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Binance Wallet Adds On-Chain Stock Trading Feature With Zero Minimum Fees

Binance Wallet Adds On-Chain Stock Trading Feature With Zero Minimum Fees

According to Binance, users can now trade tokenized stocks on its blockchain wallet platform with minimum fees starting at 0%, enhancing accessibility to traditional asset markets.

Summary

Binance announced via official statement on November 26 the launch of on-chain stock trading through its wallet service. This new feature allows users to trade tokenized representations of traditional stocks directly on Binance’s blockchain-based platform. The company highlighted that the minimum transaction fee starts at 0%, offering cost-effective access to these assets. Trading is available in the Binance app’s Market section under On-Chain Stocks.

Terms & Concepts
  • On-chain stocks: Tokenized representations of traditional stocks traded and settled using blockchain technology.
  • Binance: A major global cryptocurrency exchange offering trading, wallet, and blockchain-based financial services.
  • Tokenized assets: Digital tokens representing ownership of real-world assets such as stocks or commodities on a blockchain.