What is the underlying asset for bStocks?
Each bStock is linked to a specific company’s stock—this is called the underlying asset.
For example, if a token is tied to the shares of a technology company, then changes in the price of those shares will also affect the price of the corresponding bStock.
That’s why, when analyzing, it’s important to look not only at the token itself, but also to understand what’s happening with the company it’s linked to.
The better you know the underlying asset, the easier it is to understand the reasons behind price movement.
#bStocksCIS @BinanceCIS
Each bStock is linked to a specific company’s stock—this is called the underlying asset.
For example, if a token is tied to the shares of a technology company, then changes in the price of those shares will also affect the price of the corresponding bStock.
That’s why, when analyzing, it’s important to look not only at the token itself, but also to understand what’s happening with the company it’s linked to.
The better you know the underlying asset, the easier it is to understand the reasons behind price movement.
#bStocksCIS @BinanceCIS