What is blocking price?

The essence of block pricing lies in offering customers a discounted unit price for purchasing larger quantities. As the volume of goods or services increases, the per-unit cost decreases, incentivizing bulk buying.

Block pricing, also referred to as tiered pricing, represents a pricing tactic that assigns varying costs to distinct quantities of goods or services. This method is prevalent in sectors where bulk purchases are commonplace.

With BTCC's services spanning from spot trading, which allows for the immediate buying and selling of digital assets, to futures trading, where investors can speculate on future prices, block pricing could be applied to offer more competitive rates for higher-volume transactions. Additionally, BTCC's wallet service, designed for secure storage of cryptocurrencies, might also benefit from tiered pricing for premium features or services.

This pricing model benefits both buyers and sellers. Buyers enjoy cost savings through reduced unit prices, while sellers ensure a stable revenue stream by attracting larger orders.

The adoption of block pricing can be seen across various industries, including retail, manufacturing, and even financial services. It's a flexible tool that allows businesses to tailor their pricing strategies to meet the unique needs of their market.