Binance integrates MirrorX OTC solution for institutional clients
Binance integrated MirrorX for OTC settlements, launched by the custodian partner Ceffu. The initiative aims to meet VIP and institutional clients’ needs for an off-platform custody service when trading. MirrorX provides secure access to Binance without moving assets from the Ceffu custody platform. Settlements occur on a T+1 basis. The solution allows clients to mirror assets on a 1:1 basis to a sub-account on the exchange.