Top cryptocurrency exchange Binance has just announced the listing of Coinbase Stock Token (COIN) on April 14, 2021. The exact time is left unknown for now.
The trading pair of COIN/BUSD will be open by the time of listing. Users can look forward to trading fractional Coinbase stock here.
Earlier this week, Tesla (TSLA) became the first of Binance’s tokenized stocks. The exchange intends to list more stock tokens, keeping the demands of the market in mind. TSLA has seen a trading volume of $6.6 million at the moment.
Binance’s stock token trading follows traditional market hours and residents in Mainland China, Turkey, and other restricted jurisdictions are prohibited from participating. Traders need to pass Know-Your-Customer and other relevant compliance measures beforehand.