A dark pool is a private trading venue where transactions are conducted away from the public eye. In this setting, buyers and sellers can trade assets, like cryptocurrencies, without revealing their intentions or the details of the trades until after they are executed.These platforms cater to institutional investors or traders looking to make large trades without impacting the market price. By hiding their trading activity, they can avoid slippage, which occurs when large orders shift the market price unfavorably.Dark pools enhance liquidity but bring challenges, such as potential market manipulation and a lack of transparency. Because the trades aren’t publicly reported until later, it can be difficult for regular investors to gauge true market conditions or assess price movements. Understanding dark pools is essential for traders and investors aiming to navigate the complexities of the trading landscape effectively.