the new platform for institutional and crypto VIP investors

The largest cryptocurrency exchange strikes again. While the founder remains convinced that cryptos will eventually recover, he is launching his new platform, Binance Institutional, dedicated to VIP investors and institutional cryptocurrencies. So how does it work?

What is Binance Institutional?

Binance is known as the largest cryptocurrency exchange on the market. Very famous, it extends to several countries and offers many services in the field of cryptography. From Ireland to Dubai, the platform aims to conquer the world. But above all, it is certainly her mission to meet customer demand. With more than 600 cryptocurrencies listed, the Changpeng Zhao (CZ) platform is attracting a little more sympathy from investors every day.

However, the current crisis in the crypto market does not leave anyone indifferent. While the company’s CEO said they have already taken steps to address the decline, some users remain skeptical. However, the launch of a new platform contradicts people’s minds. As the crisis continues, the exchange is launching Binance Institutional.

This new platform is entirely dedicated to institutions operating in the crypto industry and VIP investors. The purpose behind it? Improving its institutional offerings and services. With the plethora of crypto exchanges that exist in the market, finding solutions to stand out is the best option to keep your position. So while Binance is at the top of the list, Changpeng Zhao has to stay alert and anticipate users’ needs at all costs.

Therefore, the VIP program is expanding its offering for institutions and aims to bridge the gap between the crypto market and traditional financial markets. For the CEO of Binance, brokerage services are in the best position to drive the long-term evolution of cryptocurrencies. To do this, institutional investors will be entitled to new features that will facilitate crypto investments.

Binance Institutional, many services for VIPs

Since the expansion of crypto assets, more and more people are taking on the adventure. Individuals and companies, everyone wants to enjoy the benefits that this sector offers. Since these are two different categories, it is an important point to offer offers adapted to each of them. Binance understands the need to diversify its offerings to satisfy every party. So, the launch of Binance Institutional is a giant step in facilitating and improving the crypto experience for institutions and VIPs.

The VIP program meets the expectations of all types of institutions. Of the family offices through asset managers, hedge funds, proprietary trading companies and high net worth individuals and liquidity providers. The platform also has many services. These include direct access to custody and brokerage, OTC liquidity and asset management.

But that is not everything ! Indeed, the main goal of Binance Institutional is to provide more privileges to its VIP users. The program has nine VIP levels. The more you increase your trading volume in this, the more your rewards will increase. VIP Level 1 includes a balance of at least 25 BNB and a trading volume of at least one million BUSD over 30 days. In contrast, Level 9 requires a 30-day trading volume of at least 5 billion BUSD and a minimum balance of 5,500 BNB. VIP program privileges include higher 24-hour withdrawal limits and lower transaction fees.

Binance Institutional comes at a time when the BNB token is at the center of an SEC investigation. Will this VIP program, although it has many benefits, keep all its promises?

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Eddy Senga avatar

Eddy Senga

The world is changing and adaptation is the best weapon for survival in this undulating universe. As a crypto community manager at the grassroots level, I am interested in everything directly or indirectly related to the blockchain and its derivatives. To share my experience and make known a field that fascinates me, there is nothing better than writing informative and relaxed articles at the same time.

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