๐Ÿงฉ The Binance Spot Block Matching API Update โ€” Here's What You Need to Know

๐Ÿ“… Valid from: June 27, 2025 (UTC)

Binance has just launched a powerful update to its Spot Block Matching system โ€” tailored for high-volume traders, institutional desks, and VIP clients seeking customized and efficient order execution through the API.

Let's break it down โ€” what's changing, who can use it, and why it's important.

๐Ÿš€ What is Spot Block Matching?

Spot Block Matching is Binance's solution for high-volume spot trades off the order book. Think of it as a private trading layer that allows whales, funds, and powerful traders to match large spot orders without triggering slippage in the open market.

Now, with the latest API support, users can interact with this powerful matching engine programmatically โ€” no manual forms or back-and-forth required.

๐Ÿ› ๏ธ Key API Features You Can Now Access

๐Ÿ“ฉ Place a Spot Block Match Order

POST /sapi/v1/block-match/order/place

Start a new custom block order directly through the API.

โœ… Accept & Complete a Match

POST /sapi/v1/block-match/order/take

Take another user's block order and finalize the trade instantly.

โŒ Cancel Your Open Order

POST /sapi/v1/block-match/order/cancel

Need to exit your request? Cancel in seconds through the API.

โฑ๏ธ Extend Order Validity by +30 Minutes

POST /sapi/v1/block-match/order/extend

Give more life to your order without needing to repost it.

๐Ÿ“Š Return Supported Symbols

POST /sapi/v1/block-match/symbols

Check which trading pairs are available for block matching.

๐Ÿ” Query Open Orders

POST /sapi/v1/block-match/order/query-open-order

View all your current open block orders.

๐Ÿ“– Query Order History

POST /sapi/v1/block-match/order/query-order-history

Query a complete history of your block trades through the API.

> ๐Ÿ“˜ Complete API Documentation available here: Binance SAPI Documentation

๐Ÿง  Who Can Use the Spot Block Matching API?

This feature is exclusive to whitelisted users and is only available through the Binance VIP Portal. If you're not approved yet:

โœ… Request Access:

Through your sales coverage team/key Spot accounts, or

Email: [email protected]

This ensures that the feature remains optimized for high-value trades and advanced users.

๐Ÿ” Why This Update Is Important

๐Ÿ“ˆ For Professional Traders:

Seamless integration into your own trading infrastructure

Instant access to customized execution strategies

Avoid public slippage while moving size discreetly

๐Ÿฆ For Institutions:

API-level control = faster decisions

More efficient execution OTC style with full liquidity from Binance

Transparent tracking with open order endpoints and history

๐Ÿ“ข 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 an exclusive feature for VIPs, not available for general retail users

Always consult the official API documentation for the latest endpoints and usage rules

๐Ÿ”— Tag these Web3 & API Professionals for a broader discussion

@BinanceDev

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