Winklevoss-Backed Gemini to Offer Block Trading Service to Crypto Whales
Posted: Mon Apr 09, 2018 10:15 am
Winklevoss twins-founded cryptocurrency exchange Gemini on Monday announced that it is introducing block trading facility in a bid to cater to the increasing number of institutional traders trying to trade with large amount especially hedge funds.
Gemini’s order book
Gemini’s block trading service will go live on April 12 at 9:30 am (EST). This feature will allow the customers to book high-value orders which will not appear on the exchange’s trade book until they are confirmed. The exchange will publish the trade information on its data feed every 10 minutes after the trades are executed.
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