Gemini Exchange Introduces BTC and ETH Trading Blocks

Home / Gemini Exchange Introduces BTC and ETH Trading Blocks

The new service is called Gemini Block Trading and will be launched on 12th of April. With Gemini Block Trading traders will be able to make large transactions, bypassing the main order book. In their interview for CNN, Gemini founders, Winklevoss twins, said: “Any customer can place a block order in which the following is indicated: I) the purchase or sale, II) the volume, III) the minimum amount of filling, IV) the price limit”. Thus, the marketmakers will only receive information about the volume, the minimum volume and the maximum allowable price.

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