The more I study bStocks, the clearer it becomes why it could be interesting to people who previously traded American stocks only rarely.
If you already use Binance, keep USDT, and are used to their interface, then there’s no point in switching to somewhere else just to buy stocks. For example, you see $NVDAB - that’s NVIDIA. $CRCLB - that’s Circle. And $SPCXB - SpaceX.
So, for Americans it may be a pretty unusual way to buy stocks, but for someone from an emerging market the difference could be much more significant: earlier, American stocks were something separate, but now they’re available in the same place where they’re already used to trading crypto.
#bstockscis @BinanceCIS
If you already use Binance, keep USDT, and are used to their interface, then there’s no point in switching to somewhere else just to buy stocks. For example, you see $NVDAB - that’s NVIDIA. $CRCLB - that’s Circle. And $SPCXB - SpaceX.
So, for Americans it may be a pretty unusual way to buy stocks, but for someone from an emerging market the difference could be much more significant: earlier, American stocks were something separate, but now they’re available in the same place where they’re already used to trading crypto.
#bstockscis @BinanceCIS