Today news
About the same in other media
Binance: what are nested exchanges, how it affects you and how to avoid them
Reading now: 410
In the digital asset world, users may come across the concept of a “nested service” when using certain features of an exchange. This concept is not uncommon in the traditional or digital banking worlds and is often used to extend the features of a platform to a set of end-users. An example of this is where users gain access to additional trading pairs from another exchange, or if a bank operating in one country wants to extend their services into another region, a feature known as correspondent banking.
Taking this concept one step further, entire nested cryptocurrency exchanges have emerged, operating in a very similar way as to the process described above. A user or investor may create their own account on an exchange and offer “trading
Read more on cointelegraph.comAbout this in other media
Crypto exchange MEXC Global to ‘retire’ Mainland China user accounts ambcrypto.com /2 years ago
Northern Ireland: what are EU and UK proposing and will deal be done? theguardian.com /3 years ago
Passengers face fare rises after 37% hike in Heathrow landing fees theguardian.com /3 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
