OTC
Peer-to-peer trades at a fixed price
OTC (over-the-counter, /v/<network>/otc) lets you offer an amount of one token for a fixed amount of another. There is no slippage: whoever fills the order gets exactly the amounts in it. Orders are held by Alcor's OTC contract on the selected network.
Tabs
- Orders — all open orders. Filter by the token being sold (Selling) and the token wanted (For), or search by token or account.
- My Orders — your own open orders.
- History — completed trades with maker, buyer, amounts and price.
Creating an order
Click Create, enter what You sell and what You receive, and confirm in your wallet. The tokens you sell are transferred to the OTC contract and stay there until the order is filled or cancelled.
Filling or cancelling an order
Open an order to see its price and amounts. Buy sends the requested tokens and you receive the offered ones in the same transaction. The maker can Cancel Order at any time to get the tokens back.
Anyone can create an OTC order with any token. Check the token contract before buying; orders that involve a known scam token are marked with a warning.