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, making it ideal for high-net-worth individuals and institutional traders. This guide covers the essentials of block trading, from account requirements to executing multileg strategies.

👉 Discover advanced trading strategies on OKX

Why Use OKX’s Block Trading Feature?

Avoid Slippage: Execute bulk orders without impacting market prices.
Flexible Instruments: Trade spot, perpetual swaps, futures, or options seamlessly.
Privacy: Trades occur off the public order book, preventing market manipulation.

Key Requirements:
– KYC Level 2 verification.
– Minimum account balance of $100,000.

Step-by-Step Guide to Block Trading

1. Access the Liquid Marketplace

Log in to your OKX account.
Navigate to Trade → Liquid Marketplace.

2. Create a Request for Quote (RFQ)

Click Start Trading → Build a New Custom RFQ.
Select your desired cryptocurrency (e.g., BTC, ETH) and instrument type.

👉 Start block trading with OKX today

3. Configure Trade Details

Choose Buy (B) or Sell (S).
Enter the trade amount and review the estimated notional value.
Use the Add/Edit Legs button for multileg strategies (e.g., hedging).

4. Select Counterparties

Send your RFQ to up to 15 counterparties.
Opt for anonymous trading to prevent front-running.

5. Execute the Trade

Review quotes on the RFQ Board and click Buy/Sell.
Confirm the order via Confirm Execute.

Benefits of Block Trading on OKX

Feature	Advantage
Price Stability	No slippage for large orders.
Multileg Strategies	Hedge positions or arbitrage across instruments.
Institutional-Grade Privacy	Trades are invisible to the public market.

FAQs

1. What’s the minimum balance for block trading?

You need $100,000 in your OKX account and KYC Level 2 verification.

2. Can I trade altcoins via block trading?

Yes! OKX supports block trading for hundreds of cryptocurrencies, including low-cap assets prone to slippage.

3. How long do RFQs remain active?

RFQs and quotes expire after 2 minutes.

4. Is block trading anonymous?

Yes—you can hide your identity from counterparties to avoid price manipulation.

5. Where can I view my block trade history?

Check the History tab on the RFQ Board or your email for trade recaps.

Final Tips

Use multileg strategies to optimize complex trades.
Monitor the RFQ Board closely—quotes are time-sensitive.
Ensure your account meets the $100K threshold before starting.

OKX’s Liquid Marketplace democratizes block trading, combining institutional tools with user-friendly access.

Disclaimer: Crypto trading involves risk. Consult a financial advisor before executing large trades.