Binance, the world’s largest cryptocurrency exchange, announced the launch of Binance Mirror, an off-exchange settlement solution for its institutional investors. Binance Mirror will enable institutional investors to invest and trade using cold custody.
On Monday, Binance announced the launch of an off-exchange settlement solution called “Binance Mirror” that allows its institutional investors to lock collateral by connecting their qualified cold wallet with Binance Custody, a regulated institutional digital asset custodian. Locked assets can then be mirrored on their Binance exchange account. Binance said that its new offering enables more security by allowing traders to access the exchange without having to post collateral directly on the platform:
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.
Binance Custody was launched in 2021 and is a custodian platform
We współpracy z: https://cryptodaily.co.uk/2023/01/binance-custody-launches-off-exchange-settlement-solution
