1. BITBILIHome
  2. Article

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

• 202 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

  • Singapore’s inflation decreases to 3.8%, lowest point in over year

    TL;DR Breakdown Singapore experienced a further decrease in core inflation, dropping to 3.8 percent year-on-year in July, which marks the lowest point over a year. For the entirety of 2023, it is anticipated that headline inflation will average between 4.5-5.5%, while core inflation is expected to fall within the 3.5-4.5% range. Description Singapore experienced a further decrease in core inflation, dropping to 3.8 percent year-on-year in July, which marks the lowest point over a year. The decrease from June’s 4.2 percent can be attributed to a reduced rise in food expenses and a decline in electricity and gas charges. The Ministry of Trade and Industry (MTI) and … Read more Singapore experienced a further decrease in core inflation, dropping to 3.8 percent year-on-year in July, which marks the lowest point over a year. The decrease from June’s 4.2 percent can be attributed to a reduced rise in food expenses and a decline in electricity and gas charges. The Ministry of Trade and Industry (MTI) and the Monetary Authority of Singapore (MAS) announced this today, explaining the factors behind the decline….

    Article 2023年8月23日

  • De-dollarization will be a priority talk at BRICS meeting

    TL;DR Breakdown The upcoming BRICS summit in Johannesburg, South Africa, will discuss de-dollarization, a move away from the U.S. dollar in global trade. The Brazilian President, Luiz Inacio Lula da Silva, supports the use of national currencies and a potential BRICS common currency, like the euro. The BRICS bank is seen as an alternative financial institution, reducing dependency on Western-based financial mechanisms. Description As the world watches the shifting landscape of international finance, a crucial conversation is looming on the horizon. At the forefront of this dialogue is the forthcoming BRICS summit scheduled to take place in Johannesburg, South Africa, from August 22-24. This coalition, composed of Brazil, Russia, India, China, and South Africa, is predicted to place … Read more As the world watches the shifting landscape of international finance, a crucial conversation is looming on the horizon. At the forefront of this dialogue is the forthcoming BRICS summit scheduled to take place in Johannesburg, South Africa, from August 22-24. This coalition, composed of Brazil, Russia, India, China, and South Africa, is predicted to place de-dollarization high on its…

    Article 2023年6月27日

  • Mark Cuban’s MetaMask wallet drained  nearly $900,000 in suspected phishing attack

    TL;DR Breakdown Mark Cuban has reportedly fallen victim to a phishing attack, resulting in the theft of nearly $900,000. The incident was brought to light by popular crypto investigator WazzCrypto, who noticed unusual activity associated with a MetaMask wallet linked to Mark Cuban. One notable event was a $2 million transfer of USDC. Description Dallas Mavericks owner and prominent US investor Mark Cuban has reportedly fallen victim to a phishing attack, resulting in the theft of nearly $900,000 from one of his MetaMask wallets. The incident has raised concerns about the security of cryptocurrency assets. Suspicious activity detected The incident was brought to light by popular crypto investigator WazzCrypto, … Read more Dallas Mavericks owner and prominent US investor Mark Cuban has reportedly fallen victim to a phishing attack, resulting in the theft of nearly $900,000 from one of his MetaMask wallets. The incident has raised concerns about the security of cryptocurrency assets. Suspicious activity detected The incident was brought to light by popular crypto investigator WazzCrypto, who noticed unusual activity associated with a MetaMask wallet linked to Mark Cuban….

    Article 2023年9月16日

  • Asian countries hold meeting on de-dollarization measures

    TL;DR Breakdown Top officials from nine Asian countries met in Tehran to discuss de-dollarization. The meeting was under the Asian Clearing Union (ACU), with representatives from non-ACU nations also attending. Iran’s First Vice President, Mohammad Mokhber, referred to the move as an inevitable response to the ‘weaponization project of the dollar’. Iran is progressively moving away from the USD in bilateral trade with Russia and is seeking to join the BRICS economic block. High-ranking officials from across Asia converged in Tehran this week, placing the spotlight on talks surrounding the ambitious goal of de-dollarization within the region. Leaders from nine Asian nations came together under the umbrella of the Asian Clearing Union (ACU), opening discussions on lessening the influence of the US dollar on their economies. Asia’s response to ‘dollar weaponization’ In the 51st ACU meeting, representatives from Bangladesh, Bhutan, India, Iran, Maldives, Myanmar, Nepal, Pakistan, and Sri Lanka initiated a crucial dialogue on how to reduce their economic reliance on the dollar. Notably, figures from non-ACU nations such as Russia, Belarus, and Afghanistan also lent their voices to the…

    Article 2023年5月27日

  • Cboe amends Bitcoin ETF filing after surveillance agreement with Coinbase

    TL;DR Breakdown Cboe Global Markets has revised its Bitcoin ETF filing to incorporate its surveillance sharing agreement with Coinbase. Coinbase agreement boosts investor sentiment amid a legal battle with the SEC. Description Cboe Global Markets, a prominent exchange operator, has made revisions to five spot Bitcoin (BTC) Exchange-Traded Fund (ETF) applications by incorporating a surveillance-sharing agreement (SSA) with Coinbase. The Cboe ETF amendments were submitted to the United States Securities and Exchange Commission (SEC) on July 11. The ETFs in question are proposed by Invesco, VanEck, WisdomTree, … Read more Cboe Global Markets, a prominent exchange operator, has made revisions to five spot Bitcoin (BTC) Exchange-Traded Fund (ETF) applications by incorporating a surveillance-sharing agreement (SSA) with Coinbase. The Cboe ETF amendments were submitted to the United States Securities and Exchange Commission (SEC) on July 11. The ETFs in question are proposed by Invesco, VanEck, WisdomTree, Fidelity, and a joint fund by ARK Invest and 21Shares. Cboe confirms surveillance sharing agreement with Coinbase Cboe confirmed that it has reached an agreement with Coinbase to establish the surveillance-sharing agreements. The settlement between…

    Article 2023年7月13日
TOP