the initial selling agreement, collateral they deposited in the smart contract is made available to the buyer.
And even More
OTC ERC-20 Swap
Allows ERC-20 tokens peer-to-peer trading securely and privately without any intermediaries or trading fees.
An unlimited range of applications and not limited only to OTC digital assets trading.
OTC ERC-20 Swap
An over-the-counter ERC-20 Swap is a smart contract between two parties that allows ERC-20 tokens peer-to-peer trading securely and privately without any intermediaries or trading fees. OTC Swap does not solve such problems as the time spent to find a counterparty or price negotiation and also does not allow exchanges of non-ERC-20 assets.
However, they decided to add this feature to create an opportunity to make transactions safely and third-party risk-free for traders who prefer to carry out trades peer-to-peer despite all the advantages of a decentralized futures contracts exchange.
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One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.