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For many crypto enthusiasts, investing in the crypto space has traditionally meant buying digital assets like Bitcoin or Ethereum directly. However, as the industry matures, the line between the cryptocurrency ecosystem and traditional stock markets is blurring. A growing number of investors are now looking to crypto stocks — i.e., publicly listed crypto companies — as a way to gain exposure to the industry's growth.
This article will explore what crypto stocks are, how you can traditionally invest in them — and how Bybit TradFi is revolutionizing the process using USDT as collateral. Discover what crypto stocks are available on Bybit, and learn how you can start trading them directly from the Bybit App.
Key Takeaways:
Crypto stocks are shares of public companies that are involved in the cryptocurrency industry, offering indirect exposure to the market.
Bybit TradFi allows you to use USDT as collateral to trade CFDs for top crypto stocks, such as Strategy (MSTR), MARA Holdings (MARA) and Coinbase (COIN).
The entire trading experience is now integrated into the Bybit App, providing a unified platform to trade both digital assets, crypto stocks and other global markets.
Crypto stocks are shares of publicly traded companies that are significantly involved in the cryptocurrency and blockchain industries. Instead of buying a digital asset such as Bitcoin, an investor can buy stock in a company that holds large amounts of BTC, operates crypto mining hardware or an exchange or develops blockchain infrastructure.
This approach allows investors to gain indirect exposure to the crypto market through the regulated and familiar framework of the traditional stock market. The performance of these stocks is often influenced by both traditional market factors and the overall health of the cryptocurrency industry, offering a unique way to diversify your portfolio.
Traditionally, investing in crypto stocks has required opening an account with a conventional stock brokerage. This process involves funding the account with fiat currency, such as the US dollar, and then purchasing shares on a stock exchange like the Nasdaq-100 or New York Stock Exchange. This method keeps stock and direct crypto investments in separate ecosystems, often requiring traders to manage multiple accounts and platforms if they want to engage with both asset classes.
Bybit TradFi is a powerful platform that’s designed to bridge the gap between traditional finance (TradFi) and the crypto space. Formerly known as Bybit Gold & FX, this service has been upgraded and expanded to provide seamless access to a wide range of global financial instruments.
A major recent update has fully integrated the Bybit TradFi experience into the main Bybit App. Previously, users were required to install the separate MetaTrader 5 (MT5) app to access these markets. Now, you can trade general market assets, including crypto stocks, directly within the familiar and feature-rich Bybit App, creating a truly unified trading environment.
Trading crypto stock contracts for difference (CFDs) on Bybit TradFi offers several key advantages, especially for those native to the cryptocurrency space. The most significant benefit is the ability to use USDT as collateral. This allows you to speculate on stock price movements without needing to off-ramp your digital assets into fiat currency, so you keep your capital within the crypto ecosystem.
The all-in-one platform design means you can manage your crypto spot trades, derivatives positions and now your crypto stock CFD trades from a single account within the Bybit App. This unified experience streamlines portfolio management and enhances capital efficiency. Furthermore, Bybit TradFi offers leverage of up to 5x on stock CFDs and maintains competitive, low-cost trading fees, making it an accessible way to diversify your trading strategies.
Bybit TradFi offers access to several of the most prominent publicly traded companies in the crypto space. Following are the key crypto stocks you can trade as CFDs on the platform.
Circle is the issuer of USDC, the second-largest stablecoin by market cap. The company provides critical payment and financial infrastructure for the digital asset market, making it a cornerstone of the web3 ecosystem.
Formerly known as MicroStrategy, Strategy is a business intelligence software company that has become famous for its pioneering Bitcoin treasury strategy. Led by Michael Saylor, the company holds a significant amount of Bitcoin on its balance sheet, making its stock a popular proxy for investors seeking leveraged exposure to BTC's price movements.
As one of the largest publicly traded Bitcoin mining companies in North America, MARA's core business is focused on mining digital assets. The company's performance is closely tied to the price of Bitcoin, the cost of energy and its operational efficiency in mining new coins.
Coinbase is the world's largest publicly listed cryptocurrency exchange. It provides a platform for buying, selling and storing a wide range of digital assets. The company's revenue is heavily influenced by crypto trading volumes and overall market participation, making its stock a barometer for the health of the broader retail and institutional crypto market.
Trading crypto stocks on Bybit TradFi is a straightforward process, now made even simpler with its integration into the Bybit App. Here’s how to get started:
Sign in to your Bybit account via the Bybit App. If you don't have one, you can register via this link or by tapping on Sign Up in the app. For a new account, be sure to complete KYC and fund your account with fiat or crypto.
Head inside the Trade menu and choose TradFi from the top bar, click on the Apply button and agree to Bybit's Terms and Conditions to create your TradFi account. Please note that you need to verify both your identity and your address in order to be eligible for a TradFi account.
Next, click on Transfer (next to your balance) to transfer USDT from your other accounts (e.g., your Funding Account or Unified Trading Account) to your TradFi Account.
Now you’re ready to start trading crypto stocks via the Bybit App. To do so, select Stocks under the Market section and tap on MSTR, MARA, COIN, CRCL or another crypto stock's ticker on the screen, and you’ll be taken to the trading page. Optionally, you can use the search bar to find your desired asset.
Trade the crypto stock by clicking on the Buy or Sell button at the bottom of the screen when the US market is open.
The ability to trade crypto stocks offers a powerful new dimension for diversifying your portfolio and strategizing. By bringing these assets into the same platform on which you trade cryptocurrencies, Bybit TradFi breaks down the walls between traditional finance and the digital asset market. You can now gain exposure to leading crypto companies using the same platform and capital you use for your cryptocurrency trading.
Ready to explore a new side of the crypto market? Get started with Bybit TradFi today!
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