Binance TQQQB/SQQQB Freeze for tonight: trading is still open ≠ you can still swap or deposit/withdraw
These TQQQB and SQQQB batches are not fully frozen yet: Binance says that starting from 23:30 UTC on September 22, conversions and deposits/withdrawals for the TQQQ↔️TQQQB and SQQQ↔️SQQQB pairs will be paused first—while the trading pair itself is still open. Don’t confuse “can be matched” with “can still be swapped” or “can still be deposited/withdrawn.”
The same announcement is essentially split into two rounds: for SOXSB and MUUB, the record-date snapshots are 00:00 UTC on September 22, and conversions and deposits/withdrawals were frozen at 23:30 UTC yesterday. For TQQQB and SQQQB, the record date only takes effect at 00:00 UTC on September 23. After dividends’ net amount is reduced by taxes and fees, it’s reinvested into extra units (or fractional shares) of the same underlying. What you receive goes into your spot account as bStocks—not into your US stock account as an extra share.
What you can’t get is the “direct shareholding”: the announcement explicitly states that this is a certificate under the ADGM prospectus channel, not the listed shares themselves—so your region may not be able to access it. Dividends from holdings in accounts such as wealth management or leveraged accounts will also be allocated to the spot account first.
That freezing countdown tonight matters more than the dividend copy—if you hold TQQQB/SQQQB and plan to swap or withdraw, don’t bet against the notice.
$TQQQ
$SQQQB
These TQQQB and SQQQB batches are not fully frozen yet: Binance says that starting from 23:30 UTC on September 22, conversions and deposits/withdrawals for the TQQQ↔️TQQQB and SQQQ↔️SQQQB pairs will be paused first—while the trading pair itself is still open. Don’t confuse “can be matched” with “can still be swapped” or “can still be deposited/withdrawn.”
The same announcement is essentially split into two rounds: for SOXSB and MUUB, the record-date snapshots are 00:00 UTC on September 22, and conversions and deposits/withdrawals were frozen at 23:30 UTC yesterday. For TQQQB and SQQQB, the record date only takes effect at 00:00 UTC on September 23. After dividends’ net amount is reduced by taxes and fees, it’s reinvested into extra units (or fractional shares) of the same underlying. What you receive goes into your spot account as bStocks—not into your US stock account as an extra share.
What you can’t get is the “direct shareholding”: the announcement explicitly states that this is a certificate under the ADGM prospectus channel, not the listed shares themselves—so your region may not be able to access it. Dividends from holdings in accounts such as wealth management or leveraged accounts will also be allocated to the spot account first.
That freezing countdown tonight matters more than the dividend copy—if you hold TQQQB/SQQQB and plan to swap or withdraw, don’t bet against the notice.
$TQQQ
$SQQQB
