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Bybit Launches Access to U.S. Stocks and ETFs
Bybit, a financial platform based in Dubai, has expanded its offerings by allowing eligible global users to trade over 1,000 U.S. stocks and ETFs. This new service includes well-known companies like Apple, NVIDIA, and Tesla. Bybit users can now access both digital assets and traditional U.S. equities, enhancing the platform's multi-asset capabilities.
This development allows users in permitted regions who have completed KYC verification to buy and sell stocks using USDC. The addition of stocks enables direct economic exposure to the underlying securities, contrasting with derivative instruments. Transactions are facilitated through Bybit's partnership with Alpaca, a U.S. broker-dealer, ensuring regulated brokerage and custody services.
The platform offers 24/5 trading with no commissions on stock trades, and corporate actions are supported, providing a broader financial access within the Bybit ecosystem.
R. E.
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