#bstockscis
Why you can’t buy bStock right after you see a familiar ticker.
Even if it’s NVIDIA, Tesla, or Microsoft.
Before pressing Buy, I would spend 3 minutes checking.
1. On Binance, the same company can be represented by different instruments.
So first I check the ticker and the product type.
bStock is not the same as a perpetual.
2. Then I look at the bid and ask.
The price on the chart by itself guarantees nothing.
For example, you see $100.
But you’ll have to buy at $101, and sell right now is only possible for $98.
That difference already matters.
So before entering, I look not just at the last price, but at the order book.
3. I check liquidity
Especially if the purchase amount for me isn’t small.
The thinner the order book, the higher the risk that my order will move the price by itself.
And here, the company’s popularity doesn’t guarantee anything.
A well-known stock ≠ a deep market for its tokenized version.
4. If bStock moves a lot, I want to know:
a) what’s happening right now with the actual stock?
If the traditional market is closed— I look at the last available price and fresh company news.
5. My short algorithm:
Ticker → instrument type → order book → spread → liquidity → underlying → news → Buy.
@BinanceCIS #bstocksсis
Why you can’t buy bStock right after you see a familiar ticker.
Even if it’s NVIDIA, Tesla, or Microsoft.
Before pressing Buy, I would spend 3 minutes checking.
1. On Binance, the same company can be represented by different instruments.
So first I check the ticker and the product type.
bStock is not the same as a perpetual.
2. Then I look at the bid and ask.
The price on the chart by itself guarantees nothing.
For example, you see $100.
But you’ll have to buy at $101, and sell right now is only possible for $98.
That difference already matters.
So before entering, I look not just at the last price, but at the order book.
3. I check liquidity
Especially if the purchase amount for me isn’t small.
The thinner the order book, the higher the risk that my order will move the price by itself.
And here, the company’s popularity doesn’t guarantee anything.
A well-known stock ≠ a deep market for its tokenized version.
4. If bStock moves a lot, I want to know:
a) what’s happening right now with the actual stock?
If the traditional market is closed— I look at the last available price and fresh company news.
5. My short algorithm:
Ticker → instrument type → order book → spread → liquidity → underlying → news → Buy.
@BinanceCIS #bstocksсis