ClearLoop Platform Now Available for Ouyi OKX Institutional Clients and Copper

04/04/2023 16:06 • Metaverse Matters • 94 views

According to reports, according to a statement on Monday, Ouyi OKX joined Copper’s ClearLoop platform, allowing institutional clients of both companies to store assets in the custody company’s infrastructure and entrust them to the exchange platform for trading.

The ClearLoop platform of Copper, an integrated encryption and hosting company of Ouyi OKX

With the increase of institutional clients in the cryptocurrency market, it is important to have a secure infrastructure to handle their assets. Copper, a leading cryptocurrency custody firm, has announced their partnership with Ouyi OKX, allowing both institutions to take advantage of their ClearLoop platform.

ClearLoop Platform Overview

The ClearLoop platform is a tool developed by Copper to allow institutional clients to store their assets in a secure and insured custody company. This infrastructure helps to mitigate the risk of theft, loss or damage of cryptocurrency assets. By entrusting their assets to Copper’s custody infrastructure, institutional clients can also take advantage of secure exchange platform connectivity and trade their assets safely without the need for transfer from custody solutions to exchange wallets.

Benefits for Ouyi OKX

Ouyi OKX, a leading cryptocurrency exchange, has a vast number of institutional clients in the market. With this new partnership, their clients can now benefit from the ClearLoop platform provided by Copper. The platform offers a seamless connectivity solution between the Ouyi OKX exchange and Copper’s custody infrastructure, enabling institutional clients to trade their assets under the highest security standards.

Benefits for Copper

Copper already provides secure custody storage for various assets in the cryptocurrency market, and their ClearLoop platform has been integrated with many leading exchanges globally. By providing this platform to a leading institution like Ouyi OKX, the reach and market of Copper is enssured to expand further.

What Does This Mean for the Cryptocurrency Market?

The partnership between Ouyi OKX and Copper is significant as it shows the increasing need for secure infrastructure in the ever-growing cryptocurrency market. ClearLoop provides a crucial bridge between institutional clients and leading cryptocurrency exchanges which can further boost cryptocurrency trading and investments.

FAQs:

1. How does ClearLoop work?

ClearLoop is a tool developed by Copper to offer secure custody storage for cryptocurrency assets. By entrusting their assets to Copper’s custody infrastructure, institutional clients can take advantage of secure exchange platform connectivity and trade their assets safely without the need to transfer from custody solutions to exchange wallets.

2. Why is this partnership significant?

The partnership between Ouyi OKX and Copper is vital for the security of institutional clients trading in cryptocurrency assets. ClearLoop provides a crucial bridge between institutional clients and leading cryptocurrency exchanges, which can further boost financial opportunities.

3. How can institutional clients sign up for ClearLoop?

Institutional clients of Ouyi OKX can contact Copper to sign up for ClearLoop services.

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