Binance
Binance expands bStocks margin collateral to all eligible users
The exchange is extending its tokenized securities collateral feature beyond VIP users, bringing Tesla and NVIDIA stock tokens into margin accounts for everyday traders.
Binance said Monday that bStocks can now be used as margin collateral across all Cross Margin and Portfolio Margin accounts, extending the feature beyond previously eligible users. The change is designed to provide broader collateral options and greater capital flexibility, as noted by the exchange.
At the same time, Binance is adding risk controls for Regular, VIP 1 and VIP 2 accounts using bStocks as collateral. Users in those tiers must pass a suitability assessment before they can use bStocks as collateral or engage in bStocks Margin trading once the feature becomes available.
Accounts that breach specified risk thresholds could have additional bStocks transfers restricted and face limits on buying or borrowing medium- and low-liquidity assets. Portfolio Margin accounts could also be prevented from opening new Futures positions, although reduce-only positions would remain permitted. Binance may also pause auto top-ups for bStocks and certain lower-liquidity assets.
The restrictions will be automatically lifted when accounts return to a safe risk level. High-liquidity assets will remain unrestricted, and VIP 3 and higher users will not be subject to the additional controls, Binance stated.