What are the eligibility requirements for opening a Binance institutional account?

3 answers

• RafaelJun 06, 2022 · 3 years ago
  To open an institutional account on Binance, you need to meet certain eligibility requirements. These requirements include being a registered legal entity, having a proven track record in the financial industry, and meeting the minimum trading volume criteria set by Binance. Additionally, you may be required to provide relevant documents such as incorporation certificates, financial statements, and KYC (Know Your Customer) information. It's important to note that Binance reserves the right to review and approve institutional account applications on a case-by-case basis.
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• Karlos JurubebaFeb 20, 2023 · 2 years ago
  Opening a Binance institutional account requires you to be a registered legal entity. You should have a solid reputation in the financial industry and meet the minimum trading volume requirements set by Binance. Make sure to have all the necessary documents ready, including your incorporation certificates, financial statements, and KYC information. Binance evaluates each institutional account application individually, so it's essential to meet their criteria to be eligible for their institutional services.
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• Matthew DavidNov 17, 2023 · 2 years ago
  When it comes to opening an institutional account on Binance, there are a few eligibility requirements you should be aware of. First and foremost, you need to be a registered legal entity. Binance also requires you to have a proven track record in the financial industry, demonstrating your experience and expertise. Additionally, you must meet the minimum trading volume criteria set by Binance. It's important to provide all the necessary documentation, including your incorporation certificates, financial statements, and KYC information. Binance reviews each institutional account application on a case-by-case basis, ensuring that only qualified entities gain access to their institutional services.
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