1. BITBILIHome
  2. Article

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

• 189 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

  • China’s Xi Jinping takes center stage in BRICS summit

    Description The recent BRICS summit, hosted by South Africa’s Cyril Ramaphosa, witnessed a significant transformation as the emerging-markets bloc decided to more than double its membership. While the formal host of the event was Ramaphosa, it was the Chinese President Xi Jinping who truly commanded the spotlight. With an air of special treatment and distinct honor, … Read more The recent BRICS summit, hosted by South Africa’s Cyril Ramaphosa, witnessed a significant transformation as the emerging-markets bloc decided to more than double its membership. While the formal host of the event was Ramaphosa, it was the Chinese President Xi Jinping who truly commanded the spotlight. With an air of special treatment and distinct honor, Xi Jinping’s presence resonated throughout the summit, demonstrating China’s growing influence on the global stage. An Unprecedented Welcome: Xi Jinping’s South African Sojourn From the moment Xi Jinping arrived for the summit, it was evident that he was accorded exceptional attention. The Chinese leader’s early arrival earned him a state visit privilege, including the induction into South Africa’s distinguished ‘Order of South Africa’. This reception, a…

    Article 2023年8月27日

  • Louis Vuitton digitizes iconic trunk as NFT

    TL;DR Breakdown Louis Vuitton is digitizing its iconic travel trunk as an NFT named the VIA Treasure Trunk. Blockchain technology has enabled a “phygital” trend, merging the physical and digital worlds. The French luxury house has previously shown tech-innovation with its participation in the Aura blockchain project. The fusion of the physical and digital world, known as the “phygital” realm, has been increasingly embraced by the fashion industry. The latest notable stride in this direction is Louis Vuitton’s reimagining of its quintessential travel trunk as a nonfungible token (NFT), named the VIA Treasure Trunk. Blockchain technology, characterized by its transparency and irrefutable evidence of ownership, has enabled the ownership of digital items to mirror the exclusivity and satisfaction experienced in the physical world. It has given rise to ‘digital twins’—unique virtual counterparts to physical objects. High on aesthetic value, these objects are at the forefront of the phygital movement, from Metaverse designer boutiques to online art galleries. Louis Vuitton embracing the phygital trend Louis Vuitton, the French luxury powerhouse, is no newcomer to blockchain. The company has consistently embraced technology…

    Article 2023年6月11日

  • Investor sentiment points to US recession

    TL;DR Breakdown Investor sentiment indicates a possible U.S. recession due to the inverted Treasury bond yield curve, despite resilient stock market performance. The Federal Reserve’s interest rate hikes could lead to reduced inflation and slower economic growth, exacerbating fears of an economic downturn. Description As confidence wavers in the United States economy, a subtle yet compelling shift is occurring on Wall Street. The Treasury bond market, ever the harbinger of economic conditions, is hinting at a looming recession, despite upbeat stock performances and an undercurrent of optimism from several analysts. The Federal Reserve’s string of interest rate hikes appears … Read more As confidence wavers in the United States economy, a subtle yet compelling shift is occurring on Wall Street. The Treasury bond market, ever the harbinger of economic conditions, is hinting at a looming recession, despite upbeat stock performances and an undercurrent of optimism from several analysts. The Federal Reserve’s string of interest rate hikes appears to be stirring concerns of an economic downturn, hinting at the profound divergence in market sentiment. The imminent threat lurking in the inverted…

    Article 2023年6月25日

  • Where to buy Worldcoin?

    TL;DR Breakdown Worldcoin, under the leadership of OpenAI’s chief Sam Altman, was released on Monday after collecting more than 2 million users during a beta period. At the core of the Worldcoin project is an eye-scanning “orb” that must be used in person and provides users with a unique digital identity to confirm they are real humans and not bots. WLD token is available on global crypto exchanges such as Binance, Huobi and Bybit. WLD has a circulating supply of 108,569,365 WLD coins and a max. supply of 10,000,000,000 WLD coins. Description Worldcoin, the ambitious crypto and digital ID initiative led by OpenAI’s chief Sam Altman, went live on Monday after years of development. The coin commits to verify users’ identities by scanning their eyes, potentially resolving one of the most pressing issues posed by recent advances in artificial intelligence, which have made it more difficult to … Read more Worldcoin, the ambitious crypto and digital ID initiative led by OpenAI’s chief Sam Altman, went live on Monday after years of development. The coin commits to verify users’ identities by…

    Article 2023年7月26日

  • Key takeaways from the U.S. June PMI report

    TL;DR Breakdown The U.S. June PMI report indicates steady growth in the services sector, despite increasing business costs. The manufacturing sector sees a contraction, with decreased demand and suppliers reducing prices. Description The U.S. June Purchasing Managers’ Index (PMI) reveals a mixed economic scenario. While the services sector continues its strong run, manufacturing faces a dip. Despite some economic headwinds, the U.S. private sector is chugging along steadily. Here’s an in-depth exploration of the key findings from the report. A steady pulse in the service sector Amid … Read more The U.S. June Purchasing Managers’ Index (PMI) reveals a mixed economic scenario. While the services sector continues its strong run, manufacturing faces a dip. Despite some economic headwinds, the U.S. private sector is chugging along steadily. Here’s an in-depth exploration of the key findings from the report. A steady pulse in the service sector Amid economic uncertainty, the services sector remains a robust contributor to U.S. growth. With a PMI score of 54.1, this sector witnessed a solid upturn in June, second only to May’s 13-month high. Fueled by confident…

    Article 2023年6月26日
TOP