1. BITBILIHome
  2. Article

OKX’s liquid marketplace achieves a $3 billion trading volume milestone, empowering institutional traders

• 121 views

TL;DR Breakdown

  • OKX’s Liquid Marketplace reaches a milestone with over $3 billion in trading volume.
  • The platform focuses on serving professional and institutional traders in the crypto industry.
  • OKX partners with Komainu to offer secure custody services for institutional investors.

Description

In a groundbreaking milestone, OKX, the world’s second-largest cryptocurrency exchange by 24-hour trading volume, proudly announced that its Liquid Marketplace has soared past $3 billion in trading volume, solidifying its preeminent network catering to professional and institutional traders. This revelation, unveiled on Friday, demonstrates the resounding success of OKX’s on-demand liquidity network designed to facilitate … Read more

In a groundbreaking milestone, OKX, the world’s second-largest cryptocurrency exchange by 24-hour trading volume, proudly announced that its Liquid Marketplace has soared past $3 billion in trading volume, solidifying its preeminent network catering to professional and institutional traders. This revelation, unveiled on Friday, demonstrates the resounding success of OKX’s on-demand liquidity network designed to facilitate large-scale transactions involving digital assets.

To empower professional and institutional traders with seamless transactions, the Liquid Marketplace offers a unique feature called Requests for Quotations (RFQs), enabling them to submit their orders to market makers confidentially. Thanks to this discreet approach, the settlement market price remains minimally affected, ensuring a fair and equitable outcome.

Emphasizing its commitment to cater to the evolving needs of large businesses, OKX has forged a strategic partnership with Komainu, a licensed digital asset custody service provider. This collaboration highlights OKX’s dedication to bolstering its services and reputation as a go-to platform for institutional investors seeking secure storage solutions for their digital assets.

Further, enriching its range of offerings, OKX has introduced a revolutionary trading technique called Nitro Spreads on the Liquid Marketplace. Nitro Spreads, a one-click trading process, mitigate cross-market risk by executing both deal legs in real-time via a centralized order book. This cutting-edge feature enhances convenience and efficiency by allowing traders to utilize Nitro Spreads with any combination of the exchange’s spot, perpetual, and futures contracts.

The introduction of Nitro Spreads reinforces OKX’s unwavering commitment to innovation, providing traders with a powerful tool to navigate the complexities of digital asset trading while mitigating potential risks. Moreover, this addition further solidifies OKX’s status as a trailblazer in the crypto exchange industry.

By continuously expanding its suite of services and forging strategic partnerships, OKX is poised to cater to the ever-evolving demands of professional and institutional traders. The remarkable achievement of surpassing $3 billion in trading volume on the Liquid Marketplace demonstrates OKX’s unwavering dedication to excellence, cementing its position as a leader in the digital asset trading realm. OKX remains at the forefront as the market landscape evolves, delivering innovative solutions and facilitating seamless transactions for its esteemed clientele.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decision.

文章来源于互联网:OKX’s liquid marketplace achieves a $3 billion trading volume milestone, empowering institutional traders

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年7月3日 00:08
Next 2023年7月3日 02:22

Related articles

  • Why is the crypto market down today? The August 2023 heat

    TL;DR Breakdown The crypto market tanked as the benchmark U.S. Treasury yield rose to its highest level in nearly two years. The yields increased the day after the minutes from the Federal Open Market Committee’s (FOMC) July meeting reiterated hawkishness. Ripple (XRP) leads in market decline with the possibility that the SEC appeal could get a green light. Kevin O’Leary suggests that the Fed could continue to raise interest rates because of increased inflation in America. Description Rising U.S. bond yields are likely to blame for today’s downward price trend in the crypto market. Specifically, today’s crypto market is declining as the benchmark U.S. Treasury yield rose to its highest level in nearly two years. According to CoinGecko, the current market cap of all cryptocurrencies is $1.16 Trillion, a change of -3.4% … Read more Rising U.S. bond yields are likely to blame for today’s downward price trend in the crypto market. Specifically, today’s crypto market is declining as the benchmark U.S. Treasury yield rose to its highest level in nearly two years. According to CoinGecko, the current market cap…

    Article 2023年8月18日

  • BRICS finally abandons USD for global trade settlement

    TL;DR Breakdown BRICS plans to abandon the U.S. dollar for global trade, using local currencies instead. This initiative aims to boost local economies and assert independence from Western economic influence. An upcoming summit in Johannesburg will discuss expanding the alliance and defining guidelines for new members. Description The line has been drawn in the sand, and BRICS nations have made a stand that could shake the global financial landscape. The alliance of Brazil, Russia, India, China, and South Africa (BRICS) is putting forth an initiative to abandon the U.S. dollar for global trade, opting instead to strengthen their local economies through cross-border … Read more The line has been drawn in the sand, and BRICS nations have made a stand that could shake the global financial landscape. The alliance of Brazil, Russia, India, China, and South Africa (BRICS) is putting forth an initiative to abandon the U.S. dollar for global trade, opting instead to strengthen their local economies through cross-border transactions using local currencies. This decision, aimed at keeping their native currencies in control, marks a turning point that could…

    Article 2023年8月4日

  • Aptos price analysis: APT declines at $8.42 as bears take control

    TL;DR Breakdown Aptos price analysis is bearish today Support for APT/USD is present at $8.39 Resistance for APT is found at $8.52 The Aptos price analysis suggests the APT/USD price function has been suppressed by the bearish pressure, as a drop in price level has been reported for today. The bulls are trying to hold on to $8.39 after following the downward movement since morning. Currently, it is present at an $8.42 value as a slight bullish recovery has been detected in the last four hours. Although the bears tried to restrict the upward trend, the bulls are trying to proceed with their mission once again but are unable to uplift the price considerably as the bearish pressure still weighs on the price function, and the power of balance lies towards the bears. APT/USD 1-day price chart: Bearish momentum drags price to the $8.52 level The one-day Aptos price analysis is showing signs of bearish activity as the red candlestick has returned to the price chart. The past two days have proved crucial for the cryptocurrency, as a downward trend…

    Article 2023年5月22日

  • Valkyrie resubmits spot Bitcoin ETF application with Coinbase surveillance-sharing agreement

    TL;DR Breakdown Valkyrie Investments has resubmitted its spot Bitcoin ETF application, now including a surveillance-sharing agreement with Coinbase, in response to the SEC’s request for more clarity and comprehensiveness. The partnership with Coinbase aims to address the SEC’s surveillance requirements and signifies a potential shift in sentiment regarding spot Bitcoin ETFs. Description Valkyrie Investments has resubmitted its application for a spot Bitcoin exchange-traded fund (ETF) in the United States, making a significant update by including a surveillance-sharing agreement with Coinbase. It is important to note that the sudden move comes as a response to the U.S. Securities and Exchange Commission’s (SEC) request for more clarity and comprehensiveness … Read more Valkyrie Investments has resubmitted its application for a spot Bitcoin exchange-traded fund (ETF) in the United States, making a significant update by including a surveillance-sharing agreement with Coinbase. It is important to note that the sudden move comes as a response to the U.S. Securities and Exchange Commission’s (SEC) request for more clarity and comprehensiveness in the applications. Partnership with Coinbase to meet SEC’s surveillance requirements Nasdaq and Cboe Global…

    Article 2023年7月7日

  • Why is the crypto market down today? The CPI data aftermath

    TL;DR Breakdown Bitcoin and the entire crypto market take a nosedive following the Consumer Price Index (CPI) released yesterday. Today morning, two wallets linked to the US government – With Silk Road BTC holdings- moved $300 worth of BTC, bringing a negative sentiment to the crypto market. Some analysts believe it is only a matter of time before Bitcoin starts its partial recovery from a crypto meltdown in 2022. Description After a slight decline yesterday, both the Bitcoin (BTC) price and the crypto market cap displayed bearish indications. The current Bitcoin price, according to CoinMarketCap, is $30,595.80. B TC has a 24-hour trading volume of $14,855,555.780 million. In the past twenty-four hours, Bitcoin has declined by 0.33 percent.  According to CoinGecko, the current global crypto … Read more After a slight decline yesterday, both the Bitcoin (BTC) price and the crypto market cap displayed bearish indications. The current Bitcoin price, according to CoinMarketCap, is $30,595.80. B TC has a 24-hour trading volume of $14,855,555.780 million. In the past twenty-four hours, Bitcoin has declined by 0.33 percent.  According to CoinGecko, the…

    Article 2023年7月13日
TOP