A new promotion for <a href="https://www.binance.com/en/blog/vip/binance-vip-invitation-program-enjoy-vip-privileges-today-7690312066452758281" target="_blank" rel="noopener noreferrer nofollow">Binance’s VIP Invitation Program</a> was unveiled today. By aggregating their spot or futures trading volume on cryptocurrencies and traditional assets from up to two trading venues, new users who trade cryptocurrencies and/or traditional assets on other platforms can now become Binance VIPs in an even more convenient way. This program is the first of its kind that a major cryptocurrency exchange is offering to high-volume conventional asset traders. To be eligible to join, new users must have a 30-day aggregate spot or futures trading volume in cryptocurrencies and/or conventional assets <a href="https://www.binance.com/en/fee/trading" target="_blank" rel="noopener noreferrer nofollow">equal to the corresponding trading volume</a> criteria in the Binance VIP Program. For a period of two months, eligible customers will automatically be promoted to a VIP level on Binance that is one level above what their trading volumes on other exchange(s) would have qualified them for. If they fulfill certain conditions, they may also be eligible for further VIP upgrades and perks. High-volume users can expect a plethora of exclusive benefits and privileges from the Binance VIP Program, which are intended to enhance their trading experience. These include invitations to private industry initiatives and events, bespoke solutions, highly competitive VIP pricing and discounts, and customized and flexible trading setups. Binance’s VIP team, which consists of TradFi professionals and crypto native specialists with decades of combined expertise serving high-volume customers, provides specialized key account coverage to Binance VIP members. Catherine Chen, Head of Binance VIP &amp; Institutional commented:
<blockquote class="wp-block-quote">
 “As cryptocurrencies continue to gain acceptance, we are committed to bringing the best-in-class experience for high-volume and sophisticated users. The successful listing of bitcoin spot ETFs and their inflows not only demonstrates that there is clear market demand for cryptocurrencies, it also shows any gap between traditional and digital assets is closing. Our global VIP and Institutional team made up of TradFi and crypto specialists have expertise catering to the needs of VIP users and delivering white-glove and end-to-end service. In our latest VIP Invitation program expansion, we aim to help high-volume users of traditional assets platforms reduce their entry barriers to cryptocurrencies.”
</blockquote>
With the help of a third-party banking partner, institutional investors may now keep their trading collateral in fiat, thanks to a groundbreaking <a href="https://www.binance.com/en/blog/vip/binance-pilots-banking-triparty-agreement-to-help-institutional-investors-manage-counterparty-exposure-6193507006097722519" target="_blank" rel="noopener noreferrer nofollow">banking triparty arrangement</a> that Binance successfully began and implemented in November. This risk management solution mimics a standard framework in conventional financial markets, addressing counterparty concerns for all institutional investors in the sector and enabling investors to more effectively manage risk and increase their allocation to crypto assets. The biggest cryptocurrency exchange, Binance, is positioned to connect the conventional and digital asset markets and welcome a new generation of institutional and high-volume investors, as shown by its most recent promotion of its VIP Invitation Program. <a href="https://www.binance.com/en/support/announcement/vip-invitation-program-promotion-unlock-vip-1-level-upgrades-with-trading-volumes-from-up-to-two-exchanges-df1c9a554105489083cf9a6c991c74ac" target="_blank" rel="noopener noreferrer nofollow">Click this link</a> to find out more about the new VIP Invitation Program Promotion for interested users. Please visit <a href="https://www.binanceinstitutional.com" target="_blank" rel="noopener noreferrer nofollow">https://www.binanceinstitutional.com</a> to learn more about Binance VIP.

Binance VIP Program Opens Doors to Traditional Asset Traders

TheNewsCrypto

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