Binance to Allow Institutional Investors to Keep Collateral Off the Crypto Exchange

Binance will launch a new feature called Binance Mirror, which allows institutional investors to keep their collateralized crypto used for leveraged positions, off the platform.

The exchange will enable investors to post collateral with Binance Custody, which will hold the assets off the internet, in cold storage wallets, Binance said in a statement on Monday. Once trades are settled, the assets would then become accessible to the user again.