What advantages does NASDAQ offer over OTC for cryptocurrency companies?
PlafkopMay 05, 2022 · 3 years ago1 answers
What are the advantages that NASDAQ provides for cryptocurrency companies compared to OTC?
1 answers
- May 05, 2022 · 3 years agoWhen it comes to advantages for cryptocurrency companies, NASDAQ definitely stands out. NASDAQ is a well-established and respected exchange, known for its strict listing requirements and regulatory oversight. This can provide a level of credibility and trustworthiness that is often lacking in the OTC market. Being listed on NASDAQ can enhance the reputation of a cryptocurrency company and attract more investors, including institutional investors. This increased visibility and exposure can lead to higher liquidity and trading volume for the company's cryptocurrency. Additionally, NASDAQ offers a more regulated and transparent trading environment, which can help protect investors from scams and market manipulation. Overall, NASDAQ provides a safer and more reputable platform for cryptocurrency companies compared to OTC.
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