bStocks has come up with a new way to play

Today I saw the announcement and went to check Binance’s US stock offerings. The main issue Dogdan ran into when buying US traditional stocks is that if you buy stocks, you can’t transfer funds through immediately—you have to wait until the next day when the US stock market settles.

So I bought bStocks stocks, like SPCXB and SKHYB. You can trade 24/7, no worries about getting stuck with funds!

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bStocks new feature:

1️⃣ In addition to the existing 24-hour trading, Dogdan noticed that there are now 15 new bStocks margin trading options. That means the bStocks you buy can be used as margin collateral for margin and pledge trading.

2️⃣ The bStocks collateral assets in Binance have fully released liquidity. It includes tech giants, AI/chips, growth stocks, space exploration, and ETFs.

3️⃣ Now the bStocks we’re buying have officially entered the margin system. Not only can you buy and sell, but you can also do partial collateralization. Compared with meme coins, this kind of US stock collateral feels safer. However, this currently does not support lending.

🏝️ How Dogdan plays bStocks collateral:

I’ve always liked US stocks. Usually I buy them for long-term holding. For example, with spcxb, my current move is: I buy it on Binance, then use it as collateral, borrow USDT, and then go to BSC to provide liquidity for SPCXB/USDT (LP).

But this is currently available only to users VIP3 and above, and to users from eligible jurisdictions. In the future it may open up to more users. If you’re qualified, I suggest you give bStocks a try.

Maximize the use of your funds—but this is also leverage, so don’t let your risk exposure get too large! I usually keep 20% of my stablecoins as backup margin. $NVDAB