OTC Offerings

Over-The-Counter refers to the private deals for buying or selling crypto. Since these transactions are not completed on regular exchanges, there is no public order book. This provides extra privacy for both buyers and sellers. The cryptocurrencies are traded through a broker, in this case, the Alora Money Team. The Sell Tax for the OTC option will be lower than the market Sell Tax to show gratitude for using the option. The OTC tax fee will alter depending on the size of the order and the market situations. To use the platform’s OTC Method, the users will be required a minimum threshold of $10,000+ when either entering or exiting the Alora ecosystem.

• Alora will feature two types of OTC options:

The platform will match the user with another user that will be looking to execute an equal but opposite order for the OTC option. Alora Money will facilitate the OTC Trade via the Team Wallet for both parties. This will be public information that will be viewable at any time on the block explorer. Both the buyer and the seller will initiate the corresponding order and the agreed-upon tax/fee, and after the confirmation from both parties, the Alora Money Team will distribute the respective funds to each participant.

or

The Alora Team will assist with an entry and exit via the Team Wallet.

Our OTC offerings will be integrated into our dApp where users will be able to Freely Trade $ALORA P2P without hurting the price.