For all of you big ballers looking to purchase mass quantities of BTC, look no further than Gemini!

Details: https://gemini.com/blog/introducing-gemini-block-trading/

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Introducing Gemini Block Trading
Gemini Launches Electronic Block Trading Facility

As part of our mission to continue to improve and expand our platform, we are excited to launch Gemini Block TradingTM, a fully electronic block trading facility. Block Trading enables our customers to buy and sell large quantities of digital assets outside of Gemini’s continuous order books, creating an additional mechanism to source liquidity when trading in greater size.

Here’s how it works: Any customer can place a block order that specifies: (i) buy or sell, (ii) quantity, (iii) minimum required fill quantity, (iv) and a price limit (the “Indication of Interest”). Market makers only receive quantity, minimum quantity, and the collar price — they do not receive any other information (i.e., side, price limit, etc.) related to the block order. If a market maker agrees to “make a market” that satisfies the Indication of Interest, the block order will be filled. To learn more, please see our Marketplace page. To participate as a market maker in Gemini Block TradingTM or for further information, please contact bizdev@gemini.com.

In accordance with our commitment to an equitable, transparent, and rules-based marketplace, block orders will be electronically broadcast to participating market makers simultaneously, ensuring best execution and price discovery for those participating in the program. Block orders do not interact with our continuous or auction order books. Trade information will be published via our market data feeds ten minutes following the execution of a block trade.

Onward and upward,

Team Gemini