Coinbase Derivatives offers block trading for BTI and ETI futures.
A block trade is a permissible, off-exchange, privately negotiated transaction either at or exceeding a Coinbase Derivatives determined minimum threshold quantity of futures contracts as set forth below, which is executed at a fair and reasonable price apart and away from the central limit order book. Additionally, after a block trade is agreed upon (the “execution time”), it is the responsibility of the parties to submit to Coinbase Derivatives within 15 minutes via email to the Coinbase Derivatives market operations group at blocktrade@coinbase.com. Phone calls will not be accepted. Please see CDE Market Notice 23-17 for more information on block trading on Coinbase Derivatives.