Binance Announced Its New Service for Private Customers!

world’s largest crypto para stock exchange Binancecontinues its innovative moves. At this point, he introduced his new service Binance Wealth.

According to Coindesk news, Binance’s new service Binance Wealthallowing private client managers to easily onboard high-net-worth individuals to Binance and offer them a wide range of digital assets.

Binance offers this service globally. While stating that it is offered through the com platform, Binance Wealth’s first Asia and Latin AmericaHe said he would focus on customers in .

This means there are restrictions for some jurisdictions, such as the United States.

Binance VIP and Corporate Head Catherine Chen He said in his statement:

“Contrary to appearances, Binance Wealth is not a financial advisory service, but a technological solution designed to meet the needs of asset managers, with the necessary infrastructure that allows them to control and support their clients’ exposure to cryptocurrencies.

Service, global Binance. com platform, which means there are restrictions for some jurisdictions. For example, Binance Wealth will not be available in the US. The initial focus for Binance’s new service will be Asia and Latin America.

Asset managers can help onboard and support clients who are eligible to use Binance.com and reside in jurisdictions where Binance.com is available.

In terms of custody, assets belonging to each end customer are held in the customers’ dedicated sub-accounts.

The customer will retain full control of their assets held in the relevant wallets under their account on the Binance platform. User assets can be viewed on our Proof of Reserve page.”

Finally, the Binance spokesperson stated that standard transaction fees will be applied to transactions made within the scope of this service.

*This is not investment advice.