Gate Launches Real Stock Trading Service, Enabling Crypto Accounts Direct Access to Global Capital Markets

Odaily Planet Daily News: According to an official announcement, Gate, a leading global digital asset platform, has officially launched its real stock market trading service, bridging the connection between crypto assets and traditional financial markets. Users can now directly use USDT to trade stocks and ETFs listed on major exchanges such as Nasdaq and the New York Stock Exchange (NYSE) on the Gate platform. Unlike common market models such as tokenized stocks and RWA mapping, Gate's stock offering emphasizes real market access and compliant trading capabilities. It connects with compliant broker-dealers holding US Broker-Dealer licenses and clearing qualifications to access the mainstream US stock and ETF trading markets.

Currently, Gate supports major US securities trading markets and liquidity networks including the NYSE, Nasdaq, NYSE Arca, NYSE American, and BATS, covering over 10,000 stocks and ETFs. After completing KYC and regional eligibility checks, users can access the TradFi section's stock area within the Gate App to transfer USDT, view quotes, and trade stocks, integrating their crypto asset accounts with traditional stock trading capabilities. Furthermore, Gate stocks utilize an independent account system, allowing users to buy, hold, and sell stock assets with separate fund management. Compared to holding costs such as funding rates in perpetual contracts and swap fees or overnight fees in CFD products, Gate stock spot trading offers zero holding costs, making it more suitable for users looking to hold US stocks for the long term. Android users can experience the stock trading function after updating the Gate App to the latest version, while iOS users can access the service after updating to version 8.21.5.