As probably most of you I am enjoying using crypto exchanges (especially in comparison to classical equity or commodity exchanges), and Binance in particular.
I am looking forward to further development of decentralized solutions in the trading and DEX exchanges area. The only problem that I find is that it is hard to generate trading ideas for cryptocurrencies. Most of them are shitcoins and have very limited usage, and it is hard to base your trading strategy on anything other than charts and graphs, which I consider to be not a very prudent approach.
For stocks, you may have a lot of data, such as a company’s product, financials, media coverage, management, headcount, exposure to commodities, and global economy development. I would love to be able to trade stocks and to enjoy Binance API and reasonable comission plan to deal with stock-based strategies. One of the areas I think is promising is the tokenization of stocks and trading tokenized stocks. However, it seems that Binance has withdrawn all such products in 2021. Another option was FTX, but we all know what happened there.
I wonder if anyone knows if tokenized stocks are planned to be available on Binance any time soon and what was the reason for canceling them in the first place.