How to Block Trade Cryptocurrency on OKX's Liquid Marketplace

Block trading on OKX's Liquid Marketplace allows users to execute large cryptocurrency orders without price slippage, ensuring optimal entry and exit positions. This guide covers the essentials of block trading, from eligibility requirements to executing your first trade.

Getting Started with Block Trading

Prerequisites

To access block trading on OKX, you must:

Complete KYC Level 2 verification.
Maintain an account balance of at least $100,000.

Unlike traditional financial platforms, OKX lowers barriers for crypto traders, making large-volume strategies more accessible.

Step-by-Step Guide to Block Trading

1. Access the Liquid Marketplace

Log in to your OKX account.
Hover over "Trade" and select "Liquid Marketplace".

2. Start Trading

Click "Start Trading" on the Liquid Marketplace homepage.
If eligible, you’ll proceed to the block trading interface.

👉 Learn more about OKX’s trading features

3. Build a Custom RFQ (Request for Quote)

Navigate to the RFQ Builder.
Click "Build a new custom RFQ".

4. Select Your Asset

Choose from spot, futures, perpetual swaps, or options.
Enter the amount and select buy/sell.

5. Counterparty Selection

Send your RFQ to up to 15 counterparties.
Optionally enable anonymous trading.

6. Execute Your Trade

Review quotes on the RFQ Board.
Click "Buy" or "Sell" to confirm execution.

Why Block Trade on OKX?

Avoid Slippage: Large orders execute off-book, minimizing market impact.
Enhanced Privacy: Counterparties won’t see your full strategy.
Flexible Instruments: Trade spot, futures, options, and more.

👉 Explore OKX’s advanced trading tools

FAQ Section

1. Who can use OKX’s block trading feature?

Users with KYC Level 2 and $100,000+ balance qualify.

2. How long do RFQs remain active?

Quotes expire after 2 minutes.

3. Can I trade anonymously?

Yes—check the "anonymous" box when submitting an RFQ.

4. What assets are supported?

Hundreds of cryptocurrencies, including BTC, ETH, and altcoins.

5. How does block trading differ from regular orders?

It executes off-exchange to prevent price fluctuations.

Final Thoughts

OKX’s Liquid Marketplace democratizes block trading for crypto investors. By following this guide, you can leverage institutional-grade strategies while maintaining control over execution.

Disclaimer: This content is for informational purposes only and does not constitute financial advice. Crypto trading involves risks; ensure compliance with local regulations.


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