Binance Opens Trading in More Than 7,000 U.S. Stocks and ETFs for Non-U.S. Users

Binance says non-U.S. users can trade more than 7,000 U.S. stocks and ETFs with zero commission and $5 minimums; DeFiLlama later showed about $771 million in net inflows after the June 1 launch.

USDT
BNB
USDC

Summary

Binance said users outside the United States can trade more than 7,000 U.S. stocks and ETFs as part of its push to become a multi-asset financial super app, offering zero-commission trading and fractional purchases starting at $5. The exchange said purchases can be funded with stablecoins including USDT and USDC, and also cited support for other digital assets such as BNB, with Nest Trading providing broker-dealer support and Alpaca expected to handle custody, settlement, dividends and corporate actions. Binance also introduced bStocks, a planned feature to let users convert purchased equities into synthetic tokenized representations on the BNB blockchain in the coming weeks. Separately, DeFiLlama data showed about $771 million in net inflows in the 24 hours after the June 1 launch, a reversal from May, when Binance mostly saw net outflows, including roughly $1.2 billion in stablecoin outflows.

Terms & Concepts
  • ETF: An exchange-traded fund is a security that trades on an exchange and typically tracks a basket of assets such as stocks or bonds.
  • net inflows: The value of assets entering a platform minus those leaving it.
  • BNB blockchain: Binance’s blockchain network, which the company says will be used for its planned bStocks tokenization feature.