Day 2. (Part 2/2)
For example, when paying dividends to the user, no cash is credited. After withholding the required tax, the net amount is automatically reinvested, and its effect is reflected through a change in the Multiplier coefficient. What does this mean for a typical user? No constant hassle with declaring and paying taxes on dividends—they will be automatically reinvested and you don’t have to do anything.
Another important advantage is instant calculations. On a traditional stock market, completing a trade usually takes one business day (T+1). With bStocks, however, the transfer happens practically immediately after the transaction is confirmed on the BNB Smart Chain network. This makes round-the-clock trading 24/7 possible, regardless of when the US exchanges are open (which operate only 6.5 hours a day, Monday through Friday).
Thus, bStocks’ technical architecture combines transparent backing with real shares, verifiable reserves, smart contracts, automatic handling of corporate events, and blockchain speed.
I’d be happy to receive your feedback in the form of comments and likes!
@BinanceCIS #BinanceCIS
For example, when paying dividends to the user, no cash is credited. After withholding the required tax, the net amount is automatically reinvested, and its effect is reflected through a change in the Multiplier coefficient. What does this mean for a typical user? No constant hassle with declaring and paying taxes on dividends—they will be automatically reinvested and you don’t have to do anything.
Another important advantage is instant calculations. On a traditional stock market, completing a trade usually takes one business day (T+1). With bStocks, however, the transfer happens practically immediately after the transaction is confirmed on the BNB Smart Chain network. This makes round-the-clock trading 24/7 possible, regardless of when the US exchanges are open (which operate only 6.5 hours a day, Monday through Friday).
Thus, bStocks’ technical architecture combines transparent backing with real shares, verifiable reserves, smart contracts, automatic handling of corporate events, and blockchain speed.
I’d be happy to receive your feedback in the form of comments and likes!
@BinanceCIS #BinanceCIS