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Binance: Zero Fees for Third-Party Custody Services Extended Until December 31, 2025
Summary: According to official announcement, Binance has announced that third-party custody has become a formally launched, fully operational solution, targeting institutions. It allows custody of fiat and traditional financial (TradFi) collateral in regulated third-party banks, while enabling users to trade on Binance. The latest version has lowered the entry threshold, with no trading volume commitment required, ...
According to official announcement, Binance has announced that third-party custody has become a formally launched, fully operational solution, targeting institutions. It allows custody of fiat and traditional financial (TradFi) collateral in regulated third-party banks, while enabling users to trade on Binance. The latest version has lowered the entry threshold, with no trading volume commitment required, and will waive service fees for pledged funds until December 31, 2025. Binance's third-party bank custody is a high-trust custody framework tailored for institutions, allowing clients to keep more traditional collateral assets (such as fiat and US Treasury bonds) in a dedicated corporate account at a regulated third-party bank, without transferring these assets to the trading platform. Meanwhile, clients can still access equivalent trading limits on Binance to carry out transactions.
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Link: Binance: Zero Fees for Third-Party Custody Services Extended Until December 31, 2025 [Copy]