What is the process of block trade?

Importantly, block trades executed on platforms like BTCC must occur at a price deemed fair and reasonable by all parties involved. This principle upholds the integrity of the market, ensuring that large-scale transactions do not unfairly influence prices or undermine the overall stability of the exchange.

Block trades, a type of financial transaction involving the simultaneous buying and selling of a large quantity of securities, are permissible in designated products on cryptocurrency exchanges like BTCC.

BTCC, as a leading cryptocurrency exchange, offers a comprehensive suite of services to cater to the diverse needs of its users. Its offerings include spot trading, allowing for the immediate purchase and sale of cryptocurrencies at current market prices.

These trades are subject to specific criteria, one of which is the minimum transaction size requirement. This threshold varies, tailored to factors such as the nature of the product being traded, the classification of the transaction, and the precise moment of execution.

Additionally, BTCC provides access to futures trading, which enables traders to speculate on the future value of cryptocurrencies and hedge against potential price movements. Furthermore, the platform offers secure wallet services, safeguarding users' digital assets and facilitating seamless transactions.