Binance Wallet has listed over 7000 US stocks, let's talk about the significance first and then the problem.   Everyone is still saying that the exchange has no new stories. Later, Binance directly inserted over 7000 US stocks and ETFs into the app, and also casually announced the upcoming bStocks.   The first reaction of many people is not 'this is quite big'.   But rather: Why is there still a handling fee of 1000 yuan? Why isn't the ordering process so smooth? Why isn't the experience like Robinhood?   To be honest, I can understand all these roast.   But if we only focus on the first day's experience to draw conclusions, I think it's a bit too hasty.   Let's start with the conclusion: What really matters about Binance's listing on the US stock market this time is not the addition of a trading portal.   But it was the first time it seriously merged "Crypto accounts" and "US stock assets" together.   The significance of this matter is actually significant.   The official offer this time is: 7000+US stocks and ETFs Buy fragmented stocks starting at $5 Partial target support 24/5 Through liquidation by licensed securities firms, dividends and corporate behavior can also be received On the purchasing path, USDC is mainly used, and BNB/USDT and other assets are also supported for transfer Previously, if you wanted to buy US stocks, you had to open another brokerage firm, go through another process, and cut funds again.   What Binance wants to do now is to compress the idea of "cryptocurrency users buying global assets" directly into one app.   This is its true ambition.   And don't forget, what's currently available is only the brokerage channel version.   If bStocks really connects later, Binance's goal is not just to 'let you buy US stocks', but to continue to connect US stocks to the chain.   I think this direction itself is correct.   Of course, the right direction does not mean that the first version is perfect.   There are still some gaps in the products, and many roast are reasonable.   For example, the most realistic point is: In name, it is a zero commission, but the actual sensory cost is not low.   Currently, there is still a platform fee of 0.10%, with a minimum of $0.35 per transaction.   If you don't buy directly with USDC, there may be an additional layer of exchange friction in between.   This will lead to a very real problem: Large scale users think it's okay, while small scale users feel it when they calculate.   In addition, many people have compared the smoothness of the currency circle products or the minimalist experience of traditional brokers such as Robin Hood. The first wave of roast is actually normal.   But Binance's response speed is much faster than many people expected. Just one day online, direct adjustment: Stock and ETF trading fees can be reduced by up to 50%. For orders with a transaction volume exceeding $350, the spread rate will be directly reduced from 0.10% to 0.05%. This is what I mean - the biggest characteristic of the Binance product team: listening to advice. It's not just saying 'we heard'. You haven't finished the second round yet, the numbers have already changed. If I were to give suggestions for the product, I think there are three points that should be changed first: 1. Show the cost more transparently.   Don't just write 'zero commission', it's better to directly include: Platform fees, whether there are exchange losses, the final number of shares received, and a one-time explanation.   2. The trading experience should rely more on the habits of US stock users.   The first version is now available, but it is not yet smooth enough, such as prioritizing the display of popular tickets, more filtering and sorting, pre - and post market prompts, more complete company information, and more order types, all of which are worth supplementing as soon as possible.   Since you want to grab the mindset of "Crypto users buying US stocks", product interaction cannot just stop at the step of "putting stocks on the exchange".   3. BNB deduction/old user benefits should be connected as soon as possible.   This is actually the most intuitive expectation of many old Binance users. People are used to using BNB to offset transaction fees, but when it comes to the US stock market, it suddenly breaks down, and the difference will definitely be very obvious.   This is not a big problem, but it will greatly affect the first impression.   However, speaking of which, I am actually quite optimistic about this matter.   Binance has been around for so many years, and many products are not perfect on the first day.   But it has a very typical style: Open the entrance first, and then grind the experience smoothly in turns.   Moreover, what we're doing this time is not to launch an additional coin pair But rather doing something bigger again: How to bring Crypto users into the US stock market with low friction.   This was never supposed to be a 'graduation upon launch' project.   So my attitude is simple: It's time to make suggestions, roast and experience roast, but you can also give them some time.   I heard that internal optimization is already underway, and I am willing to trust my sister's speed in this matter. @heyibinance @moonkimbinance @binancezh