Official announcement: Binance Stock Trading will charge depositary fees for some ADRs in October. This is not bStocks. Fees are listed per share in USDC by record date (ET): e.g., LPL/NOAH 0.02, HDB 0.01, ERIC 0.02, and COE 0.05. Record dates range from September 30 to October 22; refer to the announcement for the full list.
The announcement states that if you hold shares on the record date, you will be charged even if you sell them afterward. Fees are typically collected about a month after the depositary bank charges them, and will be automatically deducted in USDC when due. If your balance is insufficient, outstanding fees will be deducted once funds become available; assets of equivalent value may also be temporarily frozen.
What this means for you: First, check your holdings on the record dates. If you held none, this doesn't affect you. If the rules change, the latest announcement will apply. Will you check the list first, or first make sure you understand that this isn't bStocks?
#美股 #ADR
The announcement states that if you hold shares on the record date, you will be charged even if you sell them afterward. Fees are typically collected about a month after the depositary bank charges them, and will be automatically deducted in USDC when due. If your balance is insufficient, outstanding fees will be deducted once funds become available; assets of equivalent value may also be temporarily frozen.
What this means for you: First, check your holdings on the record dates. If you held none, this doesn't affect you. If the rules change, the latest announcement will apply. Will you check the list first, or first make sure you understand that this isn't bStocks?
#美股 #ADR