Binance Smells Institutional Money Coming and Lays Groundwork to Welcome it

Binance is considered one the popular crypto exchanges not just because it has superior technology or higher trading volumes, but it has portrayed capabilities of almost accurately anticipating the times to come ahead. Well, the prediction cycle is still on and according to the recent post, the exchange is prepping itself for managing institutional money as it anticipates a larger number of institutional investors to increase their allocation into cryptos.

Getting ready for Corporate accounts and High-volume trades

According to the latest medium post published by Binance, the exchange has highlighted various aspects of the business which it has already incorporated and is improving to accommodate institutions and the large volume of capital that they will be getting in with themselves. The exchange mentions that it is evolving so that it can cater to the needs of its user base as it anticipates that larger number of institutional investors would increase their allocation to…

Read Full Story : Coingape

2018-11-10 09:56:35

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