Poloniex exchange added accounts for institutional clients
Circle, which this year became the owner of the Poloniex cryptocurrency exchange, announced the introduction of a new type of accounts on its trading platform intended for institutional clients..“Institutions big and small can take advantage of our large curated selection of cryptocurrency trading pairs, dedicated support and robust API services,” she wrote..
In addition to the services of the Poloniex exchange, institutional clients are provided with access to the Circle Trade OTC platform, the minimum transaction amount on which is $ 250,000, and the ability to exchange dollars for the USDC stablecoin issued by it and vice versa.
The main advantage of using an institutional account at Poloniex is the support of a "dedicated team of account managers and a customer service department" who are able to introduce users to trading and provide the necessary support in the process.
Coinbase recently announced that it will launch its own OTC platform, which will also be available exclusively to registered institutions..
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