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Binance’s AAPLUSDT Tracks Apple Shares Without Ownership Rights

Binance’s AAPLUSDT Tracks Apple Shares Without Ownership Rights

Photo: TokenPost

Binance’s AAPLUSDT offers price exposure through a derivative rather than ownership of the stock. AAPLUSDT is a USDT-settled equity perpetual contract that tracks Apple Inc. common stock. It is not a tokenized share or a claim on the underlying stock. The contract trades 24 hours a day, seven days a week, with leverage of up to 10x. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost

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