Binance Goes Beyond Crypto, Starts Free U. S. Stock Trading

Binance has announced that users can now trade over 7,000 U.S. stocks and ETFs—with no commission fees—and start with fractional shares as low as $5. The platform operates 24 hours a day, five days per week.

How It Works

• Broker‑Dealer: Binance handles the stock side through Nest Trading Limited, a licensed broker‑dealer in the Abu Dhabi Global Market (ADGM).
• Fractional Shares: Investors can buy fractions of a share, starting at $5.
• 24/7 Access: Trading is available around the clock on weekdays.

Future Plans: Tokenized Securities

Binance plans to launch bStocks, a new product offering tokenized versions of U.S. stocks and ETFs.

• Digital Shares: Tokenized shares will primarily be purchased with USDC, but Binance also supports BNB, USDT, USD1, and United Stables’ U token.
• Settlement: When tokens are sold, proceeds will be returned in USDC.
• Issuer: bStocks products are expected to be issued by BTECH Holdings Ltd., a special‑purpose vehicle registered in ADGM.

Chief Executive Richard Teng notes that tokenization can simplify access to financial assets and bridge traditional markets with the digital world.

Additional Features

• Fully Paid Securities Lending: Users can lend out their shares to earn extra income.
• Competitive Landscape: Binance now competes directly with exchanges like Coinbase and Kraken, both of which have expanded their equity services.

Industry Context

• Kraken plans commission‑free trading for over 11,000 U.S. stocks and ETFs in 2025.
• Coinbase already offers free fractional‑share trading nationwide.

Binance’s expansion into tokenized securities is part of its broader strategy to create a multi‑asset platform that blends investing, trading, and blockchain finance.