Overview
- Binance announced Monday that eligible non‑U.S. users can trade more than 7,000 U.S. stocks and ETFs commission‑free with fractional purchases starting at $5.
- Customers can fund purchases with stablecoins such as USDC and USDT plus selected crypto including BNB, while Nest Trading executes orders and Alpaca handles custody, dividends, and corporate actions.
- The company said bStocks, a feature to let users convert eligible shares into on‑chain tokens on BNB Chain, is expected to roll out in the coming weeks but has not yet launched.
- Binance also introduced related products for international users, including USDS‑margined perpetual contracts that trade 24/7 with up to 20x leverage, increasing both access and trading risks.
- The rollout repeats a model of using regulated partners and special‑purpose issuers to bridge crypto rails with traditional markets, and it arrives while regulators worldwide continue to question legal frameworks for tokenized equities.