Crypto News: ByBit Is Now Letting Traders Use Bitcoin and Ethereum to Trade Stocks Like Apple and BlackRock's IBIT
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Crypto News: ByBit Is Now Letting Traders Use Bitcoin and Ethereum to Trade Stocks Like Apple and BlackRock's IBIT
"ByBit's new feature allows users to hold Bitcoin and Ethereum while trading stocks, effectively turning these cryptocurrencies into active trading tools rather than passive investments. This model could significantly change how users interact with their crypto assets."
"The addition of 44 new stock CFDs on ByBit's platform includes major companies like Apple and Amazon, as well as BlackRock's Bitcoin ETF, providing users with diverse trading options while utilizing their crypto as collateral."
ByBit has introduced a new feature allowing users to trade stocks using Bitcoin and Ethereum as collateral. This innovation enables users to hold their crypto while actively participating in stock trading without needing to sell their assets. The platform has launched 44 new stock CFDs, including major companies and sector ETFs. Users can leverage their crypto holdings to borrow USDT and trade equities, transforming Bitcoin and Ethereum from passive assets into active trading tools.
Read at 24/7 Wall St.
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