Traditional escrow is designed to give piece of mind, and protection, to sellers and buyers who exchange large sums of money. But in 2017, that protection was threatened by nearly $1 billion in escrow fraud. For consumers who’ve relied on escrow in past transactions,
Bitcoin over-the-counter (OTC) trading offers buyers a discreet way to conduct business. Several bitcoin marketplaces are trusted and popular, but transactions conducted there are attached to publicly viewable blockchains. OTC trading provides buyers the privacy they seek, allowing them to trade directly with individuals. Bitcoin OTC trading is decentralized banking in its truest sense.