News/Binance to Allow Institutional Investors to Keep Collateral Off the Crypto Exchange

Binance to Allow Institutional Investors to Keep Collateral Off the Crypto Exchange

Jan 17,2023,00:48

Binance will launch a new feature called Binance Mirror, which allows institutional investors to keep their collateralized crypto used for leveraged positions, off the platform.

The exchange will enable investors to post collateral with Binance Custody, which will hold the assets off the internet, in cold storage wallets, Binance said in a statement on Monday. Once trades are settled, the assets would then become accessible to the user again.

Source
Disclaimer: This platform includes third party opinions. We do not endorse their accuracy. Digital asset prices can be volatile. Do your own insights. See full terms here
Share
NewsMore
    Loading...