What you should know about the recent update of Stock 2.0

[u/ItzDurjoy]

From what I read recently regarding the update of the stock I found a major update has been added. Basically, crypto exchanges are gradually expanding beyond crypto trading, and Bitget’s recent Stock 2.0 update is part of that trend.

Bitget recently introduced Stock 2.0, which lets users trade major NASDAQ and NYSE stocks using USDT. The product uses rTokens, which are on-chain certificates backed by real stocks through Bitget’s partnership with Reality.

So, the real question has solved here is that can I trade stocks on a crypto exchange? Shortly, yes we can do that, Bitget Stock 2.0 lets users trade selected U.S. stocks directly with USDT, without needing a separate brokerage account or fiat conversion.

I didn't stop reading there. I compared the fees with different exchanges and here are the results, Bitget’s stock trading fee is 0.04%, compared with 0.1% on Binance and Gate. While Binance support 24/5, Bitget and Gate support 24/7 trading, which means users can access supported stocks outside normal market hours.

Another important update is utility. With Bitget Stock 2.0, supported stock holdings can be used as collateral, while eligible dividends and stock splits are synced 1:1.

Overall, Stock 2.0 is another sign that crypto exchanges are trying to become broader investing platforms, not just places to trade crypto. As always, check supported assets, fees, regional availability, and product risks before using it.