Today’s experience with the Gate stock trading section:

Currently, during the sluggish phase of BTC, the US stock market has become an essential sector for users retained by major exchanges, and it’s becoming more and more refined. This is better for users. Let’s try out Gate’s stock section today and see what it’s all about.
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 US stocks with leverage. It has lower costs, with fees charged once a day. The counterparty is an independent clearing institution, providing better liquidity. It’s more stable than volatility and 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, with sudden spikes! 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. Choosing tokens or stocks
For example, Google, with operations similar to spot trading, is very smooth. But one thing to note is that stocks, forex, indices, and CFDs are all packed together in TradFi. If it’s your first time trading, you must carefully check the fund transfers. If you rush to buy without checking, funds might be transferred into perpetual, index, or CFD sections. This needs some optimization. For beginners, switching between small titles and pages might be a bit overwhelming;
This time, Gate’s upgrade supports trading over 10,000 US stocks and ETFs, and now includes cash dividends and stock dividends. This is very attractive to many US stock traders!
3. Just complete KYC
No need to open a dedicated overseas account like traditional US stock accounts, avoiding issues like currency exchange. Deposit and withdrawal are convenient, and enjoying dividends is the same. It’s a friendly update for traditional finance enthusiasts;
4. Benefits
Now, trading stocks on Gate, completing your first stock trade will earn you 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 US stocks first
Exclusive Gate offer:
@Jesse_GateLive @Gate @Gate__Square
#GateStocks # Gate Stock Experience Officer #Anthropic