Live testing Binance's tokenized stocks Using Micron as an example: For $20,000 worth of tokens, the fee is 0.00276 MU. Based on the transaction price of $711 at the time, the fee comes out to $1.96. This was a limit order. If you choose instant trading, the slippage will be a bit higher—$20,000 might see slippage of a few dozen dollars. So, just stick to limit orders; they execute quickly anyway. A lot of people, due to KYC region restrictions, can only trade futures, while spot trading requires switching to the wallet interface. Once Binance's brokerage platform goes live tomorrow, it should make things much more convenient and solve a lot of issues.