bitcoinBTC/USD
$ 23,409.27
ethereumETH/USD
$ 1,875.32
tetherUSDT/USD
$ 1.00
cardanoADA/USD
$ 0.532075
xrpXRP/USD
$ 0.378287
usd-coinUSDC/USD
$ 0.999914

New Premier Platform For VIP Users And Institutional Investors Introduced By Binance

Bleta. M
In an effort to strengthen its institutional products and services, the new product is launching, according to the Twitter post by Binance.

The introduction of a new exclusive platform for institutional investors and VIP customers to trade digital assets was announced on June 24th by Binance, among the largest crypto exchanges.

Specialized services to high-net-worth individuals and institutional investors such as asset managers, hedge funds, and family offices are offered in the new advanced platform called ‘Binance Institutional.’ Algorithmic trading, asset management, and a brokerage program are some of the other services the platform offers.

A new Twitter account was created under the name of ‘Binance Institutional’ where the news was shared.

In an effort to strengthen its institutional products and services, the new product is launching, according to the Twitter post by Binance.

The webpage is not visible to Binance.US users however it is accessible through Binance’s main website.

Over-the-counter liquidity, advanced custody solutions, a suite of broker products, access to instant pricing, algorithmic trading execution, and a liquidity program for traders in spot and futures markets, is what the product offers, according to the webpage of Binance Institutional.

Despite the current market slump, Binance intends to continue expanding its operations with the introduction of ‘Binance Institutional.’

So far this month, nearly 1,700 crypto job losses have been revealed across all crypto trading platforms, amid many companies announcing massive layoffs due to ‘crypto winter.’

While the bear market is far from ending, now is an excellent opportunity for crypto companies to raise investments and attract more expertise, according to Changpeng Zhao (CZ), the CEO of Binance.

Binance intends to hire 2,000 additional employees and seek acquisition prospects thus remaining hopeful and confident during the current crypto conditions.

Binance’s CEO suggests that “poor” crypto ventures should be allowed to fail and should not be bailed out. However, he noted that major companies, such as Binance, need to assist industry members in surviving the present conditions of the market.

 

Also read:

Related News

Ethereum’s Last Test Run Before the Biggest Crypto Event is Over.

The last practice run for Ethereum’s long-awaited update, which has been touted as one of the most significant events in the history of cryptocurrencies, was just completed.  The so-called proof-of-work technique has been used for mining Ethereum since the cryptocurrency was launched about a decade ago. It needs an excessive amount of energy as well as the solving of difficult mathematical problems by an enormous number of competing machines. The

Read More »

More trouble for Coinbase as the US Supreme Court rejects its appeal

The SEC is investigating Coinbase, the largest cryptocurrency exchange in the US, for allegedly listing securities on its platform. The Supreme Court’s denial of the exchange’s plea has caused yet another major problem. According to Bloomberg, the US Supreme Court rejected Coinbase’s request to submit its user disagreement to arbitration right now. It was said that the court’s request for the justices to intervene in the case was rejected. The

Read More »

Hodlnaut Has Become the Latest Crypto Lender Platform to Block Withdrawals

The cryptocurrency lending platform Hodlnaut, which is headquartered in Singapore, has halted withdrawals, token swaps, and deposits, blaming “current market circumstances.” This makes Hodlnaut the latest in a series of cryptocurrency companies to go out of business since May. According to the notice made on Monday, the business also stated that it will revoke its registration with the Monetary Authority of Singapore (MAS) to provide digital token payment services. According

Read More »

My Coins

bitcoinBitcoin
$ 23,409.270.14%
ethereumEthereum
$ 1,875.321.67%
cardanoCardano
$ 0.5320751.52%
tetherTether
$ 1.000.11%

Newest Videos on YouTube

We inform and educate people about Cryptocurrencies and Blockchain technology.

© Copyright 2021, All Rights Reserved,
Crypto Academy

Bitcoin

Contact Us

For any question conatct us through:

[email protected]

Disclaimer: All information and materials on this website are for educational purposes only. Crypto-academy.org does not provide any form of financial advice. Cryptocurrencies are highly volatile, therefore any form of investing carries a high level of risk to your capital. It is recommended that you seek professional advice prior to implementing any investment or financial plan.

We do not ask you for your Cryptocurrency / We do not hold your Coins / We do not ask for Private Keys / Be aware of scammers and imposters.

Contact us only through: [email protected]