Prime Trust LLC is a Binance-licensed and registered US company providing crypto custody, trading, and other financial services to institutional investors and active traders. Prime Trust is a qualified custodian under US law, with a depository agreement with the Federal Reserve Bank of New York.
As a Binance-licensed company, Prime Trust is held to the highest standards of anti-money laundering (AML) and countering-the-financing-of-terrorism (CFT) compliance. All customer deposits are held in segregated accounts at leading banks, with full insurance.
NOTE: WARNING: Prime Trust LLC Binance is a financial service company that provides custodial and trust services to companies, investors, and traders. The company offers services related to cryptocurrency storage, as well as business banking, lending, and other financial services. As with any financial service, you should use caution when dealing with Prime Trust LLC Binance. Make sure you research the company thoroughly before making any decision to use their services. Additionally, it is important to understand the terms of the agreement for any service you use with them.
Prime Trust’s crypto custody service provides institutional investors with a safe and secure way to store their digital assets. Prime Trust’s platform enables users to trade cryptocurrencies with each other, as well as with fiat currencies.
The platform supports all major cryptocurrencies, including Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Ripple, and more.
The company’s mission is to provide institutional investors and active traders with the infrastructure they need to safely and securely participate in the digital asset economy. Prime Trust is dedicated to providing its customers with the highest levels of security, compliance, and customer service.
10 Related Question Answers Found
Prime Trust Binance is a decentralized, permissionless trust company that allows for the buying, selling, and transferring of digital assets. The company is headquartered in Malta and was founded in 2018 by Changpeng Zhao. Prime Trust Binance is one of the first companies to offer custodial services for digital assets and is a licensed financial institution in the United States.
Binance Prime Trust is a digital asset management platform that offers users the ability to buy, sell, and store digital assets. The platform is designed to provide users with a secure and efficient way to manage their digital assets. Binance Prime Trust is a subsidiary of Binance, one of the world’s leading cryptocurrency exchanges.
Binance US, the American dollar-denominated arm of the world’s largest cryptocurrency exchange by volume, has selected Prime Trust LLC as its exclusive provider of custodial services. This is a big deal because it’s the first time that Binance, which is headquartered in Malta but has offices all over the world, has chosen to work with a US-based partner for its custodial needs. Up until now, Binance has used partners like Coinbase and Xapo for its custodial services.
Binance Prime Trust is a provider of digital asset custody, lending, and other financial services for institutional investors. The company was founded in 2017 by Changpeng “CZ” Zhao and Yi “Linda” He. Binance Prime Trust is headquartered in Singapore.
Binance, one of the world’s leading cryptocurrency exchanges, does in fact use Prime Trust LLC to custody its users’ assets. Prime Trust is a qualified custodian that is regulated by the US Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). Binance has chosen to use Prime Trust because of its high-security standards, cold storage capabilities, and insurance coverage.
The Prime Trust fee on Binance is 0.1% of the transaction value. This fee is applied when you make a trade on Binance using their Prime Trust service. The Prime Trust service is a platform that allows you to trade cryptocurrencies with other users on the Binance exchange.
Binance, the world’s largest cryptocurrency exchange by traded value, has partnered with Prime Trust, a US-based custodian, to offer “crypto-native” banking services. The move is part of Binance’s push to expand its operations in the United States and comply with regulations. Prime Trust is a regulated financial institution that provides custody, compliance, and escrow services for digital assets.
Prime Trust is a special purpose depository institution chartered in the State of Nevada. Prime Trust is not a bank, and it is not affiliated with any banking organization. Prime Trust provides independent custody, escrow, and transaction processing services to its clients.
Prime Trust is a US-based custodian and depository institution that is licensed to provide custody and related services for digital assets. Prime Trust has been operational since 2018 and is one of the most popular choices for those looking for a digital asset custodian. Binance is a digital asset exchange that allows users to trade cryptocurrencies.
Binance US, the American subsidiary of the world’s largest cryptocurrency exchange, has partnered with Prime Trust, a US-based financial institution, to provide custodial services for its customers. The move comes as Binance looks to expand its operations in the US, where it currently offers trading in a limited number of digital assets. Under the partnership, Prime Trust will provide custodial services for Binance US customers, meaning that it will hold and protect their digital assets.
