You can now trade US stocks directly through your crypto exchange
A crypto exchange has launched a way to trade major US stocks like Apple and Tesla using your crypto balance. This makes it much easier for people outside the US to invest in global tech markets without a traditional broker.
Hotcoin has introduced "stock perpetuals," which are trading products that track the price of big US companies. Instead of opening a bank account in the US, you can use your existing crypto (USDT) to bet on whether stock prices will go up or down. This service runs 24/7, matching the fast pace of the crypto world. For developers, this is a big deal because it allows them to build AI agents that trade both crypto and stocks through a single, easy-to-use system. It removes the high fees and technical hurdles of connecting to old-fashioned stock market systems.
Key points
- Trade stocks like Amazon and Tesla using crypto instead of traditional cash.
- No need for a US bank account or a complicated stock brokerage setup.
- Use a single platform and API for both cryptocurrency and stock trading.
- Trade with leverage, allowing for larger positions with a smaller starting amount.
Quick term guide
- stock perpetuals
- Trading contracts that let you bet on stock prices indefinitely without ever owning the actual shares.
- developers
- Developers are people who build software, apps, or websites.
- build
- A chosen set of in-game abilities or items a player equips for their character.
- AI agents
- AI agents are AI tools that can carry out steps toward a goal, not just answer once.
- AI agent
- An AI program that can inspect information and suggest what to do next.
- agents
- AI helpers that follow your instructions and make changes for you.
- cryptocurrency
- Digital money that uses encryption to keep transactions secure and runs without a central bank.
- leverage
- A way to trade with more money than you actually have by using borrowed funds.