The decentralized nature of Over-The-Counter (OTC) trading has brought innovation to markets like cryptocurrencies and carbon credits. CCarbon’s OTC trading platform takes it further, enabling secure, transparent, and decentralized carbon credit transactions. In this tutorial, we’ll guide you through the basics of OTC trading on CCarbon and why it’s a game-changer for sustainability.
Step 1: Understanding OTC Trading
OTC markets facilitate the direct trading of assets like carbon credits between parties without the need for a centralized exchange. This offers advantages like greater liquidity for large trades, privacy, and flexibility in pricing agreements
Key Benefits of CCarbon OTC:
- Real-Time Carbon Credit Tokenization: Converts verified carbon credits into blockchain tokens.
- Transparency & Security: Leveraging blockchain technology to ensure traceability and eliminate fraud.
- Customizable Trades: Allows buyers and sellers to negotiate prices directly.
Step 2: Setting Up Your Wallet and Account
To get started:
- Connect Your Digital Wallet: Use wallets compatible with blockchain standards, like MetaMask. Ensure you copy this link https://otc.ccarbon.world/ and put in a dApp browser that supports BSC Network as shown in the image below
2. Verify Your Identity: CCarbon ensures regulatory compliance with KYC (Know Your Customer) protocols. Here, you will have to bind your email as shown below.
Step 3: Initiating a Trade
- Browse Available Credits: View verified carbon credits listed for trade.
2. Negotiate Terms: Directly communicate with buyers or sellers to agree on price and quantity.
3. Finalize via Smart Contracts: Secure the deal through a tamper-proof smart contract, ensuring payment and asset delivery simultaneously.
Step 4: Monitoring and Reporting
Once the trade is complete, use the platform’s reporting features to track the impact of your credits. CCarbon’s dashboard also helps visualize your contribution to emission reductions.
Why CCarbon OTC Is Unique
CCarbon goes beyond trading by integrating wearable devices into its ecosystem, encouraging individuals to actively reduce carbon footprints while earning tokenized rewards. This bridges consumer-friendly innovation with sustainability goals, creating an inclusive and impactful market.
Final Thoughts
Carbon trading doesn’t just help businesses meet sustainability goals — it empowers individuals to make a difference. By using CCarbon OTC, you’re contributing to a cleaner, greener future while navigating a cutting-edge platform designed for the next era of carbon markets.
