Just casually browsing some news today, I came across something quite interesting.


@BITstocks_CN, which handles the US stock market, has been online for just over a hundred days, and unknowingly has accumulated quite a bit of funds, reaching a scale of 200 million USD.
It was previously called Matrixport, which many in the industry are familiar with. Most people prefer to use stablecoins when entering the market, rarely bothering with bank channels—more convenient and worry-free.
Actually, many people around us hold stablecoins, usually thinking about allocating some to quality assets like Nvidia or Tesla. The previous process was quite cumbersome.
Deposits and withdrawals were slow and troublesome, often causing anxiety and making it hard to relax.
Now, there’s a more lightweight option available, with fewer complicated rules.
Opening an account is simple, even with mainland Chinese IDs—no need for overseas identities. It can be done in minutes, without a bunch of complicated documents or having to get a Hong Kong card. Ordinary people can get started without any barriers.
New users also get many practical benefits, considered thoughtful platform perks.
There’s a fee deduction quota, so long-term trading has no commission pressure, and real-time market data is available for account opening, no longer needing to watch lagging data for operations.
Funds in and out are especially smooth, with stablecoins flowing quickly all day, flexible and convenient. It’s a real way to connect crypto funds with the US stock market.
Many friends who often trade together usually allocate part of their gains from short-term trades to US stocks.
Crypto market fluctuations are unpredictable and nerve-wracking, but pairing with US stocks provides more stability and peace of mind.
Industry insiders also often say that in the current market environment, understanding how to reasonably diversify assets is ultimately not a bad thing.
NVDAON4.22%
TSLAON-0.69%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned