#None #Bybit #US Stocks #Stocks Trading

Bybit Expands Its Financial Services with Stock Trading

Bybit has made a significant leap in the financial landscape by introducing stock and ETF trading, enabling eligible users globally to access over 1,000 U.S.-listed stocks. This latest development marks the integration of traditional finance into Bybit's multi-asset platform, which previously focused on digital assets.

Among the stocks available are some of the most popular names in the market, including Apple (AAPL), Tesla (TSLA), NVIDIA (NVDA), and many others, as well as ETFs like Invesco QQQ (QQQ). This expansion opens up vast opportunities for users wishing to diversify their investment portfolios by blending traditional stock investments with digital assets.

A New Era in Financial Trading

As Ben Zhou, Co-Founder and CEO of Bybit, stated: "Stocks are a vital part of our evolution towards becoming a comprehensive financial platform. The markets have long been fragmented across various products and platforms, but users increasingly expect a more connected experience." With the introduction of stock trading, Bybit is not just adding another asset class but is also enhancing the accessibility of financial markets for its users.

Eligible users who have completed the necessary know-your-customer (KYC) verification can trade supported U.S. stocks and ETFs using USDC. This incorporation allows for seamless trading where users can execute orders directly in the same environment used for digital asset trading. Unlike derivatives or synthetic instruments, stock trading offers users economic interest in the underlying securities they purchase, thus enhancing their engagement with traditional financial markets.

How It Works

Orders are executed through Bybit's regulated brokerage infrastructure and processed by Alpaca, a U.S.-based broker-dealer renowned for its strong clearing capabilities. Alpaca also provides custody for the underlying securities, ensuring that all transactions are secure and reliable.

Key features of Bybit’s stock trading service include:

• - Access to over 1,000 U.S. stocks and ETFs, with fractional shares available for certain eligible securities.
• - Trading with USDC, allowing users to direct payments for stock purchases straight from their Bybit account.
• - Direct economic exposure to the underlying stocks instead of through derivatives.
• - Capabilities for users to manage qualified crypto and stock positions within the Bybit ecosystem.
• - Support for capital actions, including cash and stock dividends as well as stock splits.
• - Trading available 24/5, covering U.S. pre-market, regular, and after-hours sessions, depending on product availability.
• - No commission fees for eligible purchases and sales of stocks.

Bybit facilitates economic benefits such as cash and stock dividends, transferred seamlessly into users' unified trading accounts. Cash dividends are converted from USD to USDC and credited, while stock dividends are reflected directly in user positions. Stock splits are also accounted for, further aligning Bybit’s offerings with traditional market practices.

Building a Comprehensive Multi-Asset Platform

The advent of stock trading services is a crucial addition to Bybit's growing product offerings, which include crypto spot and derivatives trading, along with access to traditional markets via its MT5 platform.

Ben Zhou emphasized that the future of finance will blur the lines between crypto and traditional markets. "Bybit is designed to operate in both realms and demonstrates that the tokenization of real-world assets at scale is not a distant goal; we are achieving this today," he noted.

With this comprehensive platform approach, Bybit aims to deliver improved access to the global financial landscape. It stands at the forefront of a paradigm shift where users can tap into the transitioning landscape of finance seamlessly.

Conclusion

Bybit is dedicated to making all financial opportunities accessible to everyone, supported by intelligent technology and an open approach to financial markets. Users around the world can now explore the extensive possibilities that arise from blending traditional and digital assets on one unified platform.

For more details on Bybit and how to start trading stocks today, visit Bybit.com.