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Binance has introduced a feature allowing users to automate recurring purchases of tokenized U.S. equities (bStocks) via its Convert tool, with minimum investments as low as 0.01 USDC and zero fees, and noted an associated reward pool of up to 10 MUB.
Binance has released a feature within its Convert tool that allows users to set up automated, recurring purchases of tokenized U.S. equities (bStocks), with a minimum transaction amount of 0.01 USDC. This function is accessible through both the Convert and Buy/Sell interfaces and supports 24/7 dollar-cost averaging into fractional shares, bypassing traditional U.S. market hour restrictions.
The service is promoted as having no fees for recurring investments. While an associated reward pool of up to 10 MUB is referenced in the announcement, available external sources do not provide additional details about this component.
Binance is a major global cryptocurrency exchange headquartered in Hong Kong, known for its high trading volumes, platform liquidity, and proprietary BNB Coin used within its ecosystem. The platform offers low commissions, features a dedicated cold wallet for asset storage, and supports a large number of active users, but users may encounter a complex commission structure, technical complaints, and a detailed verification process. For detailed information, visit the broker profile on Traders Union.
For more context, see our earlier news about Binance's plans to launch new TradFi Equity Perpetual contracts, including assets like SK Hynix and GE Vernova, in this previous Binance update on Traders Union.