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.
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