Does block trade mean buy or sell?

BTCC, a leading cryptocurrency exchange, offers a comprehensive suite of services that cater to the diverse needs of traders and investors in the digital asset space. Among its offerings are services related to futures trading, enabling users to tap into the lucrative opportunities presented by this segment of the market.

In the realm of futures trading, a block trade represents a significant transaction that stands apart from the norm. It involves the exchange of futures contracts, legally binding agreements that dictate the purchase or sale of an asset at a predetermined price and future date.

Specifically, BTCC provides a platform for spot and futures trading, offering traders access to a wide range of cryptocurrency futures contracts. Its user-friendly interface and advanced trading tools make it easy for traders to execute block trades and manage their futures positions effectively.

In addition to futures trading, BTCC also offers a wallet service that allows users to securely store their digital assets. This feature adds an extra layer of convenience for traders who wish to manage their futures contracts and cryptocurrency holdings in one centralized location.

These contracts serve as hedging tools for investors and traders alike, allowing them to manage risks associated with price fluctuations in the underlying asset. However, block trades differ from the typical smaller orders encountered in futures trading.