Bitget has introduced Stock+, a product that lets eligible users buy real US stocks and ETFs using cryptocurrency, all within its Stocks 2.0 system.
Frequently Asked Questions
Here is a list of FAQs about Bitgets Stock feature written in a natural tone with clear simple answers
General Definition Questions
Q What exactly is Stock on Bitget
A Its a new feature that lets you buy shares of real US stocks using your cryptocurrency instead of regular dollars
Q Do I actually own the stock or is it just a token
A You own the economic value of the real stock Bitget buys the underlying stock on its end and your balance reflects the real share price Its not a derivative or a futures contract
Q What stocks can I buy with Stock
A Initially it covers major US stocks like Apple Tesla Amazon Google and Nvidia The list is expected to grow over time
Q Do I need a separate US bank account or a regular stock broker to use this
A No All you need is a Bitget account with some crypto in it No bank account or traditional brokerage is required
How to Use Practical Questions
Q How do I actually buy a stock using my crypto
A Go to the Stock section in the Bitget app pick a stock enter the amount of crypto you want to spend and confirm the trade The system converts your crypto and buys the stock
Q What crypto can I use to pay
A You can use USDT USDC BTC or ETH The system will automatically convert your crypto to the equivalent USD value to buy the stock
Q Is there a minimum amount I need to buy
A Yes there is usually a minimum trade size often around 1 worth of stock Check the app for the exact minimum as it can vary by stock
Q Can I sell the stock back and get my crypto back
A Yes You can sell your stock position anytime When you sell youll receive the equivalent value in USDT not the original asset For example if you bought with BTC youll get USDT back
Benefits Advantages