Binance Rolls Out Private IOI Tool for Discreet Large Crypto Trades

Binance introduced a private IOI feature for large trades, letting institutional and high-net-worth users discreetly signal buy, sell, borrow, or lend interests over $200,000 via its OTC desk, minimizing market impact.

Binance has launched a private Indication of Interest (IOI) feature aimed at institutional and high-net-worth clients conducting transactions of $200,000 or more. This tool allows users to discreetly signal their intent to buy, sell, borrow, or lend large amounts of cryptocurrency without exposing their orders on public markets, thus minimizing price slippage and market disruption. The IOI process operates through Binance’s OTC desk, where indications are private, non-binding, and not visible on public order books. After submitting an IOI, Binance’s OTC team seeks counterparties and, if a match is found, contacts the user to confirm and finalize the deal. There are no fees for submitting IOIs; Binance earns revenue only when a trade or loan is executed via an embedded OTC spread. The feature is designed to enhance liquidity discovery, reduce execution risk, and provide greater confidentiality for large trades, aligning with practices in traditional finance. IOIs can be submitted via email or direct contact, with API support planned for the future.