Jolin一姐
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Explosion! Binance takes a big move: No need to bypass the wall / US stock account, USDT can directly buy Tesla, Tencent! Are traditional brokers going to cool down?
The crypto circle is boiling today! Binance just launched the "on-chain stock" feature, directly pulling US stocks and Hong Kong stocks into the crypto world——for mainland retail investors, this operation can be described as a "dimensionality reduction strike"!
In the past, if you wanted to buy Tesla, Apple, Tencent, Alibaba? You had to bypass the wall to find a US stock broker, or go to Hong Kong in person to open an account, with fees so high it hurts, not to mention the trading time being strictly limited. Now it's great, all three conditions are canceled:
✅ No need to bypass the wall, operate directly domestically;
✅ No US/Hong Kong stock account needed, Binance wallet can handle it;
✅ Say goodbye to high transaction fees, minimum 0% cost, USDT direct settlement!
What's even better are the trading rules: 24-hour service, T+0 buy and sell at any time! Sudden good news from US stocks in the early morning? No need to wait for the market to open, just open the Binance App to buy the dip; Hong Kong stocks plunge in the afternoon? Take profit anytime without being stuck, 10 times more flexible than traditional brokers!
This operation directly delivers a "backstab" to traditional brokers——originally, mainland investors were blocked outside US stocks and Hong Kong stocks, now with the on-chain feature, who would still want to endure high thresholds and high fees? I can only say: the times have really changed!
The operation steps are super simple, just two steps to get started:
1. Open the Binance App, go to the "Wallet" section;
2. Find the "on-chain stock" entrance, select the target, place an order using USDT, and it's done in 1 minute!
Trading US stocks and Hong Kong stocks now using the Binance wallet, popular targets available in one-stop fashion, do you think this is a windfall? There is a problem that mainland users participating in this kind of offshore unregulated trading have no legal protection, the safety of funds and compliance of transactions are all unknowns. The so-called "dimensionality reduction strike" essentially bypasses the regulatory framework of traditional finance, seemingly convenient, but in reality, the risk of stepping on a mine is extremely high, what do you think?
Some say this is a change of the times, on-chain trading will replace traditional brokers; others remind that "shortcuts" without regulatory endorsement may all be traps. Do you think this kind of on-chain stock trading can really take off? Or will it be paused by regulations? Let's discuss your views in the comments! #加密市场观察
The crypto circle is boiling today! Binance just launched the "on-chain stock" feature, directly pulling US stocks and Hong Kong stocks into the crypto world——for mainland retail investors, this operation can be described as a "dimensionality reduction strike"!
In the past, if you wanted to buy Tesla, Apple, Tencent, Alibaba? You had to bypass the wall to find a US stock broker, or go to Hong Kong in person to open an account, with fees so high it hurts, not to mention the trading time being strictly limited. Now it's great, all three conditions are canceled:
✅ No need to bypass the wall, operate directly domestically;
✅ No US/Hong Kong stock account needed, Binance wallet can handle it;
✅ Say goodbye to high transaction fees, minimum 0% cost, USDT direct settlement!
What's even better are the trading rules: 24-hour service, T+0 buy and sell at any time! Sudden good news from US stocks in the early morning? No need to wait for the market to open, just open the Binance App to buy the dip; Hong Kong stocks plunge in the afternoon? Take profit anytime without being stuck, 10 times more flexible than traditional brokers!
This operation directly delivers a "backstab" to traditional brokers——originally, mainland investors were blocked outside US stocks and Hong Kong stocks, now with the on-chain feature, who would still want to endure high thresholds and high fees? I can only say: the times have really changed!
The operation steps are super simple, just two steps to get started:
1. Open the Binance App, go to the "Wallet" section;
2. Find the "on-chain stock" entrance, select the target, place an order using USDT, and it's done in 1 minute!
Trading US stocks and Hong Kong stocks now using the Binance wallet, popular targets available in one-stop fashion, do you think this is a windfall? There is a problem that mainland users participating in this kind of offshore unregulated trading have no legal protection, the safety of funds and compliance of transactions are all unknowns. The so-called "dimensionality reduction strike" essentially bypasses the regulatory framework of traditional finance, seemingly convenient, but in reality, the risk of stepping on a mine is extremely high, what do you think?
Some say this is a change of the times, on-chain trading will replace traditional brokers; others remind that "shortcuts" without regulatory endorsement may all be traps. Do you think this kind of on-chain stock trading can really take off? Or will it be paused by regulations? Let's discuss your views in the comments! #加密市场观察
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