Bybit introduces U.S. stock and ETF trading for eligible global users
Bybit, a financial platform with over 80 million users globally, has launched support for U.S. stocks and ETFs, offering access to more than 1,000 equities including Apple (AAPL), NVIDIA (NVDA), Tesla (TSLA), Micron Technology (MU), and Invesco QQQ ETF (QQQ). This expansion enhances Bybit's multi-asset platform by integrating U.S. stock trading alongside its existing digital assets and traditional market instruments. Eligible users in authorized jurisdictions who complete KYC verification can trade these stocks using USDC, a stablecoin pegged to the U.S. dollar. The trades are executed via Alpaca, a regulated broker-dealer, with underlying securities held by them as custodian. Bybit's CEO Ben Zhou emphasized that this move aims to provide users with broader access and greater flexibility in financial markets. Key features include fractional trading for eligible stocks, 24/5 trading hours including pre- and post-market sessions where available, no transaction fees on stock trades, and the ability to receive cash or stock dividends directly into user accounts.
Tickers: $AAPL $MU $NVDA $QQQ $TSLA
Topics: Bybit cryptocurrency ETFs stocks