You read that right! Tesla is about to land on Binance! This move has left other stock tokenization exchanges in shock 😂
Just like when Alpha dominated other platforms on Binance, now over 300 million users have gotten used to trading on Binance.
A few days ago, there was an event for stock trading tokens that added 5 points (a reminder from Hongjie: this event expires on February 3rd, remember to participate!). It turns out that this was a setup from the beginning. If now you can directly use USDT to trade assets linked to US stocks in the same account, the time and funds that everyone stays on Binance will significantly increase.
In the past, people thought the crypto world and US stocks were two different realms, but now web2 and web3 are directly linked, and there are no weekends or holidays where trading stops. This is a 24/7 trading opportunity.
Recently, there have also been rumors that the New York Stock Exchange is going to implement 24/7 on-chain stock trading, which indicates that traditional financial giants are squeezing into our territory. Binance is the first to support stock trading pairs, essentially defending against the invasion of these traditional giants. If we cannot keep up with the pace of full assetization, our future core competitiveness may be weakened.
In the past, trading altcoins was like searching for opportunities in a giant wave, but now Binance has introduced stock assets with expected dividends and cash flow into the exchange. This way, a lot of stable funds may shift from pure air coins to these assets with underlying support.
This step from Binance has widened the path and raised the competition threshold to a new height. #ContractTrading
Just like when Alpha dominated other platforms on Binance, now over 300 million users have gotten used to trading on Binance.
A few days ago, there was an event for stock trading tokens that added 5 points (a reminder from Hongjie: this event expires on February 3rd, remember to participate!). It turns out that this was a setup from the beginning. If now you can directly use USDT to trade assets linked to US stocks in the same account, the time and funds that everyone stays on Binance will significantly increase.
In the past, people thought the crypto world and US stocks were two different realms, but now web2 and web3 are directly linked, and there are no weekends or holidays where trading stops. This is a 24/7 trading opportunity.
Recently, there have also been rumors that the New York Stock Exchange is going to implement 24/7 on-chain stock trading, which indicates that traditional financial giants are squeezing into our territory. Binance is the first to support stock trading pairs, essentially defending against the invasion of these traditional giants. If we cannot keep up with the pace of full assetization, our future core competitiveness may be weakened.
In the past, trading altcoins was like searching for opportunities in a giant wave, but now Binance has introduced stock assets with expected dividends and cash flow into the exchange. This way, a lot of stable funds may shift from pure air coins to these assets with underlying support.
This step from Binance has widened the path and raised the competition threshold to a new height. #ContractTrading