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Crypto Exchange Binance lists more Stock Tokens that are tradable through crypto coins.

Today, Binance lists 3 more stock tokens that are tradable through crypto coins. The three stock tokens that Binance lists today are Microstrategy (MSTR), Apple (AAPL) and Microsoft (MSFT).

Basically, Binance Stock Tokens are tokens of stocks that trade on traditional stock market. These tokens are produced on security held by a third party. If the price of the stock rises the stock token is anticipated to increase accordingly.

If the rate of the stock falls then the stock token is expected to fall appropriately. 2 stock tokens are already in full trading mode on Binance i.e. COIN/BUSD and TSLA/BUSD.

Together with the above two stock tokens, the trading of Microstrategy (MSTR/BUSD), Apple (AAPL/BUSD) and Microsoft (MSFT/BUSD) stock tokens to begin quickly based on the schedule.

Microstrategy (MSTR/BUSD) at 2021-04-26 1:30 PM (UTC).
Apple (AAPL/BUSD) at 2021-04-28 1:30 PM (UTC).
Microsoft (MSFT/BUSD) at 2021-04-30 1:30 PM (UTC).
According to the main article of Binance, "Stock Tokens are fully backed by a depository portfolio of underlying securities held by CM-Equity AG, Germany (" CM-E").".

" Holders of Stock Tokens will get approved for economic returns on the underlying shares, including prospective dividends.".

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