Binance has officially launched Binance Mirror, an off-exchange settlement solution that enables institutional investors to invest and trade using cold custody.
Amid the crisis of centralized cryptocurrency exchanges , crypto exchange Binance is moving to improve its institutional trading services with cold custody opportunities.on Jan. 16 the official launch of Binance Mirror, an off-exchange settlement solution that enables institutional investors to invest and trade using cold custody.
The newly launched Mirror service is based on Binance Custody, a regulated institutional digital asset custodian, by mirroring cold storage assets through a 1:1 collateral on Binance account. Binance emphasized that the new solution enables more security, allowing traders to access the exchange ecosystem without having to post collateral directly on the platform, stating:
“Their assets remain secure in their segregated cold wallet for as long as their Mirror position remains open on the Binance Exchange, which can be settled at any time.”
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Binance Will Allow Institutional Investors to Keep Collateral Off the Exchange: Bloomberg.binance is reportedly removing a big hurdle for institutional investors, allowing them to keep their collateral off the exchange on Binance Custody while trading. By parikshitm899
Read more »
Introducing the Profit and Loss Statement On Binance P2P | Binance BlogIntroducing the Binance P2P PNL Statement 📄: 🔸 View and download a historical record of your buy and sell orders 🔸 Evaluate your financial performance 🔸 Keep records for taxation purposes. There's even more to it.
Read more »
This $15 magnetic windshield and mirror cover makes winter mornings easierWe’ve got you covered.
Read more »
Top 5 Lessons from CZ on MasterClass | Binance BlogIn case you missed it, cz_binance’s MasterClass series dropped last month! Here are the 5 main takeaways from CZ’s 18 videos and 3 hours 40 minutes of lessons.
Read more »
Binance CEO Trolls Jim Cramer as Bitcoin (BTC) Hits $21,500While $BTC absorbs the fall caused by FTX, CZ compliments famed crypto-hater Jim Cramer and asks for more bitcoin btc bitcoinnews cz binance bnb jimcramer cnbc
Read more »
Full-Year Review 2022 & Themes for 2023 | Binance ResearchAs we look ahead at opportunities for the crypto industry in 2023, it's also important to reflect and summarise on the year just gone. Our latest Binance Research report looks back on 2022 for the industry, and highlights key themes for the new year.
Read more »