Bybit’s Latest Folly: Trading Stocks with USDT, No Banks Allowed 🤑

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Dearest crypto enthusiasts, gather ’round, for Bybit has unveiled a new feature that will surely set the world of finance abuzz. Imagine, if you will, trading major global stocks directly using USDT, without the pesky need to convert to fiat currency. It’s like a dream come true, or perhaps a nightmare, depending on your perspective. 🤔

Now, you can trade the likes of Apple, Tesla, Meta, Amazon, and Nvidia, along with a plethora of other stocks from various sectors — tech, finance, energy, and more. The beauty of this update is that you can use stablecoins like USDT, bypassing the traditional banking channels. How delightfully modern and slightly rebellious! 🏦🚫

But wait, there’s more! Trading through Contracts for Difference (CFDs) means you don’t actually own the stocks. Instead, you trade based on the price movements of the shares. This allows you to go long or short, depending on your market view. Bybit even offers up to 5x leverage on these stock CFDs, giving you the flexibility to manage your positions with the finesse of a seasoned trader. 📈📉

— Bybit (@Bybit_Official) May 20, 2025

The trading is handled through the MetaTrader 5 (MT5) platform, a veritable playground for the discerning trader. Each listed stock comes with its own set of conditions — spread, swap info, and leverage limits — all conveniently available within the platform. Trading is available 24/5, and swap conditions vary depending on the stock. For instance, American Airlines, Airbnb, and Robinhood come with a 3.33-day swap, while others like Boeing and HSBC are set at 5. How thrillingly complex! 🤯

The full list of available stocks includes such illustrious names as Microsoft, Netflix, JPMorgan, Visa, Alibaba, Pfizer, PayPal, Oracle, Zoom, and Coinbase. And for those with a taste for the exotic, there’s exposure to popular Asian companies such as Toyota, Baidu, and NIO. It’s a veritable smorgasbord of trading opportunities! 🍱

This move by Bybit comes at a time when many crypto users are seeking easier access to traditional markets. Bybit’s latest feature is designed to help users navigate between crypto and global equities without the need for a bank account or the hassle of converting into fiat. It’s a bold step, and one that positions Bybit as more than just a crypto trading platform. With gold, forex, and now stocks available through the same dashboard, Bybit is well on its way to becoming a one-stop hub for all your trading needs. 🌐💰

Stock CFDs are now live on Bybit for anyone with an account. For more details, including trading hours and specifications, simply visit the MT5 section of the platform. Happy trading, and may the odds be ever in your favor! 🍀

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2025-05-21 09:43