Will Binance inspire more exchanges in allowing customers to hold their assets in cold storage wallets? Investors can now post collateral with Binance Custody, which will hold the assets off the internet, with assets becoming accessible once settled.
Binance will allow 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 aHot vs. Cold Crypto Storage: What Are the Differences? The feature, called Binance Mirror, could be a major blessing for crypto investors trading in the leveraged markets as most crypto traders have to keep their collateral on the exchange for trading. However, using cold storage wallets means users can continue to trade crypto during volatile sessions without massive outflows on an exchange.The collapse of Binance's
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Binance Build – Jan 20, 2023 | Binance BlogYou may have seen our daily updates, but if you missed them, we got you! Our BinanceBuild blog is a summary of updates from the past two weeks that include: 🔸 Crypto payment requests generation 🔸 Google One Tap Login and more.
Read more »
Binance Garnered Largest Market Share of Crypto Investors From Emerging Markets in 2022A CryptoCompare report found that as inflation surged worldwide, the crypto exchange giant attracted the largest number of retail investors from countries facing high inflation.
Read more »
Binance Coin (BNB) Price Analysis for January 20Can BNB get to $300 by the end of the week? Dave_Jonez_02 BNB Pain_Alive_BNB Binance_DEX BinanceResearch
Read more »
Genesis Claims $5.1B in Liabilities in First Day Bankruptcy FilingIn its First Day Bankruptcy Motion, Genesis claimed $5.1B in liabilities in the time after it froze withdrawals last November. realDannyNelson reports
Read more »
XRP Flips Cardano (ADA) for Most Traded Among Whales, Here's What Is Going OnXRP overtakes Cardano (ADA) as top-traded crypto among whales ADA $ADA $XRP RippleXRP XRPArmy XRPCommunity XRPHolders
Read more »
'Solana Killer' Aptos (APT) Gains Traction on Binance as New Product Is LaunchedBinance increases support for 'Solana killer' Aptos (APT) APT $APT AptosEcosystem DeFi
Read more »