Binance: Zero Fee Offer for Third-Party Custody Services Will Last Until December 31, 2025
Odaily News Binance announced that Triple Custody, an institutional custody solution that holds fiat and traditional finance (TradFi) collateral in regulated third-party banks while allowing users to trade on Binance, has become a fully operational solution. The latest version lowers the barrier to entry, does not require a volume commitment, and waives service fees on staked funds until December 31, 2025.
It is reported that Binance Tripartite Bank Custody is a high-trust custody framework built for institutions. It allows customers to keep more traditional collateral assets (such as fiat currency and US Treasury bonds) in exclusive company accounts of third-party regulated banks without transferring these assets to trading platforms. At the same time, customers can still obtain an equivalent amount of trading quota on Binance to conduct transactions.
