Binance Announces Plans to Stop Stock Token Trading on its Platform

Binance Announces Plans to Stop Stock Token Trading on its Platform

(Binance.com) Binance will no longer support stock tokens on its platform starting October 10, 2021 as it shifts to other product offerings.

Users holding stock tokens can choose to sell or continue holding them over the next three months.

Users will be unable to close their positions or sell the stock tokens after the expiry of the given period.

Positions on stock tokens will be closed on October 15, 2021, with closing prices based on actual executed prices on market open the same day.

Binance users within the European Economic Area and Switzerland can move their stock token balances to CM-Equity AG, after the establishment of a new portal.

BNBUSD is down -4.17%.

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