Binance launches a private intention indication feature, primarily targeting users with trading volumes exceeding $200,000.

Odaily Planet Daily reports that Binance has announced the launch of a private Intent Indication (IOI) feature, allowing institutional users to express interest in large spot or loan transactions without disclosing market orders. This tool targets traders with single trades exceeding $200,000, aiming to help them execute large trades more efficiently through Binance's over-the-counter (OTC) trading platform. Intent Indications (IOIs) allow traders to privately express their willingness to buy, sell, borrow, or lend large amounts of cryptocurrency without placing orders or disclosing their intentions on a public order book. Intent Indications are common in traditional financial markets, helping institutions assess liquidity and negotiate terms without triggering the price volatility typically associated with large transactions.