Binance Lists Ondo Tokenized Securities With 0% Fees

Key Insights:

• Binance adds 10 Ondo tokenized securities with trading fees starting at zero.
• Users trade tokenized stocks on Binance Alpha using existing centralized exchange funds.
• Traders earn Alpha Points while accessing structured products classified under FSRA regulations.

Binance has added Ondo tokenized securities to Binance Alpha with trading fees as low as 0%. The rollout gives users access to tokenized stocks and ETFs through the Binance Exchange interface. Ten tokenized securities are available at launch.

Users can trade these assets using funds already held on the centralized exchange. Binance also waived gas fees for placing and canceling orders for a limited time.

Trading Access Through Binance Alpha

The new products appear under the Markets section within the Alpha tab. After purchase, users can view their holdings under Assets in the Alpha section. The listing connects on-chain tokenized securities with the exchange’s existing trading system.

Binance described the launch as a “seamless and powerful trading experience.” Traders can place market orders for instant execution or set limit orders at chosen prices.

Fee Structure and Alpha Points

Binance said trading fees may drop as low as 0%, depending on user tier and conditions. The temporary gas fee waiver applies to order placement and cancellation on Binance Exchange.

Users earn Binance Alpha Points by trading or holding Ondo tokenized securities. According to Binance, these points unlock access to events such as airdrops, token generation events, and Prime Sales. The company directed users to official materials for updated details on fees and mechanics.

Product Structure and Regulatory Status

Ondo tokenized securities track the price performance of traditional stocks or ETFs on-chain. They offer exposure to price changes but do not grant shareholder rights, including voting rights.

Ondo issues the tokenized securities as a third-party provider. Binance does not issue these products. The assets are classified as Securities (Structured Products) under FSRA regulations and are offered to users through Binance Alpha. Users should review Ondo’s official documentation for complete information.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.