Bit.com Launches On-Chain US Stock Trading With 24/7 Access

Bit.com, a prominent cryptocurrency exchange, has recently expanded its services by opening a dedicated on-chain stock trading section. This move positions Bit.com alongside other leading exchanges, which have already established similar offerings. The introduction of this new section allows users to trade tokenized versions of popular stocks directly on the blockchain, providing a seamless and efficient trading experience.

The decision by Bit.com to enter the on-chain stock trading market is a strategic move that aligns with the growing trend of tokenizing traditional financial assets. By offering tokenized stocks, Bit.com enables users to trade these assets with the same ease and security as cryptocurrencies. This development is significant as it bridges the gap between traditional finance and the burgeoning world of digital assets, making it easier for investors to diversify their portfolios without the need for traditional brokerage services.

The on-chain stock trading section on Bit.com is designed to provide users with a secure and transparent trading environment. By leveraging blockchain technology, Bit.com ensures that all transactions are recorded on a decentralized ledger, enhancing transparency and reducing the risk of fraud. This approach not only benefits individual investors but also contributes to the overall integrity of the financial market.

The launch of this new section by Bit.com is part of a broader trend in the cryptocurrency industry, where exchanges are increasingly looking to integrate traditional financial instruments with blockchain technology. This trend is driven by the desire to attract a wider range of investors and to provide more diverse investment opportunities. By offering tokenized stocks, Bit.com is positioning itself as a forward-thinking exchange that is at the forefront of this trend.

Bit.com has launched its US stock token trading service on its on-chain product GoRich. The first batch includes blue-chip stock tokenized assets such as Apple, Tesla, and NVIDIA, and users can now trade them on-chain using USDT. This time, Bit.com is synchronously launching tokenized US stocks with other exchanges through Backed Finance, showing a competitive trend in the platform. Currently, users can trade 24/7 in the GoRich section of Bit.com, holding top tech stocks for as low as $1, and supporting all premium assets including the meme token BuyTheDog and the high-potential asset Alpha.