LakeBTC - Dark pool ordershttps://www.lakebtc.com/p/2472?locale=enLakeBTC, one of the big four bitcoin exchanges around the world, launched the
dark pool trading feature to benefit average users by reducing unnecessary price fluctuations and better serve institutional investors.
Dark pool orders are not included in the public orderbook, and are invisible to financial market predators. Investors will be able to buy and sell large quantities of bitcoins without driving the market up and down dramatically and thus may achieve better execution prices.
In the meantime, dark pool will help minimize excess volatility therefore protect individual investors.
Why dark pool?Ultimately, the key benefit of trading in the dark pool is "price improvement". If an institutional investor places a large block public order to trade on the exchange, financial predators from all over the world will smell an intention spike in orderbook, which may promptly affect the price. While staying in the dark pool, they are not visible to the predators and thus avoid sudden changes in market prices.
How much does it cost?Currently there is no extra charge for dark pool orders. Minimum order size is 50 BTC.
About LakeBTCLakeBTC.com is a leading bitcoin platform with rigorous risk management and internal control schemes. Security, liquidity, and service are three attributes that make LakeBTC stand out of the crowd. More and more individual investors, miners, merchants, trading firms and institutions trade bitcoins, manage portfolios and hedge risks on LakeBTC every day.