Gate launches the xStocks trading zone, supporting on-chain free transfers and transactions.

Gate xStocks trading area is officially open.

Gate has officially launched the xStocks trading area, partnering with Backed Finance, a pioneer in the asset tokenization field, to introduce a new stock token trading channel that provides users with a diverse selection including spot trading and perpetual contract trading (settled in USDT). Perpetual contract trading supports 1 to 10 times leverage for long or short positions, with leverage that can be flexibly adjusted at the time of order placement to meet the needs of users with different risk preferences.

The first phase launches 8 popular xStocks stock tokens.

The first phase of the xStocks trading area supports trading of 8 popular stock tokens, including:

• COINX (Coinbase)
• NVDAX (NVIDIA)
• CRCLX (Round)
• AAPLX (Apple)
• METAX (Meta)
• HOODX (Robinhood)
• TSLAX (Tesla)
• GOOGLX (Google)

Go to the xStocks trading area for CRCLX spot trading now:https://www.gate.com/trade/CRCLX_USDT

In addition, the AlphaxStocks trading area is also open, supporting 6 major popular trading pairs, creating a new space for global, on-chain stock investment.

xStocks Model Introduction: on-chain Physical Asset Tokenization

xStocks is established by Backed Finance, focusing on the compliance path of physical asset tokenization. Each token is fully backed by collateralized assets, corresponding to stocks in the real public market, and can be freely transferred and traded on-chain, achieving efficient integration across chains and multiple ecosystems. Unlike traditional brokers, Gate’s xStocks section has the following features:

• 24/7 round-the-clock trading: Trade anytime, anywhere without waiting for the stock market to open.
• Fractional trading support: Lowering the investment threshold allows small funds to participate in trading well-known stocks like Apple and Tesla.
• on-chain free transfers: Users can directly use USDT to participate in and manage stock tokens.
• Global Accessibility: Borderless investment, breaking down barriers of regional and regulatory restrictions.

Trading experience optimization and risk control mechanisms

To ensure trading liquidity and controllable risks, Gate will adjust the following trading parameters in a timely manner based on actual market conditions:

• Funding Rate
• Minimum Price Fluctuation
• Maximum Leverage
• Risk Limit
• Maintain margin ratio

This move aims to enhance the overall user experience while effectively managing market volatility risks.

Why choose Gate xStocks?

In today’s world where traditional stock trading is still limited by time zones, regulations, and intermediaries, the on-chain stock token trading provided by Gate xStocks has pioneered:

• A more transparent asset custody mechanism
• A lower entry threshold investment environment
• More flexible and faster trading operation mode
• A technology bridge that connects DeFi and TradFi more closely.

Whether you are a conservative trader focused on spot trading or a high-frequency trader enthusiastic about contract leverage operations, Gate xStocks offers an unprecedented on-chain stock investment experience.

Summary

The opening of the Gate xStocks trading area combines the advantages of traditional finance and decentralized finance. Through collaboration with Backed Finance, Gate offers innovative features such as 24/7 trading, fractional trading support, on-chain free transfers, and global accessibility, significantly lowering the investment threshold while providing greater transparency and flexibility.