The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Binance Eyes Crypto Dominance and Increase of Corporate Investors

by Daily Hodl Staff
November 9, 2018
in Trading

Binance, the world’s largest cryptocurrency exchange by volume, has been making moves to attract high-volume traders and establish itself as a global powerhouse. It recently opened a new headquarters in Malta, expanded to Jersey and Liechtenstein and launched new exchanges in Uganda and Singapore.  

Tiered trading discounts have sparked activity from institutional investors.

Binance says part of its strategy is to focus more on supporting corporate account holders with a straightforward registration process. Users can create an account, upgrade to institute/ corporate level, verify themselves and once the application is approved, they can withdraw up to 100 BTC a day.  

Binance explains that their API system is a key component.

“To ensure maximum security, we offer multiple API access levels with customization for transfer, trading and read-only permissions. Furthermore, we have settings to limit the addresses that funds can be withdrawn to, preventing withdrawal of funds to a foreign address.”

[the_ad id="42537"] [the_ad id="42536"]

The exchange is also providing new services to traders of all levels.

“Our new division Binance Research provides open-access, institutional-grade research reports on blockchain projects, with an eye on increasing transparency and improving the overall quality of information available within the cryptocurrency space.”

Several new feature will roll out in Q4, including support of up to 200 sub-accounts, no-free transfers of funds between sub-accounts and full control of sub-accounts, including resetting 2FA, removal of API keys/orders and passwords, or even freezing the sub-account.

Despite the epic growth of Binance, CEO Changpeng Zhao recently said in an interview that he would not recommend spinning up a brand new exchange, particularly now that trading volumes are down 90% from their peak in January.

“Starting an exchange is always a really bad idea, to be honest. It’s never a really viable business model. The chance of success is very low, probably lower than most regulated internet startups. Exchanges is one of those hard businesses to start and run, regardless of the market condition. I think right now people have definitely slowed down a bit, but I believe there are still more exchanges than there are coins. So there are still more people trying to do exchanges than there are starting other projects. But running an exchange is still really, really difficult. You’ve got to get security right, customer service right. You’ve got to have the system product easy to use for everybody around the world, to have fast access. All of those problems are extremely hard to solve. So for anybody who wants to have a healthy lifestyle, I would never recommend them to start an exchange.”

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Submit a Press Release

Industry Announcements

  • FIFA Rivals Launches Worldwide, Bringing Non-Simulation Arcade Football Action to Mobile Devices
    June 12, 2025
  • Polemos Announces TGE And A Game-Changing Strategic Partnership With BUFF Accelerating Web3 Adoption
    June 12, 2025
  • ?Bitpanda opens the gate to Web3 with Vision (VSN)
    June 12, 2025
  • tBTC Launches on Starknet, Expanding Bitcoin’s Role in Multi-Chain DeFi
    June 11, 2025
  • Allnodes Launches Bare-Metal Servers for Solana Validators and Builders
    June 11, 2025
  • Falcon Finance Announces Custody Integration With BitGo for USDf Synthetic Dollar
    June 11, 2025
  • Interactive Strength Inc. (Nasdaq: TRNR) Enters Into $500 Million Facility To Acquire AI-Focused FET Tokens and Launch Crypto Treasury Asset Strategy
    June 11, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$107,726.86
$107,726.86
2.04%
Ethereum
$2,768.52
$2,768.52
2.49%
BNB
$665.36
$665.36
1%
Solana
$160.27
$160.27
4.01%
XRP
$2.25
$2.25
3.24%

Spotlight

  • Bitcoin Setting Up for ‘Treasonous’ Correction, According to Trader That Called 2021 Market Cycle
    June 5, 2025
  • Bitcoin Flashing Bearish Signal After Failing To Break Above Major Resistance, Says Crypto Trader – Here Are His Targets
    June 5, 2025
  • Economist Henrik Zeberg Says Altcoins About To Kick Off Explosive Phase, Updates Outlook on dogwifhat and One Under-the-Radar Crypto
    June 5, 2025
  • Former DOGE Head Elon Musk Tells Lawmakers To Kill Trump’s ‘Big, Beautiful’ Bill
    June 5, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl