When your trade size is large, placing a regular market order might not be the best option. Binance's OTC block trading is designed specifically for big transactions.
What Is OTC Block Trading
OTC (Over-The-Counter) block trading is an off-exchange method where you trade directly with Binance's OTC desk on a one-on-one basis, bypassing the public order book. You tell Binance how much you want to buy or sell, they give you a quote, and if you agree, the trade executes instantly.
How Is It Different from Regular Trading
Slippage: On the regular market, a large order will eat through multiple price levels in the order book, causing the average price to deviate from the market price. OTC gives you a fixed quote with zero slippage.
Execution speed: A large regular order may take seconds to minutes to fill, during which the price can move. OTC trades are completed instantly once confirmed.
Fees: OTC fees are typically baked into the quote and not charged separately, making it more cost-effective than eating through the order book with a large market order.
What's the Minimum Trade Amount
Binance OTC block trading typically has a minimum threshold of 10,000 USDT or equivalent. The exact minimum may change at any time — check the Binance OTC page for the current requirement.
For amounts between 10,000 and 50,000 USDT, you can use the "Block Trade" feature directly in the Binance App. For even larger amounts, you can contact the OTC desk for personalized service and better quotes.
Who Should Use OTC
- Users with a single trade exceeding 10,000 USDT
- Users who are price-sensitive and don't want to deal with slippage
- Institutional investors or high-net-worth individuals who need a reliable large-trade channel
If your typical trade is only a few hundred to a few thousand USDT, regular spot trading is perfectly adequate — no need for OTC.
How to Use Binance OTC
In the Binance App or on the website, go to "Trade" → "Block Trade" or "OTC," select the coin and amount, and the system will provide a real-time quote. Confirm and the trade executes immediately, with assets arriving in your account right away.
New users who sign up through a referral link can enjoy referral fee discounts regardless of whether they use OTC or regular trading.