Binance: Zero Fee Offer for Third-Party Custody Services Will Last Until December 31, 2025

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ODAILY
07-18
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News: Binance has announced that third-party custody has become a formal, fully operational solution. This custody solution is designed for institutions, allowing the safekeeping of fiat currency and traditional financial (TradFi) collateral in regulated third-party banks while enabling users to trade on Binance. The latest version lowers the entry threshold, requires no trading volume commitment, and waives service fees for pledged funds until December 31, 2025. It is understood that Binance's third-party bank custody is a high-trust custody framework for institutions. It allows clients to store more traditional collateral assets (such as fiat currency and U.S. Treasury bonds) in dedicated company accounts at third-party regulated banks without transferring these assets to the trading platform. At the same time, clients can still obtain equivalent trading quotas on Binance to conduct trades.

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