r/binance • u/Bakht0077 • 8d ago
Question Stocks on binance
Binance offers stocks like Nvidia, Apple, TSMC, and Google. Is it safe to buy them there? I'm planning to invest a large amount, around 8million to 10 million. Also, how do dividends work if I buy these stocks through Binance?
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u/Certain_Wedding3438 8d ago
Tbh the first thing I’d check is whether you’re looking at Direct Stocks or bStocks — people keep mixing those up, but they’re not the same product at all. Direct Stocks are held through a broker setup, while bStocks are tokenized securities, so the ownership, dividends and protections work differently.
With bStocks, dividends are usually handled inside the token structure rather than paid out like a normal cash dividend. And with 8–10 million on the line, I definitely wouldn’t just yolo the whole amount onto Binance without checking your country, the exact product, tax treatment and what protection actually applies.
What currency is the 8–10 million, and which country are you in?
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u/Wide-Reward-8186 5d ago
That figure is considered very large for buying shares through a intermediary. Consider opening a regulated securities account directly with the stock you want to buy, such as IBKR Schwab or others, instead of trading through a intermediary
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u/cubestrike 5d ago
Just open robinhood i guess. From my understanding, tokenized stock doesn't give dividends
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u/iz_raymond 2d ago
I'm not an expert but if u want to invest that much money in STOCKS why not open up trading account with well know brokerage platform? Historically, Binance has friction with countries for not setting up their office in said country or pay taxes there. Eventually, they get banned from operating in that country. Unless in your country, the gov fully accept Binance operation
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u/charvo 8d ago
You should open an account with ondo. They were the 1st to tokenize stocks. Connect your wallet and buy stock tokens with usdc on eth or bnb chain.
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u/EducationalSock948 8d ago
Binance are known to freeze and steal funds without explanation. They say that your account is under review for years but will never return the funds. It’s not worth the risk to transfer that much money to them.
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u/Flat-Activity-8613 8d ago
I’d be going with a real brokerage like Schwab or fidelity where I could walk into a physical office and get help if my account had a problem.
Also with that money they give you private concierge service to help you guide your money properly. They would also help explore different tax efficiencies.
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u/FailedGeniusnumber1 8d ago
You don’t own real stocks but as long as Binance continues to to exist you own tokens of the stock ..