๐จ Important Clarification on $TSLA on Binance ๐จ
Seeing TSLA/USDT on Binance does NOT mean Tesla launched a crypto coin. There is no official Tesla token or cryptocurrency.
So whatโs really live? ๐
๐น What Binance actually launched:
Binance introduced a TSLAUSDT perpetual futures contract โ a derivative that lets traders speculate on Teslaโs stock price using crypto tools.
That means:
โ Youโre trading price movement only
โ You are NOT buying real Tesla shares
โ You are NOT buying a Tesla coin
๐ Why this matters:
๐ 24/7 trading (unlike Nasdaq)
โก Up to 5x leverage
๐ต USDT settlement
๐ Exposure to Tesla without owning the stock
๐ช About โTesla tokensโ elsewhere:
If you see projects claiming to be a โTesla coinโ or โElon token,โ be careful. These are usually unofficial meme tokens or third-party projects with no connection to Tesla. Always verify before trading.
Bottom line:
This is TradFi meets crypto, not a new Tesla cryptocurrency.
What do you think โ will more stock-linked perps come next? ๐