This is great news!
When the bull market comes to and end and it is time to cash in, it will be very easy to buy Microsoft and Apple stock tokens. Otherwise, one would have to send fiat to one's bank or stock broker from Binance and buy the stock from there. That would involve more hassle and fees.
Buying stocks is exactly what I'm going to do with most of my profits. Only what the taxes due be sent to my local cryptocurrency provider and from there to the tax authorities.
That strategy makes perfect sense because the stock market does not have four-year cycles similar to the cryptocurrency market. Holding cash for a whole year while waiting for the cryptocurrency market makes zero sense to me.
In what Binance is doing we see the merging of legacy markets and crypto markets. There will be more pressure to allow regulators to permit legacy market participants to gain exposure to crypto markets. That means ETFs. Otherwise stock brokerages will lose business to the likes of Binance. That process will accelerate when young boomers with means start leaving this world for greener pastures leaving their estates to their much more crypto savvy Millenial children.
What are you going to do with the money when you cash out when you think this bull cycle is done?
More information:
https://www.binance.com/en/blog/421499824684901927/Trade-Stock-Tokens-on-Binance
