Binance Expands Stock Market Offerings with New bStock Trading Pairs
Binance has expanded its offerings in the stock market by introducing new bStock trading pairs. These tokenized representations of U.S. equities allow users to trade without the traditional restrictions of a regular stock exchange.
The newly listed bStocks include ALABB/USDT, ASMLB/USDT, ASTSB/USDT, BMNRB/USDT, COHRB/USDT, CRDOB/USDT, IRENB/USDT, NFLXB/USDT, SMCIB/USDT, and USARB/USDT. Each bStock operates as a BEP-20 token on BNB Chain, is backed 1:1 by the underlying U.S. stock held by a regulated custodian, and can be exchanged instantly without fees for traditional Binance Stocks.
The availability of these new trading pairs allows users to trade 24/7 with support for fractional shares. Corporate actions such as dividends and stock splits are handled automatically via on-chain mechanisms, giving users more flexibility in their trades.