How to buy US stocks on Binance: the stock, a converted stock or a bStock
Search for Nvidia on Binance and you can come away holding one of two different things. Under [Trade] > [Stocks] you buy the stock, and Binance's stock trading FAQ says you are the beneficial owner of the shares, which a partner brokerage holds in custody. Under [Spot] > [bStocks] you buy NVDAB, a token issued by BTech Holdings Limited and backed 1:1 by a share the issuer holds. A third route sits between the two: buy the stock with a switch turned on, and the position becomes the token as the order fills. The steps are short on all three. The difference is in what you own afterwards, and that is worth settling before you tap Buy.
The three routes side by side
| Route | What you hold afterwards | When it trades |
|---|---|---|
| 1. Stock, [Trade] > [Stocks] | Shares you beneficially own, held by a partner brokerage | Up to 24/5 for selected stocks; market orders fill in regular US hours only |
| 2. Stock order with [Tokenize this order] on | The matching bStock, once the order fills | The stock order follows stock hours; the bStock then trades 24/7 |
| 3. bStock, [Spot] > [bStocks] | A tokenized security backed 1:1 by a share | 24/7 against USDT |
The legal line runs between routes 1 and 3. Binance's bStocks FAQ says holding bStocks doesn't make you a shareholder and gives you no direct voting rights, dividend rights, inspection rights or company communications. The stock trading FAQ says the opposite for route 1: users are eligible to receive dividends and take part in corporate actions where applicable.
What every route needs first
- A verified account. Binance's identity verification page says all new users need its [Verified] level before deposits and trades, and the bStocks listing announcement says the same for those pairs.
- Eligibility. The stock trading FAQ says availability varies by jurisdiction and some markets can't use the service at all. bStocks have their own limit on top: an ADGM-approved prospectus, eligible users in permitted jurisdictions, and no US persons. The pages we read stop there, without naming countries, so the check happens in your account and against your local rules.
- Funds in the right place. Stock orders draw on your Spot or Funding account. bStock orders on Spot draw on the Spot account.
If you have none of this yet, start with the sign-up to first US stock walkthrough, which covers verification, 2FA and the deposit network.
Route 1: buy the stock
Binance Stock Trading is provided by Nest Trading Limited and, per its FAQ, gives access to more than 7,000 listed stocks and ETFs through an external brokerage (FAQ updated 13 September 2026). Purchases are made primarily in USDC. If you pay with USDT, BNB, U or USD1, the FAQ says it is converted to USDC when you submit the order, and any unused USDC goes back to your Funding account. The app steps it gives:
- Tap [Trade] > [Stocks] and search for the company.
- Choose an order type, then enter a price and amount. You can buy by number of shares or by value.
- Pick the Spot or Funding account to pay from and tap [Preview]. The preview shows the trading session, the time-in-force and a fee breakdown.
- If you are paying with something other than USDC, the preview also shows a conversion rate that refreshes after a while. Tap [Convert & Buy] to convert and place the order in one go.
Three rules from the same FAQ tend to decide whether an order behaves the way you expected:
- Fractional trading is supported for selected stocks, not all of them.
- A market order can be submitted at any time, but it is only active during regular trading hours. Submitted on a Saturday, it waits for Monday's open.
- A limit price can't be more than 10% above or below the national best bid and offer (NBBO) at the time you submit (checked September 2026).
Limit orders come in two durations: DAY, which expires at the end of the trading day, and GTC, which stays active for up to 90 days or until filled or cancelled.
Route 2: tokenize the order as it fills
This is route 1 with one switch flipped (the longer version is in tokenizing stock holdings). The bStocks FAQ names it [Tokenize this order]; the Academy guide calls it the token conversion option. Turn it on before you tap [Buy], and once the order is filled, settled and processed, the position appears as the matching bStock instead of the stock. To make every new stock order behave this way, the FAQ points to [More settings] > [Tokenize all orders], and turning that toggle off stops it again.
You can also convert a stock you already hold. In your wallet, pick an eligible stock in the asset tab, tap [Token Conversion], set the amount with the pencil icon and confirm. The reverse, bStock back to stock, uses the same steps. The Academy guide says conversion is 1:1 with no conversion fees, arranged by Nest Trading Limited, and "generally available 24/7", though it may pause during corporate action processing or maintenance.
A small detail catches the eye the first time: stocks on the platform are recorded to 9 decimal places and bStocks to 8. Anything beyond the 8th decimal stays with the issuer as a rounding difference, which the guide says "does not represent a fee or charge".
Route 3: buy the bStock on Spot
Go to [Spot] > [bStocks], pick the token and trade it the way you would any crypto pair. The launch listing on 11 June 2026 opened five pairs, all against USDT: CRCLB, MUB, NVDAB, SNDKB and TSLAB. Binance has added more since, so check the live list; which US stocks you can buy shows where to look.
Two things make this market different from the stock market it tracks. Binance's bStocks FAQ says liquidity comes from several market makers who quote using reference data for the underlying stock, their own inventory and their risk limits. And when the US market is closed, prices are set by supply and demand on Binance and may drift from the stock's last close. The order book on a Sunday is real, but nothing ties it to where the stock opens on Monday. Each pair also has its own minimum order size; the Spot trading parameters page listed 5 USDT for NVDAB/USDT on 26 September 2026. Buying NVDAB walks through one order from start to finish.
Which one we would pick
It depends on what you want the position to do.
- You want to be a shareholder in the usual sense, with voting and corporate actions: route 1. The bStocks FAQ itself says anyone who needs voting rights should convert into the underlying stock.
- You want to trade at weekends or move the position to your own BNB Smart Chain wallet: route 3, or route 2 if you would rather buy at the stock's own price during US hours and hold the token afterwards.
- You only want to test the process: we'd use a small limit order on route 3 during regular US hours, when the stock's price is live and the token's book has something to lean on.
What it costs, route by route
Costs are split the same way the routes are, and we don't quote rates because they change.
- Route 1. The stock trading FAQ says Binance charges no commission on stocks but does charge a platform fee or a spread, depending on the order's size, with the current figures on its stock fee page (binance.com/en/fee/stocks). It adds that other costs may apply, such as currency conversion, regulatory fees and taxes, plus ADR fees on some non-US companies' shares.
- Routes 2 and 3. The bStocks FAQ lists zero commission, zero custody fee, zero management fee and zero conversion fee, and says network fees and trading spreads may apply (FAQ updated 28 July 2026). The bStocks landing page adds that standard spot trading fees apply when you trade on Spot.
The [Preview] screen on the stock side and the order confirmation on Spot are where the real number for your order appears. To see how a quoted rate turns into money, copy it into the trading fee estimator.
When you can trade, and selling afterwards
The stock side runs up to 24 hours a day, 5 days a week, and only selected stocks support the overnight session. When you place a stock order you choose regular hours only, extended hours (pre-market, open and post-market) or 24-hour trading. Regular hours are 9:30 a.m. to 4:00 p.m. Eastern Time, Monday to Friday, excluding US public holidays, and the service is closed from Friday 8 p.m. to Sunday 8 p.m. Eastern. bStocks on Spot don't close. US market hours vs 24/7 tokens lines the sessions up against your own clock.
Selling mirrors buying, but the money lands in different places. On the stock side, sale proceeds arrive as USDC in your Funding account, and until settlement completes, which the FAQ places in the range of a T+1 trading day, the same FAQ says they can only be used for spot, stock trading and earn subscriptions. A bStock sold on Spot usually settles in under a second, according to the Academy guide, and the USDT is in your Spot account. When you can use the money after selling a bStock separates filled, settled, available and withdrawable.
Sources, read 26 September 2026: Binance, What Is Binance Stock Trading and How to Trade Stocks on Binance? (updated 13 September 2026); Binance Academy, What Are bStocks? (updated 29 June 2026); Binance, Frequently Asked Questions on bStocks (updated 28 July 2026). Also read the same day, not linked: the bStocks listing announcement of 11 June 2026, the bStocks landing page, the Spot trading parameters page and Binance's identity verification guide (updated 5 June 2026). Session times and order rules come from the stock trading FAQ, which was last revised on 13 September 2026, less than two weeks before we read it.