I used to think the only choice was simple: buy the bStock or do not buy it.
Binance actually describes three routes.
You can buy the underlying stock with token conversion enabled. You can convert an existing eligible stock position into the corresponding bStock. Or you can buy the bStock directly on Binance Spot.
The destination may look similar in a wallet, but the path matters because each route starts from a different situation.
Already hold the stock? Conversion may be the relevant question. Want a direct spot trade? That is a different route. Want to buy a stock and receive the bStock after the trade? There is a specific setting for that too.
Knowing the route before pressing Buy makes the product feel much less confusing.
@BinanceCIS #bStocksCIS
Which route would you most likely use first?
Binance actually describes three routes.
You can buy the underlying stock with token conversion enabled. You can convert an existing eligible stock position into the corresponding bStock. Or you can buy the bStock directly on Binance Spot.
The destination may look similar in a wallet, but the path matters because each route starts from a different situation.
Already hold the stock? Conversion may be the relevant question. Want a direct spot trade? That is a different route. Want to buy a stock and receive the bStock after the trade? There is a specific setting for that too.
Knowing the route before pressing Buy makes the product feel much less confusing.
@BinanceCIS #bStocksCIS
Which route would you most likely use first?
