OTC stands for over-the-counter, a term for trading outside a centralised exchange. See the general definition of OTC. In Worbit, this label appears beside certain instruments, such as Cardano (OTC).
Is OTC the same as a demo account?
No. OTC identifies a feature of the instrument or trading environment; demo means using simulated funds. OTC in a name does not, by itself, mean the trade uses fictional money. Check Cuenta demo (Demo account) or Cuenta real (Real account) before submitting.
Why check the full name?
The label is part of the selected instrument. Do not automatically treat Cardano (OTC) as the same product as buying Cardano on a cryptocurrency exchange.
In this guide's directional trading flow, you choose conditions and a price direction. The asset name alone does not mean you bought the coin to transfer to a wallet.
How do I find the label?
- Open Añadir activo (Add asset).
- Search for the instrument name.
- Check the OTC label in the result.
- After selecting, check the name at the top and in its Operaciones record.
Can I compare it with any external chart?
A comparison must account for the exact instrument, price source, time, time zone and precision. Similar names on two charts are not enough to conclude that prices should be identical.
To understand the price source or a difference from another service, ask support for the instrument's official specification. Do not assume OTC alone means random prices, 24-hour trading or weekend-only availability.
What are the market hours?
Worbit's market operates 24 hours a day, 7 days a week, including Saturdays and Sundays. You do not need to wait until Monday to access it.
Check the platform's asset list for a particular instrument. If it is locked or unavailable, read the notice and see how to check why. Continuous market operation does not, by itself, explain a restriction on an asset or your account.
Before using an OTC asset
Check the product, percentage, time and availability. If you do not understand the instrument, clarify your questions before using real money. Indicators and chart history do not guarantee future results.
See how to find assets and how to raise a price query.