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You may be familiar with block trades in traditional finance. In the world of stocks and securities, trading large quantities can create significant price movements on public exchanges like Nasdaq. To prevent volatility, investors or traders may choose to place block trades OTC (over the counter) or in the private market instead.
Similarly, in the cryptocurrency world, where assets with high market capitalization, such as Bitcoin (BTC) and Ethereum (ETH), are traded, colossal transactions can also cause substantial market fluctuations. This has led to the introduction of block trades in crypto.
This article discusses everything you need to know about block trades in the evolving world of cryptocurrencies.
Key Takeaways:
Block trades enable investors to execute large transactions discreetly, minimizing price fluctuations and slippage.
Block trades often come with reduced transaction fees, with Bybit’s P2P Block Trade service offering zero fees.
Block trading can involve regulatory risks, as OTC and private platform trades in crypto often face less regulatory oversight.