#bstockscis
Nuances of Binance bStocks that not everyone knows 🧑💻
At first glance, bStocks are simply shares on Binance, but there’s an important nuance
-bStock is backed by an underlying share 1:1, but the bStock itself is not direct ownership of that share.
That is, you receive a tokenized certificate, not the standard rights of a shareholder.
In simpler terms: you might think that if you buy a share, you also get dividends. But with bStocks, it works differently than with direct share ownership through a broker.
However, there are also big advantages 🧐 - fractional ownership.
You don’t need to buy a whole Tesla or NVIDIA share. You can start for about $5.
Another advantage is trading 24/7 and everything in one Binance account.
@BinanceCIS
Nuances of Binance bStocks that not everyone knows 🧑💻
At first glance, bStocks are simply shares on Binance, but there’s an important nuance
-bStock is backed by an underlying share 1:1, but the bStock itself is not direct ownership of that share.
That is, you receive a tokenized certificate, not the standard rights of a shareholder.
In simpler terms: you might think that if you buy a share, you also get dividends. But with bStocks, it works differently than with direct share ownership through a broker.
However, there are also big advantages 🧐 - fractional ownership.
You don’t need to buy a whole Tesla or NVIDIA share. You can start for about $5.
Another advantage is trading 24/7 and everything in one Binance account.
@BinanceCIS