Binance Expands Services with US Stock Trading for Non-US Users

Binance, the world's largest cryptocurrency exchange, has made a significant move to become a full-scale financial platform by introducing stock trading services for non-US users.

The company has partnered with Nest Trading for brokerage services and Alpaca Securities for custody, dividends, and corporate actions. Users can fund their trades using cryptocurrencies such as USDT, USDC, and BNB, and fractional shares start at just $5.

The trading feature is already live on the Binance app and website under the Spot trading tab, and trades settle directly in USDC on the platform itself. Zero commissions apply to all trades, but a minimum platform fee of $0.35 per order applies, with orders above $350 attracting a 10 basis point fee instead.

The company also announced plans to launch tokenized stocks called bStocks, which will allow users to convert eligible stock holdings into on-chain digital assets and trade them on BNB Chain. The rollout is expected within the coming weeks.