Crypto exchange Binance rolls out trading in US stocks, ETFs
Eligible users can trade more than 7,000 U.S. stocks and ETFs with zero commission and fractional shares starting at $5, Binance said.
- On Monday, Binance introduced U.S. equities trading, giving eligible users access to more than 7,000 U.S.-listed stocks and ETFs with zero-commission trading and fractional share purchases starting at $5.
- Co-Founder and co-CEO of Binance Yi He stated the company aims to reach the "next 3 billion users" by becoming a "multi-asset financial super app" integrating traditional investing and on-chain finance.
- Binance also announced plans for "bStocks," enabling users to tokenize equities on the BNB blockchain in coming weeks, providing a "native bridge from traditional stock ownership to programmable, always-on tokenized assets."
- This move follows similar offerings from rivals Coinbase and Robinhood; select equities will be available for 24/5 trading as cryptocurrency exchanges increasingly compete to provide comprehensive investment services.
- Regarding regulatory status, Binance clarified that "bStocks" are not registered under the U.S. Securities Act of 1933 and are unavailable to U.S. persons, with trading involving high market risk and volatility.
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Binance Opens US Stocks Trading to Non-US Users in Super App Push, Previews Tokenized bStocks on BNB Chain
Binance, the world’s largest cryptocurrency exchange by trading volume, launched trading on more than 7,000 US-listed stocks and ETFs on Monday for eligible users outside the United States, with zero commissions, fractional shares starting at $5, and 24/5 market hours. Customers can fund positions using USDT, USDC, BNB, or other supported cryptocurrencies, with a minimum platform fee of $0.35 per order and a 10 basis point fee on trades above $3…
Binance Launches U.S. Stock Trading, Expands Beyond Crypto With Tokenized Equities Plan
Binance has rolled out commission-free U.S. stock and ETF trading for eligible users, adding another asset class to its platform as crypto exchanges increasingly blend digital assets with traditional investments.
PR Newswire
Binance Launches U.S. Stocks Trading and Previews bStocks Tokenized Securities
/PRNewswire/ -- Binance today introduced U.S. equities trading, giving eligible users access to more than 7,000 U.S.-listed stocks and ETFs. The launch...
Crypto exchange Binance rolls out trading in US stocks, ETFs
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