May 1, 2024

Binance Closes Share Token Sale

Binance Closes Share Token Sale

Binance is ending its support for tokenized stock trading.

In a statement issued on July 16,the exchange said that the token purchase service "will stop working from now on." On October 14, 2021, the exchange will completely stop supporting tokenized shares.

Users who currently hold such tokens have three months to reconfigure their positions:

Users who hold stock tokens can sell them or hold them for another 90 days. Users will not be able to manually sell or close their positions after 2021-10-14 19:55 UTC.

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