Binance has started opening a US stock asset transfer feature, according to market sources cited by ChainCatcher. Some users can transfer US stock assets held at other brokerages into Binance, and can also transfer US stock assets from Binance accounts to another brokerage. The transfer function covers assets in both directions, from external brokers into Binance and from Binance out to external brokers. The feature is currently in a gray-scale test phase, meaning it is available to a limited set of users first, with a full rollout expected soon. Details such as which brokerages are supported and whether geographic restrictions apply have not been disclosed. The test gives Binance users a way to move US equities between the exchange and outside securities accounts. Binance has not made a public statement beyond the market-sourced report. The news was first reported by ChainCatcher, which attributed the information to market sources. No timeline was provided beyond the expectation of a full rollout in the near future.
According to market sources reported by ChainCatcher, Binance has begun allowing some users to transfer US stock assets in and out of its platform. The feature, currently in a gray-scale test, lets users move US stocks held at other brokerages into Binance, or move US stocks from Binance accounts to another brokerage. A full rollout is expected soon.
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