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Crypto News - Binance Lists New Tradable Stock Tokens - Bitcoin News

2021-04-26 11 Dailymotion

⭐ Find us on social media: https://allmylinks.com/cryptonews?ref=vnj7<br /><br />Crypto Exchange Binance lists more Stock Tokens that are tradable through crypto coins.<br /><br />Today, Binance lists 3 more stock tokens that are tradable through crypto coins. The three stock tokens that Binance lists today are Microstrategy (MSTR), Apple (AAPL) and Microsoft (MSFT).<br /><br />Basically, Binance Stock Tokens are tokens of stocks that trade on traditional stock market. These tokens are produced on security held by a third party. If the price of the stock rises the stock token is anticipated to increase accordingly.<br /><br />If the rate of the stock falls then the stock token is expected to fall appropriately. 2 stock tokens are already in full trading mode on Binance i.e. COIN/BUSD and TSLA/BUSD.<br /><br />Together with the above two stock tokens, the trading of Microstrategy (MSTR/BUSD), Apple (AAPL/BUSD) and Microsoft (MSFT/BUSD) stock tokens to begin quickly based on the schedule.<br /><br />Microstrategy (MSTR/BUSD) at 2021-04-26 1:30 PM (UTC).<br />Apple (AAPL/BUSD) at 2021-04-28 1:30 PM (UTC).<br />Microsoft (MSFT/BUSD) at 2021-04-30 1:30 PM (UTC).<br />According to the main article of Binance, "Stock Tokens are fully backed by a depository portfolio of underlying securities held by CM-Equity AG, Germany (" CM-E").".<br /><br />" Holders of Stock Tokens will get approved for economic returns on the underlying shares, including prospective dividends.".<br /><br />⭐ Watch more videos here: https://www.youtube.com/channel/UC0tBiZtrJ56vGCHAkWdjvSw<br />

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