stocks tokens

How to trade in Stocks Tokens on Binance


 Hii guys how are you, hope you all are very well and safe at your home in this pandemic situation👍😷😷
We were very sorry because we are not active from last few days but right now, we will come with a very good news about new trading concept which recently introduce by the Binance exchange.

So, guys now you can trade in various stocks on the binance platform like Tesla, apple, Microsoft and MicroStrategy. Yes, now not only cryptocurrency but you can enjoy the trading in stocks easily…

But there is one thing different from other stocks trading platform and the thing is first you have start trading on stock tokens yes, actually here you are not buying a real share or stock here you can buy and sell in the form of tokens of stocks. For making easily process of stock tokens buy and sell that’s why binance makes a partnership with CM-Equity AG company.

*If you want to do a trading in share market or stock market you need to buy at least 1 share of the company which means if you don’t have such money to buy a single share so you can’t start trading in the market but binance this concept of trading gives you a chance to start trading with little amount.

*Stock tokens means there is no necessary need to buy a complete 1 share, here you available to buy a 100th part of the single stock like cryptocurrency and start your trading.

* Before you start trading in stocks you need to complete your level 2 or level 3 KYC at binance

* You can’t make an order in USDT or EURO pairs use can use only BUSD as currency to buy and sell the stocks

* But if you are belonging from the China, Turkey, and the United States of America so you can’t trade in this section on binance because of some government policies.

* Token holders will also enjoy benefits such as dividends and other economic benefits of holding the underlying stock but the token holder has no legal and voting rights and also the token holder are not eligible to attend the company’s AGM.

* You don’t have the authority to transfer these stock tokens to other exchanges you can only trade or buy and sell these tokens at only binance platform.

* Trading hours will be in harmony with the underlying exchange (NYSE/NASDAQ = 9:30 am – 4 pm EST). Outside of trading hours, there will be no price updates or orders permitted.

 

How to put a trade on binance Stokes.

* First you have to create or login in your binance account and complete your level 2 KYC at least okk but if you belong to Germany you have to complete level 3 KYC to start trading.

* Then go to home page and click on Trade option after when click on Trade the table in open, now you have to select stock tokens to go to the stock trading page.

* When you arrive the page, you can start your trading as like spot trading if you don’t know how to trade then click here to know how to trade in spot or margin trading.

* Select the stock token and fill the BUSD amount in amount section and click on buy button to put the buy order.

* And for sale do as like previous procedure but this time you have to select sell section and select the order to sell.

Now you are ready to enjoy the new ride so go and earn money…….👍👍👍👍

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