Ismeidy
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🚀 Institutional Shift in Crypto! 🏛️
#Binance brings the strategy of #WallStreet to avoid the "Whale Effect" in massive orders
Binance has taken a fundamental step towards the maturity of the cryptocurrency market by launching the private Indication of Interest (IOI) function for large buy/sell orders and spot loans. It is the first crypto platform to import this system, common in traditional finance, to facilitate institutional transactions.
What is the IOI? It allows large operators (institutions and high net worth users) to indicate their interest in executing a large volume order (minimum of approximately $200,000) privately, without placing the order directly or revealing their intention in the public book.
The Problem to Solve: The execution of massive orders in public order books in crypto (especially in lower liquidity altcoins) causes an unintended effect: price slippage and market distortion. The IOI, being private, helps institutions assess liquidity and negotiate without causing sharp fluctuations.
Impact and Availability: The function is available for verified institutional clients and is channeled through Binance's execution and over-the-counter (OTC) service. The goal is to align crypto workflows with those of traditional finance, offering institutions better liquidity discovery and counterparty matching in a private and secure environment.
#CryptoNews #bnb $BNB
{spot}(BNBUSDT)
#Binance brings the strategy of #WallStreet to avoid the "Whale Effect" in massive orders
Binance has taken a fundamental step towards the maturity of the cryptocurrency market by launching the private Indication of Interest (IOI) function for large buy/sell orders and spot loans. It is the first crypto platform to import this system, common in traditional finance, to facilitate institutional transactions.
What is the IOI? It allows large operators (institutions and high net worth users) to indicate their interest in executing a large volume order (minimum of approximately $200,000) privately, without placing the order directly or revealing their intention in the public book.
The Problem to Solve: The execution of massive orders in public order books in crypto (especially in lower liquidity altcoins) causes an unintended effect: price slippage and market distortion. The IOI, being private, helps institutions assess liquidity and negotiate without causing sharp fluctuations.
Impact and Availability: The function is available for verified institutional clients and is channeled through Binance's execution and over-the-counter (OTC) service. The goal is to align crypto workflows with those of traditional finance, offering institutions better liquidity discovery and counterparty matching in a private and secure environment.
#CryptoNews #bnb $BNB
{spot}(BNBUSDT)
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.