SpaceX IPO has really cranked up the hype around crypto stocks, and just now Binance announced the launch of real US stock token services, enabling 24/7 on-chain stablecoin trading for US stocks.
Users can buy stocks on Binance, which converts into stock tokens at a proportional rate, allowing withdrawal to the blockchain or direct exchange on-chain using stablecoins.
Maybe now is a good time to short $ONDO 🤔
As for dividends and stock splits, those are handled automatically on-chain through a leverage mechanism, with no T+1 or settlement period restrictions.
This means if you want to avoid any centralized brokers or exchanges, you can swap these US stock tokens on-chain using stablecoins. And if there's a future need, you can always redeem them back on Binance for stocks or sell them on-chain for USD stablecoins.
#bstocks正式上线
Users can buy stocks on Binance, which converts into stock tokens at a proportional rate, allowing withdrawal to the blockchain or direct exchange on-chain using stablecoins.
Maybe now is a good time to short $ONDO 🤔
As for dividends and stock splits, those are handled automatically on-chain through a leverage mechanism, with no T+1 or settlement period restrictions.
This means if you want to avoid any centralized brokers or exchanges, you can swap these US stock tokens on-chain using stablecoins. And if there's a future need, you can always redeem them back on Binance for stocks or sell them on-chain for USD stablecoins.
#bstocks正式上线