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Gate.io has launched gStocks, a new product that allows users to trade tokenized securities backed 1:1 by underlying stocks around the clock. The platform now supports features such as fractional investing, API access for institutional traders, and integration with automated trading tools.
Gate.io has announced the launch of gStocks, a product allowing users to trade tokenized securities that are fully backed 1:1 by real underlying stocks, available for trading at any time. According to the official announcement, gStocks are integrated into the platform’s unified account system, support fractional investments from as little as 1 USDT, provide API access for institutional traders, and offer compatibility with automated trading tools and bots.
Additional features include order-book style trading, dividend auto-settlement, and the ability to use idle gStocks in yield-generating products. The platform also plans to introduce two-way conversion between gStocks and the underlying stocks without fees or slippage in the future. No promotional campaigns were described in the announcement.
Gate.io is a multifunctional cryptocurrency exchange offering spot and margin trading, as well as futures and ETF trading, on major cryptocurrencies like Bitcoin, Ethereum, Litecoin, Ripple, and the proprietary GateToken (GT). The platform features a TradingView terminal, cloud mining, lending and borrowing services, customizable trading strategies, and an interactive education system with potential earnings for newcomers. For further details, see the broker profile on Traders Union.
For more on Gate.io's recent initiatives, see our earlier news about their World Cup Daily Challenge trading event in the previous Gate.io update on Traders Union.