Binance Prepping Groundwork For Institutional Capital

Binance is a trading platform that has been continuously working to provide users with liquidity, security, and reliability. The selection of tradeable tokens and coins is widespread as well. Binance is able to provide such quality due to its technological foundation – that is, it has a high amount of market activity, all the while providing strong and steady service. Since its development, the platform has been continuously working on its technological side as well.

The technological development is only possible due to institutional investors. The platform is constantly working to ensure that it maintains traction and credibility with such investors and a result, the investor base has grown over time.

Aside from focusing on technology, the platform has also worked to develop a comprehensive service for all crypto traders. Vertex Venture’s closure of its strategic investment round will provide a future fiat-to-crypto process, and this is just one success in the platform’s path to growth so that it can adopt new asset classes.

A few months ago, the platform also introduced a new “tiered trading fee discount program.” The program features eight levels of discounts for those who hold corporate accounts and each’s trading fees have competitive pricing. The foundation of this system is the market maker/taker model, which works to provide traders with affable liquidity. There are also more benefits for high volume traders.

Corporate account holders also receive a great level of support. The platform has improved its corporate account management process so that requests and concerns receive more attention. There is also customization of API limits and withdrawal limits and the platform also has more flexibility concerning the evolving needs of clients.

Another addition includes the Binance research division, which offers users with institutional-grade research reports concerning blockchain projects. The projects provide transparency so that information is accessible within the cryptocurrency space.

The platform also offers a registration process for institutions that is straightforward and easy to use. Once users register an account, they can go to the user center to upgrade Corporate/Institute level. After the user submits the necessary information, the account managers go through the verification process and then two days later, they provide the user with confirmation. Upon approve, the account will be upgraded and users can withdrawal up to 100 BTC so that they can start trading.

The platform’s API system also ensures that businesses can directly access the platform. The security is maintained by several API access levels that can be customized for transfer, read-only permissions, and trading. The platform also has settings that limit which addresses the funds can be withdrawn.

Looking forward, the Binance is looking to roll out some updates that will improve and optimize users’ trading experience with a cross-functional set of trading management tools. A few other features include support for 200 sub-accounts, an overview of activity for sub-accounts, lack of fee transfers of funds, control of sub accounts, and more.

Those who are interested in learning more about the platform and its rapidly changing and improving services, just visit the platform’s website today.

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