#bstockscis
#bStocksCIS
@BinanceCIS
š§© What actually happens after you click Buy?
Earlier, I used to think of the purchase very simply:
USDT ā Buy ā bStock.
But if you want to truly understand the financial instrument, it helps to break this process down into steps.
When trading bStocks on Binance, the logic starts with a standard Spot trade.
1ļøā£ You have USDT.
2ļøā£ You choose the required bStock/USDT pair.
3ļøā£ You place an order.
4ļøā£ The order finds the corresponding liquidity in the market.
5ļøā£ After the trade is executed, the bStock appears in your balance.
You could stop there.
But thereās an important detail here:
Buying a token on Spot is not the same as directly buying a stock through a traditional broker.
You are buying bStock specificallyāa certificate that represents an economic exposure to the corresponding underlying stock.
Thatās why itās useful to separate two levels:
š¦ Underlying asset
ā the underlying stock that the structure is based on.
āļø bStock
ā a tokenized certificate that you trade on Binance.
This distinction becomes especially important when you start looking into conversion, the Multiplier, the holderās rights, and the productās mechanics.
#bStocksCIS
@BinanceCIS
š§© What actually happens after you click Buy?
Earlier, I used to think of the purchase very simply:
USDT ā Buy ā bStock.
But if you want to truly understand the financial instrument, it helps to break this process down into steps.
When trading bStocks on Binance, the logic starts with a standard Spot trade.
1ļøā£ You have USDT.
2ļøā£ You choose the required bStock/USDT pair.
3ļøā£ You place an order.
4ļøā£ The order finds the corresponding liquidity in the market.
5ļøā£ After the trade is executed, the bStock appears in your balance.
You could stop there.
But thereās an important detail here:
Buying a token on Spot is not the same as directly buying a stock through a traditional broker.
You are buying bStock specificallyāa certificate that represents an economic exposure to the corresponding underlying stock.
Thatās why itās useful to separate two levels:
š¦ Underlying asset
ā the underlying stock that the structure is based on.
āļø bStock
ā a tokenized certificate that you trade on Binance.
This distinction becomes especially important when you start looking into conversion, the Multiplier, the holderās rights, and the productās mechanics.
