🟡 What actually happens after clicking the BUY button when buying bStock?
From the user’s side, it’s just one button. But behind it, there are several steps.
Let’s imagine $SPCXB :
1️⃣ Choose bStock on Binance Spot and specify the amount.
2️⃣ Choose the order type. Market is executed at the available market price, and Limit is executed only at the set price or better.
3️⃣ The order goes into the trading system and must be filled according to available liquidity and the order conditions.
4️⃣ After the trade is executed, the corresponding amount of bStock is credited to your balance.
5️⃣ Next, you can leave the token on Binance or—if available and it meets the conditions—withdraw it to a compatible BNB Smart Chain wallet.
What’s interesting is that bStocks are traded on Binance Spot 24/7, and Binance states that their settlement typically occurs in less than a second. (Binance)
So BUY is not an “instant creation of a share.” It’s the start of a specific trading process for a tokenized security.
@BinanceCIS #bStocksCIS $SPCXB
From the user’s side, it’s just one button. But behind it, there are several steps.
Let’s imagine $SPCXB :
1️⃣ Choose bStock on Binance Spot and specify the amount.
2️⃣ Choose the order type. Market is executed at the available market price, and Limit is executed only at the set price or better.
3️⃣ The order goes into the trading system and must be filled according to available liquidity and the order conditions.
4️⃣ After the trade is executed, the corresponding amount of bStock is credited to your balance.
5️⃣ Next, you can leave the token on Binance or—if available and it meets the conditions—withdraw it to a compatible BNB Smart Chain wallet.
What’s interesting is that bStocks are traded on Binance Spot 24/7, and Binance states that their settlement typically occurs in less than a second. (Binance)
So BUY is not an “instant creation of a share.” It’s the start of a specific trading process for a tokenized security.
@BinanceCIS #bStocksCIS $SPCXB