Binance Launches US Stocks, ETF Trading In Tokenized Equities Plan
The post Binance Launches US Stocks, ETF Trading In Tokenized Equities Plan appeared on BitcoinEthereumNews.com. Binance, the world’s biggest crypto exchange by trading volume, has entered the U.S. stock trading arena. It will help users outside the U.S. to trade over 7,000 U.S. stocks and ETFs as part of the initiative. Binance To Launch Tokenized US Stocks Access to American equities will be easier for foreign investors with Binance’s new offering. It will provide zero-commission trading and fractional share purchases beginning at $5. Users will have the ability to pay for stocks with stablecoins like USTC and USDT, and some cryptocurrencies, including Binance Coin (BNB). Binance co-CEO Richard Teng that there is an increasing appetite among investors in other countries for American stocks, per Fortune report. He said that U.S. stocks make up “well over half of the global equities market.” He added that investors outside the United States have a lot of obstacles and costs to get into