With a flourish and a wink, Binance has unveiled a new OTC (Over-the-Counter) liquidity upgrade, ostensibly to better serve its institutional and high-net-worth clientele. Imagine, if you will, a grand banquet where the whales of the crypto sea feast on the finest liquidity, while the rest of us mere mortals watch from the shore. 🌊💰
- Binance has polished its OTC liquidity system to a gleaming shine.
- The exchange will now sip real-time prices from various external providers, like a connoisseur tasting fine wines.
- Traders will be treated to two distinct execution models, each with its own charm and allure.
On the illustrious date of August 28, Binance, ever the attentive host, announced an upgrade to its trade execution services. This new system will aggregate OTC liquidity and offer different execution models, all in the name of reducing slippage on those gargantuan trades that only the truly wealthy dare to make. 🤑
One of the most notable changes is that Binance will now draw real-time prices from external liquidity providers, including market makers, rather than relying solely on its own pools. This means that traders will have access to a veritable ocean of liquidity, making slippage as rare as a unicorn sighting in a crypto winter. 🦄❄️
But wait, there’s more! The exchange will offer two types of execution modes, each tailored to the discerning tastes of its clients. One mode allows users to enjoy instant OTC settlement in as little as 15 minutes-like a lightning-fast delivery from your favorite restaurant. The other mode, bespoke execution, relies on Binance’s proprietary algorithms, ensuring that every trade is as meticulously crafted as a masterpiece. 🎨
“Clients who prioritize pricing and speed for larger trades will enjoy our enhanced OTC service, and clients who prefer bespoke execution can also rely on us to fully manage the process for them. By tailoring solutions for the different segments, we help sophisticated clients from high-net-worth individuals and family offices to larger institutions optimize their crypto experience,” Catherine Chen, Head of VIP & Institutional at Binance, declared with a flourish of her pen.
Binance’s Institutional Client Base Grows 20%
According to Binance, the number of VIP and institutional users has swelled by 21% and 20% in the first half of 2025, compared to the same quarter last year. Trading volumes for these segments have also increased by 10% and 12%, respectively, proving that the appetite for crypto among the elite is as insatiable as ever. 🍴📈
“We are enhancing our execution capabilities alongside our other offerings to ensure we continue to be well-positioned to support our institutional clients’ growing demand for exposure to crypto,” Catherine Chen, Binance, added with a knowing smile.
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2025-08-28 20:17