📅 Effective from: June 27, 2025 (UTC)
Binance just rolled out a powerful upgrade for its Spot Block Matching system — and this one’s tailor-made for high-volume traders, institutional desks, and VIP clients looking for custom, efficient order execution through the API.
Let’s break it down — what’s changing, who can use it, and why it matters.
🚀 What Is Spot Block Matching?
Spot Block Matching is Binance’s solution for off-order-book, large-volume spot trades. Think of it as a private deal-making layer that lets whales, funds, and power traders match large spot orders without triggering slippage on the open market.
Now, with the latest API support, users can interact with this powerful matching engine programmatically — no manual forms or back-and-forths required.
🛠️ Key API Functions You Can Now Access
📩 Place a Spot Block Match Order
POST /sapi/v1/block-match/order/place
Initiate a new custom block order directly via API.
✅ Accept & Complete a Match
POST /sapi/v1/block-match/order/take
Take another user's block order and finalize the trade instantly.
❌ Cancel Your Open Order
POST /sapi/v1/block-match/order/cancel
Need to exit your request? Cancel in seconds via API.
⏱️ Extend Order Validity by +30 Minutes
POST /sapi/v1/block-match/order/extend
Give your order more life without needing to re-post it.
📊 Return Supported Symbols
POST /sapi/v1/block-match/symbols
Check which trading pairs are available for block matching.
🔍 Query Open Orders
POST /sapi/v1/block-match/order/query-open-order
View all your current open block orders.
📖 Query Order History
POST /sapi/v1/block-match/order/query-order-history
Pull up a complete history of your block trades via API.
> 📘 Full API docs available here: Binance SAPI Documentation
🧠 Who Can Use Spot Block Matching API?
This feature is exclusive to whitelisted users and available only via the Binance VIP Portal. If you're not already approved:
✅ Request Access:
Through your sales/key account Spot coverage team, or
Email: [email protected]
This ensures the feature remains optimized for high-value trades and advanced users.
🔐 Why This Update Matters
📈 For Pro Traders:
Seamless integration into your own trading infrastructure
Instant access to custom execution strategies
Avoid public slippage while moving size discreetly
🏦 For Institutions:
API-level control = faster decisions
More efficient OTC-style execution with full Binance liquidity
Transparent tracking with open order and history endpoints
📢 Important Notes
Spot Block Matching trades do NOT impact regular spot trading or liquidity
Supported trading pairs may change over time based on user feedback
This is a VIP-only feature, not open to general retail users
Always check the official API documentation for the latest endpoints and usage rules
🔗 Tag These Web3 & API Pros for Wider Discussion
@BinanceDev
@cz_binance
@WuBlockchain
@CryptoCred
@taobtc
@0xTommy
@blockworks_
$ETH
#ProTrading
#BlockMatching