Binance Launches Spot Block Matching API

What’s new: As of June 27, Binance has enabled a new Spot Block Matching API for eligible users. This feature allows developers and traders to:

Place and cancel block match orders automatically

Extend order validity by up to 30 minutes

Query matching symbols, open orders, and order history

Why it matters: This streamlines large-quantity trades and enhances execution efficiency for institutional and algorithmic participants.