Binance Enhances Stock-to-bStock Conversion Flexibility for Eligible Users

Binance has highlighted a feature that allows eligible users to convert stock positions into bStocks at a 1:1 ratio, providing flexibility to revert back to traditional stocks when necessary. The exchange announced this capability in an Oct. 6 post on X, emphasizing the connection between its Stocks and bStocks products. Nest Trading Limited handles these conversions without any additional fees, although the service may pause during technical maintenance or corporate actions.

Users have three primary methods to obtain bStocks: tokenizing a stock order, converting existing stock holdings, or purchasing bStocks through Binance Spot. The conversion process is generally available 24/7, but small rounding differences may occur due to differences in decimal precision between stock balances and bStocks. Binance clarified that bStocks are not equivalent to direct company share ownership, as they are issued as certificates by BTech Holdings Limited, a Binance affiliate.

Corporate actions like dividends and stock splits are managed differently for bStocks. Cash dividends are reinvested into the corresponding stock, adjusting the bStock balance via an on-chain multiplier. Stock splits, such as a 2-for-1 split, would double the number of bStocks while halving their individual value. Binance also noted that U.S. users are excluded from the product due to regulatory constraints.

Additionally, Binance has launched separate conversion programs for third-party tokenized securities, offering a fixed 1:1 conversion rate with no fees until Oct. 11, 2026. The exchange also introduced a campaign rewarding new users and first-time bStocks traders with token vouchers, running through Nov. 2, 2026.