TLDR
- Bitget’s US stock futures hit $200 million in volume with top assets like Tesla.
- The platform offers 25 US stocks with up to 25x leverage and low fees.
- Bitget’s stock futures bring traditional equities to crypto markets 24/7.
- The “U.S. Stock Token Carnival” offers up to $5 million in rewards for users.
Bitget has recently crossed a major milestone, surpassing $200 million in trading volume for its US stock futures. The surge in activity is fueled by the popularity of tokenized equities linked to major companies such as Tesla and NVIDIA. The platform now offers 25 major US stocks, blending traditional equity exposure with the flexibility of cryptocurrency markets. This rapid growth signals a shift toward more integrated trading options in both traditional and digital markets.
Record-Breaking Trading Volume
Bitget, known as the world’s largest Universal Exchange (UEX), reported that its US stock futures have reached over $200 million in cumulative trading volume. The top assets traded include Tesla (TSLA) with $71.5 million, NVIDIA (NVDA) at $25.05 million, and Circle (CRCL) with $17.68 million.
This increase reflects the strong demand for tokenized equity products and is a sign of the growing acceptance of crypto-based derivatives linked to traditional stocks.
The milestone follows the platform’s introduction of USDT-margined perpetual futures, which allow users to gain exposure to major US stocks with leverage of up to 25x. The 25 equities on offer cover various sectors including technology, semiconductors, finance, and consumer goods. The success of these products demonstrates a rising interest in crypto-native trading options for traditional assets.
Expansion of Stock Futures Offering
Bitget’s stock futures feature tokenized versions of popular companies like Apple, Amazon, and Microsoft. These products combine the benefits of cryptocurrency trading with the stability of traditional equities, offering 24/7 access and low trading fees. With a fee structure starting as low as 0.06%, traders can benefit from efficient and cost-effective trading on the platform.
The futures products are designed to appeal to traders who seek the flexibility of digital assets but want the exposure and familiarity of major companies like Tesla and NVIDIA. These products allow investors to trade without having to purchase the underlying assets, thus making it easier to enter the market and leverage price movements of established companies.
Promotional Campaign Celebrates Milestone
To commemorate the $200 million trading volume achievement, Bitget has launched a promotional campaign called the “U.S. Stock Token Carnival”. Running from October 16 to November 8, the campaign offers users incentives for trading US stock tokens. The reward system includes 100 USDT for every $100 worth of US stock tokens traded, with a total reward pool of $5 million available.
The promotional event has proven to be a key driver in increasing user participation. As more traders are drawn to the rewards and ease of trading, Bitget continues to see growing engagement. The platform’s commitment to offering competitive rewards and advanced trading tools has made it a prominent player in the growing market for tokenized stock futures.
Future Outlook for Bitget and Market Growth
Bitget CEO Gracy Chen commented on the platform’s progress, noting the increased demand for Stock Futures. She highlighted that this trend reflects a broader desire for simpler, more connected markets. As traditional financial products increasingly integrate with blockchain technology, Bitget is positioning itself as a leader in the space.
Looking forward, Bitget aims to continue expanding its range of products, bridging the gap between digital and traditional assets. With its emphasis on innovation and user engagement, the platform is set to play a significant role in the growing market for crypto-based financial products. The platform’s continued success could signal a new era of trading where crypto and traditional finance are more closely intertwined.
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