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Binance Institutional Services

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@ifarmgirl
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Binance exchange seems to be growing enormously day in day out. Per CMC, it is the number one centralized cryptocurrency exchange with a whooping 15.7 Billion Dollars 24-hour trading volume which accounts to almost 20% of the total crypto market's 24-hour volume ($78.6 billion per data on CMC at the time of this writing).

Although I've used the exchange from since it launched in 2017, I never really delved deeper into it. So I decided to check what else is there and here's what I read:

  • Over 1450 pairs of various spot trading needs.

  • Largest futures trading volume with more than 200 contracts.

  • Comprehensive Binance blockchain ecosystem.

  • Deepest cryptocurrency liquidity pool. (Source)

One of its offers that I have not noticed before is the Institutional Services which are tailored specifically for institutions (i.e. Asset Managers & Investment Funds; Institutions and Crypto Platforms; High-net worth individuals and proprietary traders; Crypto Miners; Crypto Projects and Corporate Treasury). Such services include the following features:

  • Over-The-Counter (OTC) and Execution Algos Users are first authenticated by requesting trade requests, trade confirmations, settlement instructions, advice or any other questions via secure communication channels. "Execution algos facilitate the execution of large crypto trades while reducing average cost of execution and market signaling."

    "Binance offers direct access to OTC liquidity and crypto execution solutions for all trading (Block Trading - over $200k), execution and risk management needs. Get access to instant crypto pricing, trade off cryptocurrency exchanges, and use our intelligent Algos to efficiently execute trades and avoid market impact and slippage." - Quoted

- [Asset Management & Custody](https://www.binanceinstitutional.com/?utm_source=binance&utm_campaign=vip) "Binance Custody offers a secure and robust institutional-grade cryptocurrency custody platform that is both regulated and compliant." - [Quoted](https://www.binanceinstitutional.com/?utm_source=binance&utm_campaign=vip) - [Broker or Binance Link Program](https://www.binance.com/en/broker) "Binance Link Program enables enterprise clients to build their business with Binance technology while earning commission from trading fees by leveraging Binance's liquidity and market depth." - [Quoted](https://www.binance.com/en/broker) - Their products include Link & Trade; Exchange Link; Portal Link; Widget Link. Their current clients are Tiger Trade, FMZ, APRI, Endotech, BitKan, CScalp, 3Commas, Running Fox, Finandy & Moontrader. - Liquidity Program "Enjoy attractive rebates from trading in our spot and futures markets, with the world's best liquidity." - [Quoted](https://www.binance.com/en/vip-institutional-services)

Other feature of Binance is its comprehensive fees:

  • Zero fees for some eligible BTC pairs (13 pairs to date);
  • Lower fee structure on BUSD pairs;
  • Zero maker fee on all spot and margin BUSD pairs; and
  • Discounted fees of up to 25% when using BNB.

Additionally, the exchange often offer some fun things for regular and VIP users to participate with and benefit from as well. Perhaps it's one of its secrets and that's why it attracts millions of users (90 million registered and increasing according to its front page) and 20 million visits per week. Not a small number, eh?

Here are just some of its promotions currently running. (I have never participated in any of these and even in past promotions so no experience so far):

It does seem that Binance will continually set the pace for centralized exchanges, even in other crypto fields and perhaps beyond. It's ability to adapt to market conditions, innovate and offer solutions to its clientele are I guess just some of its competitive advantages and strengths.

I've also shared recently some of the earning opportunities offered by the exchange through its Binance Earn program.

DISCLAIMER: None of the above are intended as endorsements or Financial Advice. This is meant for infotainment only.

Images/screenshots are from Binance and CryptoMarketCap. No copyright infringement intended. 030822/10:00ph

Posted Using LeoFinance Beta