OKX, the second-largest crypto exchange by trading volume, has achieved a significant milestone. Their Liquid Marketplace, an on-demand liquidity network for institutional traders, has exceeded $3 billion in trading volume. This is a testament to the success of the Liquid Marketplace in providing institutional traders with deep liquidity and reliable execution.

One of the noteworthy features of the Liquid Marketplace is the recently launched Nitro Spreads. This feature allows traders to make complex basis trades with simple one-click execution. It is one of the only basis trading tools in the crypto market where both legs of the trade are executed together via a central order book, eliminating leg risk between markets. Traders can select a guaranteed spread for a trade, ensuring that both legs are completed simultaneously.

The OKX Liquid Marketplace is known for providing access to deep institutional liquidity and a range of crypto trading strategies. In the first three months of 2023, the platform surpassed $1 billion in trading volume. And as of the end of June 2023, the trading volume has more than tripled that figure.

To further enhance its offering for institutional users, OKX is expanding its custody solutions by partnering with firms like Komainu. This collaboration aims to provide institutional clients with more transparency and control over their funds while maintaining capital efficiency, cost-effectiveness, and security.

OKX is a trusted platform with over 50 million global users. It is recognized as the fastest and most reliable crypto trading app for traders worldwide. Additionally, OKX is actively engaged in partnerships with renowned entities like English Premier League champions Manchester City FC and McLaren Formula 1. Their aim is to supercharge the fan experience and bring more creators into the web3 ecosystem.

OKX’s achievement in reaching over $3 billion in institutional trading volume on their Liquid Marketplace demonstrates their ability to cater to the needs of institutional traders. They continue to innovate and expand their offerings to provide users with a seamless and secure trading experience in the crypto market.