In these modern times where almost all transactions are being made online, we need to ensure the authenticity of the merchant we are buying from before actually spending our money. But how can we do that from the backs of our gadgets?
Just like other secured payment gateway systems, The OTC room provides escrow services who secure the goods first before releasing the buyer’s payment to the sellers. And in the crypto world, it’s one way of assuring buyer’s safety when purchasing crypto tokens by holding first their funds before totally releasing them until the seller delivers the tokens completely.
The OTC room previously only has one payment option, the ERC wallet, which has an escrow fee of 2% with a minimum of $40. But due to the increasing price of the ERC wallet’s fee and the slowing of its services, OTC room decided to open a cheaper and faster way for their buyers to transact with them, and it is through TRC wallet.
Both payment options, ERC and TRC, will remain available and it will still depend on the buyer’s preferences.
Find out how the OTC room works:
