— FTX (@FTX_Official) October 29, 2020
The FTX crypto exchange has announced a ‘first of its kind’ product that allows users to register and trade over 12 equity and crypto pairs for top stocks.
Some of the top stocks to be listed on the exchange now include:
- Tesla
- Apple
- Amazon
- Netflix
The offering is being conducted in partnership with capital markets solutions provider, Digital Assets AG, and investment firm, CM Equity.
SEE ALSO: Introducing the FTX Derivatives Exchange in Africa
Speaking about the new offerings, Sam Bank-man, CEO, FTX, said:
“These products demonstrate a powerful future, in which assets are digitized and traders have unlimited creative potential to express their beliefs about the markets.
These fractional stock products reflect the reality that today’s traders are industry and sector spanning and want trading opportunities that fully match their interests and mindset.” ~ Sam Bank-man, CEO, FTX
Tokens will represent a fraction of one share. Traders will be able to trade half of a share at a time if they want, in order to facilitate liquidity.
The above tokenized equities will be available exclusively on FTX and will require an account setup process as below to be eligible to trade when they go live:
- Sign up on FTX
- Complete FTX level 2 KYC
- Submit KYC information to CM-Equity AG for approval
- Complete a brief questionnaire from CM-Equity AG
FTX continued listings and partnerships position it as the most secure and innovative crypto exchange currently out there.
Some of its recent achievements include:
- The most successful IEO in 2020
- The most liquid DEx (Serum)
- It has the largest number of futures of any crypto exchange
- The first crypto exchange to list traditional oil futures
- The first crypto exchange to list traditional equity markets
FTX recently opened its exchange to African users, which means African traders are now eligible to apply and get an opportunity to trade these high demand, high net worth tokenized traditional equities on FTX.
To get started, open an FTX account here.
Open a Paxful P2P Bitcoin Trading Account today!
