The Circle company, which this year became the owner of the Poloniex cryptocurrency exchange, announced an introduction of the new type of accounts intended for institutional clients on its trading platform.
“Institutions large and small can enjoy the benefits of our large curated selection of crypto asset trading pairs, dedicated support and robust API services,” the announcement states.
In addition to Poloniex Exchange services, institutional clients are provided with access to an over-the-counter Circle Trade platform, the minimum transaction amount of which is $250,000, and the possibility of exchanging dollars for the stablecoin USDC issued by it and back.
The main advantage of using an institutional account on Poloniex is the support of a “dedicated team of Account Managers in our Client Services department” who are able to introduce users into the trade and provide the necessary support in the process.
Last month, Circle Invest has announced a crypto reward program for its clients. Till the end, new Circle Invest customers will be rewarded with a free crypto asset. In its announcement the company has stated that “it could be a bitcoin.” It also states that each participating customer will get one of the cryptos available via Circle Invest.
Recently, the American stock exchange Coinbase announced that it will launch its own over-the-counter platform, access to which will also be provided exclusively to registered institutions.
Subscribe to our Telegram channel to stay up to date on the latest crypto and blockchain news.