Binance to Implement Sub-Account Support

Users of so-called institutional accounts can create up to 200 subaccounts in one
06 December 2018   877

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 DEX to List 5 TrustToken Stablecoins

Binance DEX listed TrueUSD, TrueGBP, TrueAUD, TrueCAD and TrueHKD, tied to appropriate fiat currencies
08 August 2019   234

Non-custodian exchange Binance DEX in the near future conducted a listing of five new stablecoin issuer TrustToken, The Block reports.

As TrustToken said, Binance DEX added TrueUSD, TrueGBP, TrueAUD, TrueCAD and TrueHKD, exchange rates related to the US dollar, Australian dollar, Canadian dollar and Hong Kong dollar, respectively.

All five assets will be released on the blockchain. Until this moment, TrustToken stablecoins were available only in the format of ERC20 tokens on the Ethereum blockchain.

Binance DEX has new opportunities for making financial contributions. TrueUSD trading on Binance DEX should start on August 8th. Listing suggestions for other TrustToken stablecoins will be issued in the coming weeks.

TrustToken plans to launch its new or two additional blockchains before the end of the year and the new TrueSGD, the rate of which will be tied to the Singapore dollar, “soon”.