Binance announced the launch of a private Indication of Interest (IOI) feature for institutional users and high-net-worth clients who typically transact from 200,000 dollars upward. The tool allows users to signal interest in buying, selling, borrowing, or lending crypto without posting orders on public markets, reducing the price impact often caused by large transactions.
The exchange stated that the IOI process operates through its OTC desk, where indications remain private and non-binding. Once a user submits asset details, size and parameters, the OTC team searches for counterparties without exposing trading intentions.
When a match is identified, Binance contacts the user to confirm and finalize terms. IOI submissions carry no fees; revenue is only generated when a trade or loan is executed through an embedded OTC spread.
The feature aims to limit slippage, widened spreads and market disruption, concerns that frequently arise in assets with thin liquidity, particularly mid- and small-cap tokens. Binance added that IOIs serve requests that fall outside standard RFQ workflows, especially large blocks or longer-dated fixed-rate loans.
IOIs can be submitted via email or direct communication with the OTC desk, with API support planned for a later phase.
Source: Binance / Statements to The Block
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