Whales rejoice! OKX has unveiled a new feature that allows institutions and high-net-worth individuals to execute bulk trades without moving the market. [Sponsored]
Large crypto orders can be challenging — and it can be difficult to get consistent, favorable prices when the markets are moving quickly.says Block Trading allows institutions and professional crypto traders to buy and sell cryptocurrencies in bulk, all while eliminating the risk of price slippage.
A broad array of assets are also supported through Block Trading, and Solana options were recently added to the list. Block Trading is designed to ensure that transactions can take place over the counter rather than in the open market, meaning it'll never end up hitting the order books. CEO Clément Florentin explained that the exchange has won plaudits for being user-friendly — and the launch of Block Trading presents"additional opportunities for us to quote sophisticated, multi-investment strategies, without the counterparty having to worry about slippage on execution."It's been a confident debut for Block Trading on OKX — but the exchange says this is just the beginning.
Clients who use Block Trading can also take advantage of 24/7 VIP support, with a devoted account manager and technical support team on hand to answer queries whenever they arise. And given the global nature of the crypto markets, this is especially important.
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