Cryptocurrency exchange Binance has upgraded its Execution Services to aggregate spot and options liquidity from a broad network of providers alongside its own order books, as per information provided to Finbold on August 28. The move is designed to deliver tighter spreads and faster execution for institutional clients.
Enhanced execution capabilities
The new setup allows users to choose between instant over-the-counter (OTC) risk-pricing or fully managed bespoke execution through Binance’s algorithmic trading tools.
The exchange currently supports Time Weighted Average Price (TWAP) and Percentage of Volume (POV) strategies, which can be run independently via the Binance VIP Portal or executed with assistance from Binance’s trading desk.
Similar to traditional finance, OTC trading enables large participants to secure risk-based pricing for large transactions while minimizing slippage and market impact.
Binance noted that settlement can occur in as little as 15 minutes, compared to the industry norm of T+1, with flexible options for extended settlement windows.
“Clients who prioritize pricing and speed for larger trades will enjoy our enhanced OTC service, and clients who prefer bespoke execution can also rely on us to fully manage the process for them,” said Catherine Chen, Head of VIP & Institutional at Binance. “By tailoring solutions for the different segments, we help sophisticated clients from high-net-worth individuals and family offices to larger institutions optimize their crypto experience.”
Binance reported that its VIP and institutional user base grew by 21% and 20% respectively in the first half of 2025 compared to the previous year, with corresponding trading volumes rising 10% and 12%.
“We are enhancing our execution capabilities alongside our other offerings to ensure we continue to be well-positioned to support our institutional clients’ growing demand for exposure to crypto,” Chen added.
The upgrade reflects ongoing efforts by major exchanges to replicate traditional finance infrastructure within digital asset markets, as institutional demand continues to expand.
Featured image via Shutterstock.
Source: https://finbold.com/binance-expands-execution-services-by-aggregating-otc-liquidity-providers/