CryptoNews

Binance’s New Tool Empowers Wealth Managers With Enhanced Crypto Options

Crypto exchange Binance has launched Binance Wealth, a crypto exchange solution specifically designed for wealth managers serving high-net-worth individuals. This innovative platform enables wealth managers to facilitate client investments in cryptocurrencies seamlessly. Binance Wealth integrates directly with the Binance platform, allowing wealth managers to handle client onboarding, including Know Your Customer (KYC) and Know Your Business (KYB) processes, and provide investment advice in the digital asset market. The platform offers clients flexibility, permitting them to either self-manage their portfolios or rely on wealth managers for recommendations, with a client approval process to ensure full control over each transaction. This new service aims to bridge traditional finance and the crypto sector, contributing to increased institutional and private wealth engagement in digital assets.

Source: Bitcoin

Related posts
NewsPhotography

This stunning photo of Comet Lemmon was taken on Friday and there’s still time for you to see it before it disappears for 1,300 years!

NewsPhotography

What happens when you remove color? Marvel at the magic of monochrome photography with these world-class black & white winners

NewsPhotography

This photographer perfectly mastered dog motion, and is just one of many awarded shots that will make you smile

Cleantech & EV'sNews

Tesla driver avoids plane crash caught on video, fans falsely credit self-driving

Sign up for our Newsletter and
stay informed!