Binance rolls out private IOI feature for OTC trades over $200K

Binance has launched a private indication of interest (IOI) feature for its over-the-counter (OTC) trading desk, The Block reported. The new tool allows institutional investors and high-net-worth individuals to privately signal their intent to buy, sell, borrow, or lend large volumes of cryptocurrency without placing orders on the public order book. This service is available for verified clients conducting trades of at least $200,000.