Binance to Implement Sub-Account Support

Users of so-called institutional accounts can create up to 200 subaccounts in one
06 December 2018   364

Binance Bitcoin Exchange has added a subaccount feature that allows VIP users to have multiple trading accounts in one.

At Binance, we strive to fulfill the needs of our users and to constantly improve the user experience. The ability to have sub accounts was one of our most-requested features — we have been working on this functionality and are happy to now offer this to our institutional accounts.
 

Binance Team

It is reported that users of so-called institutional accounts can create up to 200 subaccounts in one.

Thus, the new service allows to manage orders and assets of all accounts, reset the two-factor authentication settings and freeze other accounts.

Binance representatives also added that no fees will be charged for transferring assets between subaccounts.

Only corporate and VIP users can receive access to the service, whose monthly trading volume is or more than 4,500 BTC

Binance to Delist 5 Tokens

 CLOAK (CloakCoin), Modum (MOD), SALT, Substratum (SUB) and WINGS trading will be suspended on 22nd of February
15 February 2019   142

Binance, has announced the upcoming delisting of the following cryptocurrencies: CLOAK (CloakCoin), Modum (MOD), SALT, Substratum (SUB) and WINGS.

All trades with abovementioned tokens will be suspended on 22nd of February in 10.00 UTC; then tokens will be delisted.

Binance regularly evaluates the development of projects whose coins are represented on the platform, and takes into account the following characteristics:

  • team commitment to the development of the project, its activities and quality;
  • network stability and smart contracts;
  • community outreach;
  • communication with the exchange;
  • evidence of fraudulent or unethical activity;
  • contribution to the development of a cryptocurrency ecosystem.