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New Privileges for VIP Customers on Binance

source-logo  bsc.news 08 July 2022 22:41, UTC

Introducing Binance Fund Manager

Just a week after the launch of Binance Institutional aimed at supporting institutions, crypto platforms, home offices, high-net worth individuals, crypto miners, asset managers and hedge funds, Binance has deployed the Binance Fund Manager product package to offer more privileges and benefits for VIP customers.

#Binance has unveiled Binance Fund Manager, a new product that allows VIP and institutional clients who manage multiple funds to aggregate their trading volume and BNB holdings for added privileges.

Learn more ➡️ https://t.co/Za59jcT49W pic.twitter.com/bqP7HyFAYr

— Binance VIP and Institutional (@BinanceVIP) July 7, 2022

Binance Fund Manager will allow institutional clients to manage multiple funds or subsidiaries to optimize the aggregation and statistics of their trading volume and store BNB across more accounts for additional privileges while maintaining independent account functions.

Binance Fund Manager Operation Model. Source

All relevant accounts will enjoy better perks if they qualify for higher VIP upgrades, including:

  • Reduced transaction fees and loan interest
  • Higher limits on trading, withdrawals, and sub-accounts
  • Access to premium customer services and in-depth analytics

Binance Fund Manager provides solutions and a smoother onboarding process for new clients with multiple funds or subsidiaries, for existing clients looking to add more funds or subsidiaries, and for customers who wish to aggregate integrated accounts.

Binance Fund Manager is part of Binance's plans to appeal not only to retail investors but also to large institutional investors, helping the exchange expand and become more inclusive in the future.

What is Binance:

Binance positions itself as the world’s leading blockchain ecosystem and crypto-asset infrastructure provider with a financial product suite that includes the largest digital asset exchange by volume. The Binance platform aims to increase the freedom of money for users and features a comprehensive portfolio of crypto-asset products and offerings, including trading and finance, education, data and research, social good, investment and incubation, decentralization, and infrastructure solutions.

bsc.news