The innovative dark pool platform BlackOcean opens whitelist applications for the testnet
BlackOcean opens testnet whitelist applicationThe crypto liquidity platform BlackOcean has now opened the whitelist application for testnet users. The official team will send an email notification to users who successfully enter the whitelist, along with an operation guide for the BlackOcean testnet. It is important to note that the BlackOcean dark pool trading platform is scheduled to officially launch in the second quarter of 2021.
Whitelist users will be able to operate all systems of BlackOcean and personally experience the trading advantages of the BlackOcean dark pool. BlackOcean aims to provide liquidity pools and dark pool services for institutional clients and market makers, meeting the needs of all users.
Please visit the official BlackOcean website (https://bo.market/#services) and follow the official guidance to apply for the whitelist.
Additionally, BlackOcean has carefully prepared an incentive program for whitelist users participating in the testing:
TOP-3: FLY tokens worth $50,000 - $30,000 - $15,000, optimized trading conditions;
TOP-10: Extremely optimized trading conditions;
TOP-50: Optimized trading conditions;
BlackOcean aims to provide liquidity and executability for exchanges and OTC trading. This means users can connect to the BlackOcean liquidity pool and bridge their order flow (from clients) to their exchanges. BlackOcean's market makers will execute these orders for the exchanges and pay fees for the users' order flow.
Another feature of BlackOcean is the dark pool. BlackOcean can meet the demand of clients for each transaction exceeding $300,000 in the form of a request-for-quote model. Compared to ordinary exchanges and OTC, BlackOcean has the following two advantages:
- No counterparty risk ------ Transactions will be executed in an exchange model, and clients' assets will be stored in licensed custodians (Matrixport is the custodian for BlackOcean using Cactus);
- No market volatility ------ If you throw an order worth $300,000 into the exchange, you will cause price fluctuations and may suffer losses.
BlackOcean values building strong relationships with users, allowing all users to obtain detailed information and the latest news through official channels. You only need to visit the official BlackOcean website (https://bo.market) and submit your email to subscribe to official news to stay in touch.
