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Apple on Binance — but not quite Apple
Soon on Binance, $AAPL will appear. At first glance, it sounds like Apple Inc. shares can now be bought directly through the cryptocurrency exchange. In reality — no.
This is a perpetual futures contract. A contract that mimics the price movement of AAPL but does not provide any shares of the company, nor dividends, nor participation in issuer events. Just a pure bet on the price movement.
In fact, this is synthetic exposure: you are trading not the stock, but its price.
Why such instruments are emerging:
— access to the movement of American stocks through the cryptocurrency exchange
— leveraging
— working through USDT
— reacting faster than traditional markets
But it is important to understand the difference: this is a trader's tool, not an investor's.
If previously crypto copied finance, now it is gradually pulling in the stock market as well.
#Binance #Derivatives #CryptoTrading #AAPL
photo by imgur.com
Apple on Binance — but not quite Apple
Soon on Binance, $AAPL will appear. At first glance, it sounds like Apple Inc. shares can now be bought directly through the cryptocurrency exchange. In reality — no.
This is a perpetual futures contract. A contract that mimics the price movement of AAPL but does not provide any shares of the company, nor dividends, nor participation in issuer events. Just a pure bet on the price movement.
In fact, this is synthetic exposure: you are trading not the stock, but its price.
Why such instruments are emerging:
— access to the movement of American stocks through the cryptocurrency exchange
— leveraging
— working through USDT
— reacting faster than traditional markets
But it is important to understand the difference: this is a trader's tool, not an investor's.
If previously crypto copied finance, now it is gradually pulling in the stock market as well.
#Binance #Derivatives #CryptoTrading #AAPL
photo by imgur.com