Binance will list the Coinbase Stock Token (COIN) following Coinbase’s official listing on NASDAQ, COIN/BUSD trading pair will be open. Users will be able to trade fractional Coinbase stock on the Binance exchange.
Binance Stock Tokens are zero-commission digital tokens fully backed by a depository portfolio of underlying securities that represents the outstanding tokens. Holders of stock tokens qualify for economic returns on the underlying shares, including potential dividends.
As an exchange, we won’t miss out on good trading volume. Also rooting for $COIN. https://t.co/oAkONw4liZ
— CZ ? Binance (@cz_binance) April 14, 2021
Changpeng Zhao said that many exchanges refuse to list Binance Coin thinking BNB as a competitor. But Binance will not miss out on good volumes coins that are loved by crypto community.
Some exchanges resist listing #bnb as they think it may help @binance. Their loss. They miss out on the 3rd market cap coin and ecosystem.
We evaluate/list peer exchange coins same as any other coin. If they have users, we list. Win win.
Open mindset.
— CZ ? Binance (@cz_binance) April 14, 2021
Coinbase Stock Hits The Market And Gets Reference Stock Price of $250 from Nasdaq
Nasdaq has released the figures for the reference stock price of Coinbase, the largest cryptocurrency exchange in the United States, which is scheduled to be listed on April 14.
According to the official publication of Nasdaq, the reference stock price is set at $250 per Share.
Nasdaq has given Coinbase’s stock, COIN, a reference price of $250. The stock will officially be listed today, April 14.
Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
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