Key facts
- Binance now offers trading in over 7,000 U.S. stocks and ETFs.
- Non-U.S. users can purchase fractional shares with a minimum of $5.
- Trading is available 24/5 during U.S. market hours.
- Trades settle in USDC on the Binance platform, representing real shares.
- Zero commissions apply, with a platform fee of $0.35 per order or 10 basis points for orders over $350.
Binance's expansion into offering U.S. stocks and ETFs signifies a convergence between the cryptocurrency and traditional finance sectors. By enabling global customers to access U.S. equities with potentially lower friction and offering fractional shares, Binance aims to become a more comprehensive financial platform. This move aligns with competitors exploring blockchain applications for traditional assets.