Binance Will Allow Institutional Investors to Keep Collateral Off the Crypto Exchange
11 Articles
11 Articles
Binance to allow crypto collateral off exchange for institutional users
The company said that such firms will have the option instead to post collateral with Binance Custody, which will hold the assets in so-called cold storage, or wallets that are unconnected to the internet
Binance to Let Traders Keep Crypto Collateral Off Its Exchange
Binance, the operator of the world’s biggest crypto exchange, will allow institutional investors to keep the collateral for leveraged positions off the platform, a move to ease concerns caused by the collapse of one-time rival FTX.
Binance Launches Off-Change Settlement Answer ‘Binance Mirror’ for Institutional Shoppers
The biggest crypto-asset change by world commerce quantity, Binance, introduced that its custody enterprise has launched an off-exchange settlement answer for institutional shoppers. With this answer, establishments can lock a specified quantity of crypto with a certified chilly storage pockets, and belongings will likely be mirrored on their Binance change account with a 1:1 stability.
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