Summary
- Binance will list SKHYB, a bStocks tokenized security backed by SK Hynix shares, on its spot market.
- SKHYB/USDT spot trading and the Spot Algo Orders service will begin at 10:30 p.m. on July 13, with deposits and withdrawals starting at 11:30 p.m.
- Trading in SKHYB is subject to issuance approval from the ADGM FSRA and completion of the official listing process, while a zero maker-fee promotion will run through 8:59 a.m. on Sept. 1.
Forecast Trend Report by Period
Binance will list SKHYB, a bStocks tokenized security tied to SK Hynix shares, on its spot market.
A Binance notice on July 13 said SKHYB/USDT spot trading will begin at 10:30 p.m. Korea time that day. The exchange's Spot Algo Orders service will also be available at the same time.
SKHYB is a bStocks tokenized security based on SK Hynix stock. bStocks do not provide direct ownership of the shares. Instead, they offer tokenized economic rights linked to the underlying securities held by the issuer.
Deposits and withdrawals for SKHYB will begin at 11:30 p.m. Korea time on July 13. Trading in SKHYB is subject to issuance approval from the Financial Services Regulatory Authority of Abu Dhabi Global Market and completion of the official listing process.
Binance will also offer a zero maker-fee promotion for the SKHYB/USDT pair from the time of listing through 8:59 a.m. Korea time on Sept. 1.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.