Binance Wallet Launches Tokenized Stock Trading with Fees Starting at 0%
Binance Integrates Onchain Stocks: Binance has launched onchain stocks in its Wallet, allowing users to trade tokenized stocks with minimal fees, as low as 0%.
Trading Process: Users can access tokenized stocks by signing into their Binance account, navigating to the Wallet section, and selecting the Stock section to explore available options.
Types of Tokenized Assets: The Binance Wallet currently features two types of tokenized assets: xStock, which uses a synthetic asset model, and Ondo Tokenized, which employs a broker-dealer model.
Available Tokenized Stocks: Notable tokenized stocks listed include METAon (Meta Platforms), SNOWon (Snowflake), CRMon (CRM), AMBRx (Amber International), RIOTon (Riot BTC miner), and HOODon (Robinhood).
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