Bybit Opens U.S. Stock and ETF Trading for Global Customers Using USDC

Oct 12, 07:53 AM UTCNeutralMedium impact

Cryptocurrency platform Bybit has introduced equity trading on its platform, enabling verified global users to invest in more than 1,000 U.S.-listed stocks and exchange-traded funds. The new offering lets customers purchase fractional shares of prominent technology firms like Apple (AAPL) and Tesla (TSLA), alongside index funds such as the Invesco QQQ ETF (QQQ). Users can fund these transactions directly from their accounts using USD Coin (USDC).

Unlike trading synthetic assets or price derivatives, investors using this service gain an actual financial stake in the securities. Bybit processes trades through regulated brokerage channels, relying on Alpaca Securities LLC for execution, clearing, and holding the physical assets in custody. The platform supports continuous trading 24 hours a day during five weekday sessions, charges no trading commissions on qualifying orders, and automatically converts cash dividends from U.S. dollars into USDC for account holders.

Market participants should track how smoothly crypto-native investors adopt traditional market instruments under this unified framework. Future updates are expected to add shareholder voting capabilities, expanding beyond the initial features that currently cover dividend payouts and stock splits.

Key points

Bybit added more than 1,000 U.S. stocks and ETFs that eligible users can purchase using USDC.
Trades provide actual economic interest in shares rather than synthetic or derivative exposure.
Order execution and asset custody are handled by U.S. broker-dealer Alpaca Securities LLC.
Features include zero commissions, fractional shares, and 24/5 session availability.
Cash dividends are converted into USDC, with voting rights planned for a future update.

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Questions and answers

What U.S. securities can users trade on Bybit?

Eligible customers can trade over 1,000 U.S. stocks and ETFs, including shares of major companies like Apple (AAPL) and Tesla (TSLA).

How are equities bought and held on Bybit?

Purchases are made with USDC. Transactions are executed and held in custody by Alpaca Securities LLC, giving users direct economic ownership.

Are dividends supported on Bybit stock trades?

Yes, cash dividends are converted to USDC and deposited into trading accounts. Stock dividends and stock splits are also processed.