Binance Wealth provides Wealth Managers with advanced tools to offer their clients access to new digital asset investment opportunities. With this platform, they can safely and efficiently manage their clients’ cryptocurrencies, maintaining the control and transparency they demand.
According to Binance’s statement, this new service marks a significant change for high-net-worth clients and their financial advisors, offering controlled access to the growing crypto market.
With Binance Wealth, advisors guide high-net-worth clients from onboarding to personalized investment recommendations, responding to the private wealth segment’s demand for diversified portfolio options.
Once onboarded to the platform, Wealth Managers submit clients’ KYC/KYB documentation for verification. Upon completion, clients can manage their own investments and receive recommendations for review and approval.
Binance Wealth: Unlocking the Potential of Cryptocurrencies
Catherine Chen, Head of Binance VIP & Institutional, stated: “As investors around the world recognize the potential of digital assets, we are responding to Wealth Managers and their clients, who are looking for an affordable solution to invest in cryptocurrencies.” .
Key features of Binance Wealth include:
- TradFi experience: Wealth Managers and clients enjoy an experience similar to the traditional financial framework they are accustomed to.
- Intuitive user interface: A comprehensive dashboard allows Managers to see an overview of clients and their portfolios on a single platform.
- Exposure beyond Bitcoin and Ethereum: Customers can diversify their investments beyond Bitcoin and Ethereum, accessing the full range of tokens supported by Binance.
- Investment flexibility: Binance Wealth supports both trading and earn/staking products, covering active and passive investment interests.
- White glove VIP service: Managers receive personalized support and services through Binance VIP account managers.
Catherine Chen also emphasized: “Unlocking the flow of capital is key for digital assets to go mainstream, and Binance Wealth facilitates the necessary infrastructure for the high net worth segment to gain secure exposure to cryptocurrencies.”
He added: “Binance Wealth will lower the barriers to entry for more market participants to access this asset class, helping to bridge the world of cryptocurrencies with traditional finance.”
How to Join Binance Wealth: Step by Step
For Wealth Managers interested in accessing Binance Wealth:
In summary, Binance Wealth is designed to facilitate the inclusion of digital assets in the portfolios of the most demanding clients, meeting their needs for security and transparency.
I say goodbye with this phrase from Stéphanie Cabossioras: «The next step is mass adoption. And for this there are two prerequisites: education and regulation.
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