#bstockscis @BinanceCIS ДВІ КНОПКИ, ОДИН АКТИВ. I THOUGHT THERE WAS NO DIFFERENCE—THEN I COMPARED THE RECEIPTS 🧾
#bstock can be taken via the spot wallet or via Convert. I clicked whichever was closer.
At 02:10 at night, I checked both at the same amount. Nasdaq was closed, but #BStocks trades 24/7, so nothing prevented my little experiment))
Spot, limit order SPCXB/USDT: filled 100% as Taker, average 139.74. It deducted 9.92154 USDT, received 0.071 SPCXB, fee 0.000071 SPCXB.
Convert, same minute: 10 USDT → 0.071478 SPCXB at rate 139.903. Fee zero.
By order-book price, the spot won: 139.74 vs 139.903, i.e., 0.117% cheaper.
Now subtract the taker fee of 0.1%.
Net advantage of the spot is 0.017%. For 10 USDT, that’s 0.0000119 SPCXB. A half cent.
Convert shows zero commission, and that’s honest—it’s built into the rate. The order book gives a better price, but the fee eats it up.
So the question isn’t “where is the commission smaller,” but “what price do you actually end up with after everything.”
If the order were placed as a Maker, the gap would be more noticeable. With larger orders, that’s real money.
bStock is a certificate backed 1:1 by a share, giving economic exposure to the price—not voting rights or the status of a shareholder.
I attached screenshots. Well, personally, if I’m not in a hurry, I can still buy with a limit order))
Have you calculated your actual entry price—or did you only look at what’s shown on the screen?
#bstock can be taken via the spot wallet or via Convert. I clicked whichever was closer.
At 02:10 at night, I checked both at the same amount. Nasdaq was closed, but #BStocks trades 24/7, so nothing prevented my little experiment))
Spot, limit order SPCXB/USDT: filled 100% as Taker, average 139.74. It deducted 9.92154 USDT, received 0.071 SPCXB, fee 0.000071 SPCXB.
Convert, same minute: 10 USDT → 0.071478 SPCXB at rate 139.903. Fee zero.
By order-book price, the spot won: 139.74 vs 139.903, i.e., 0.117% cheaper.
Now subtract the taker fee of 0.1%.
Net advantage of the spot is 0.017%. For 10 USDT, that’s 0.0000119 SPCXB. A half cent.
Convert shows zero commission, and that’s honest—it’s built into the rate. The order book gives a better price, but the fee eats it up.
So the question isn’t “where is the commission smaller,” but “what price do you actually end up with after everything.”
If the order were placed as a Maker, the gap would be more noticeable. With larger orders, that’s real money.
bStock is a certificate backed 1:1 by a share, giving economic exposure to the price—not voting rights or the status of a shareholder.
I attached screenshots. Well, personally, if I’m not in a hurry, I can still buy with a limit order))
Have you calculated your actual entry price—or did you only look at what’s shown on the screen?