Today’s experience with the Gate stock trading section:

Currently, during the sluggish phase of BTC, the U.S. stock market has become an essential sector for users retained by major exchanges, and it’s becoming more and more refined, which is better for users. Let’s try out Gate’s stock section today and see what’s going on?
First, Gate’s stock section is located in the TradFi section on the homepage.
1. CFD, a contract for difference regulated by the Hong Kong SFC, is better than perpetual contracts for trading U.S. stocks with leverage. It has lower costs, charges fees once a day, and the counterparties are independent clearing institutions, providing better liquidity. Its volatility is more stable compared to perpetual contracts;
Perpetual contracts are settled three or more times daily, involving peer-to-peer matching, but market makers control the market trend. In extreme conditions, liquidity can vanish instantly, causing violent surges and crashes, creating a vacuum! Currently, this area is largely unregulated, with the exchange holding the interpretive authority.
However, these are hedging derivatives for spot trading, and adding leverage increases risk significantly. CFD leverage can reach 500x, while perpetual contracts are generally 100x!
2. Choose tokens or stocks
For example, Google, with trading similar to spot operations, is very smooth. But one thing to note is that stocks, forex, indices, CFD, etc., are all crowded together in TradFi. If it’s your first time trading, be sure to carefully check the fund transfers. If you rush to buy without checking, funds might be transferred into perpetual, index, or CFD accounts. This needs some optimization; for beginners, the small headers and page switching might be a bit overwhelming.
This time, Gate’s upgrade supports trading of over 10,000 U.S. stocks and ETFs, and now offers cash dividends and stock dividends. This is very attractive to many U.S. stock traders!
3. Just complete KYC
No need to open a separate overseas account like traditional U.S. stock accounts, avoiding issues like currency exchange. Deposit and withdrawal are convenient, and enjoying dividends is the same as traditional finance—this is a friendly update for finance enthusiasts.
4. Benefits
Now, trading stocks on Gate, complete your first stock trade to receive an Anthropic stock airdrop. Daily trading of $500 worth of stocks can share a prize pool of $30,000!
Enjoy up to 50% fee cashback!
5. Register on Gate to seize the opportunity to invest in U.S. stocks early
Exclusive Gate offer:
#GateStocks #Gate Stock Experience Officer #Anthropic