Hey, I'm diving into stock trading but with crypto. Usually just trade perps, but found out perpmate has stocks trading with USDC. Made some profits there, but any other good DEXes for spot stock trading with decent liquidity?
Top Platforms for Trading Stocks with Crypto?
12 replies 442 views
Check out some Dexes like sosovalue and Aster on various networks. For centralized exchanges, I tried tokenized assets on Dzengi.com, but had a hassle withdrawing funds. They wanted proof from deposits made ages ago. But hey, I eventually got my money.
chris_maxiNewbie
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#3Apr 28, 2024, 12:03 PM
There’s plenty, but here's my top picks. Hyperliquid is solid, high volume for stocks. Asterdex is good if you're into Binance Smart Chain, and lighter.xyz (backed by a16z) isn’t bad either with trading stocks. Just be sure you're on the right site.
CalmFalconMember
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#4Apr 28, 2024, 01:20 PM
Funny, OP made another thread about asterdex features. Did you go for it after the recs, or still searching? Also, why not ask about setting trailing stop-loss here instead of opening a new topic?
chris_maxiNewbie
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#5Apr 28, 2024, 03:18 PM
True. It’s like synthetic stocks. You’re just getting the economic value, the actual issuer owns it. There’s a risk of depeg on on-chain stock trades, though. I hope OP is aware of it. Still, it’s been a decent way to access markets.
maxi_matrixNewbie
Posts: 160 · Reputation: 11
#6Apr 28, 2024, 06:40 PM
If you've had success with stock perps, just know true high liquidity spot stock DEXes are relatively new. Current options are mostly tokenized stocks on Solana or hybrid platforms like Kraken and Bybit that let you trade real stock tokens with USDC.
Heard some new Solana apps doing this too but seriously, do your own research. Rugs are everywhere.
mark_nonceSenior Member
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#8Apr 28, 2024, 11:41 PM
Hyperliquid through tradexyz is awesome, they've revamped fees and it’s super user-friendly.
Never traded stocks using stablecoins, not really my thing. One local exchange has a section for that though. They offer US and local stocks. What’s the appeal? I’d like to hear more about why you find it interesting.
First off, understand the onchain vs other types. Onchain means it's on the blockchain, right? DApps on Ethereum are great examples. Some casinos even use hashes for outcomes instead of random numbers.
nick.orbitFull Member
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#11Apr 29, 2024, 02:47 PM
Try platforms like Dinari and Gains network. They use chain link for trades, minimum of $10k without affecting price much. Way better than low volume on places like Uniswap. High liquidity is key.
chris_maxiNewbie
Posts: 219 · Reputation: 36
#12May 1, 2024, 07:35 AM
Not extra work if you have USDT and wanna buy a stock just to trade. If you move money to a regular broker, you deal with exchanges and banks, plus fees. On-chain stocks eliminate a lot of that hassle and gas fees on L2 are super low.
I haven't seen anything on crypto exchanges that isn't blockchain based. Everything has to have a native coin or be on a DApp like ETH or TRX. I get what you're saying about listings sometimes seeming random, but major exchanges release notes for every listing.
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