Spotlight on Poloniex- Why should institutions onboard accounts on Poloniex .steemCreated with Sketch.

in SteemAlive4 years ago (edited)

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Institutional Investors
An institutional investor is a company or organization that invests money on behalf of their investors, they make investment decisions for their clients to know little or have no time for the process. Institutional investors often buy and sell substantial blocks of stocks, bonds, or other securities, cryptos, and, for that reason, are considered to be the big men in most exchanges due to their high level of liquidity. The group is also viewed as more sophisticated than the average retail investor and, these institutions are often given more limit freedom and enjoy fewer restrictions.

Institutional investors are one of the major influencers of the supply and demand of assets like cryptos and securities mainly due to their large orders in the market. These bodies enjoy better privileges in the market because Institutional investors have the resources and specialized knowledge for extensively researching a variety of investment opportunities not open to retail investors.

Key Points about institutional investors

  • An institutional investor is a company or corporation that invests money on behalf of clients or members.

  • Institutional investors are considered better than the average investor and are often subject to less regulatory oversight.

  • Buying and selling of large positions by institutional investors can create supply and demand imbalances that result in sudden price moves in cryptos and other assets.

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Poloniex for Institutions
Institutional investors in the crypto sphere via exchanges have become very popular since cryptos rise to fame back in 2017. Major exchanges like Binance, Huobi, Poloniex regularly onboard new accounts from investors.

Poloniex exchange offers institutions, both large and small, access to a curated selection of crypto-asset trading pairs, dedicated customer support, API services, and more. Poloniex provides one of the best institutional investment process for opening new accounts for institutions.

Institutional accounts are required for any account that is being opened on behalf of a registered body, these institutions are granted better and more flexible services when compared to retail investors in the exchange. Some of these benefits include higher withdrawal limits and professional customer support from a dedicated team of Account Managers. These highly trained team will guide each institutional customer through the onboarding process, coordinate issue resolution across multiple teams, and support ongoing trading activities

Institutional investors can integrate the Poloniex exchange on their different websites using specialized API. These API will allow investors to directly carry out trades on their websites without migrating to the Poloniex exchange itself.

Also as an additional security feature, Poloniex offers institutional customers the ability to add a whitelisting security feature to their account. Once active, funds can only be sent to whitelisted addresses that you designate via a direct connection with your Poloniex account manager.

These benefits and lots more are enjoyed by institutional investors who onboard their accounts on steemit.

Steps on how to open an Institutional account on Poloniex

  • Investors who are willing to open an account with Poloniex will have to fill up an application for this using this link

  • Potential investors will have to come with the following documents for onboarding their accounts.
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    Required documents for onboarding, Additional documentation and information may be required based on the type of institution being onboarded.

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  • Investors will have to fill out these forms for registration:
  • After the form completion, new users will submit the form for review.

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For more information about the Poloniex exchange, you can visit my previous posts on Poloniex:

Poloniex Website
Spotlight on Poloniex- The killer feature that makes Poloniex stand out-Margin Lending
Spotlight on Poloniex-Exploring the Poloniex Exchange
Spotlight on Poloniex-Making Quick Deposits and Withdrawals on Poloniex.
Spotlight on Poloniex-Introducing Multi-chain Deposits and Withdrawals on Poloniex
Spotlight on Poloniex- Poloniex and WINk to Bring a New Crypto Gaming Experience for customers.
Spotlight On Poloniex- Making trades on Poloniex made easy for Newbies

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All the images used in this post were edited from the Poloniex website

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 4 years ago 

I commend Poloniex for this institution investors account initiative. It is quite important to recognize this set of people who trade on behalf of others and give them something special. If this institution investors can find profitability, they'll extend it to individual investors who will even prefer someone capable and trustworthy to handle their investments. It will in a way reduce the burden on customer support as more investors will be reliant on these institution investors who will be reliant on Poloniex dedicated customer support.

#onepercent #nigeria #affable

 4 years ago 

That is totally on point, institutional investors will always be pressured to so better, if possible make a profit out of all trades, they don't care about how the profits are made they just wish to see positive figures at the end of the day. But I guess the institutional account manager will have to be good at his job to deliver.
Thanks for coming by and reading my post.

Thnaks for this original topic,i agree that Poloniex has offered and provided a dedicated support and set of API services to large and even small institutions to benefit from a diverse list of crypto asset trading pairs.

 4 years ago 

Yea, poloniex is really doing a great job. Thanks for the visit.

 4 years ago 

Thank you for taking part in the Spotlight on Poloniex Contest.

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