Crypto’s largest exchange just handed itself a report card on its new stock-trading feature, and the results are surprisingly boring. In a good way.
Binance Research published a report on June 4 titled “Equity Layer: From Tokens to Tickers,” revealing that 70% of users on its newly launched equities platform are holding stocks rather than same-day trading them.
From memecoins to Microsoft
The data comes from the first week of activity following Binance’s June 1 launch of direct US equities trading for eligible non-US users. The platform now offers access to more than 7,000 stocks and ETFs, with no commission fees and fractional share purchases starting at just $5.
Trading runs 24/5 on select assets through Binance’s regulated entity in the Abu Dhabi Global Market.
