Why can't I buy stocks with Bitcoin anywhere?!

[Alert31]

Hi folks!

Why isn't that possible?! At least I haven't seen the possibility anywhere. It's a huge gap in the market! I'd even buy stocks with 5% or more fees and pay with Bitcoin. Can't be that nobody has ever thought of making money and offering it to you?! So why not? What am I missing?

Bitcoin payment transaction always need internet and it has a huge transaction fee and it's volatility,i think that is the reason why you can't buy stocks with bitcoin anywhere. Why not exchange it into your local money before using it to buy? So,that you can spend it easily.

[Negotiation]

Yes, Bitcoin is very easy to spend but I think Bitcoin is not supplied in your country so this problem is appearing in stock If Bitcoin cannot be converted to US dollars and stocked you can convert it to Fiat currency. Fiat currency is centralized and legal so there will be no problem here The exchange will not be a problem.

[MrMojoRising26]

You could send btc to the cashapp wallet then sell it for usd and buy stocks all within the app. I know you meant directly but it is still a decent option.

[leyton11]

Hi folks!

Why isn't that possible?! At least I haven't seen the possibility anywhere. It's a huge gap in the market! I'd even buy stocks with 5% or more fees and pay with Bitcoin. Can't be that nobody has ever thought of making money and offering it to you?! So why not? What am I missing?

You are missing the people who need to buy bitcoins. Bitcoin is actually just a commodity, not a currency. That's why it happened that you couldn't buy stocks with bitcoin. but if you find someone who wants to buy bitcoins then you will most likely trade with that person. But I think you shouldn't be too hard, just exchange bitcoin for fiat money and then buy it on the stock exchanges. It's easier than finding someone who needs to hold bitcoin.

[Leviathan.007]

As far as I know some brokers such as Etoro offer you bitcoin payment methods. But usually they won't accept the bitcoin and other crypto currencies because stocks are monitoring hardly by the governments and it's not easy to track bitcoin transactions, specially if you were using bitcoin mixers. I believe, soon, after bitcoin's maketcap increase the value all other brokers will accept crypto currencies as payment method. It's just about the time.

[darewaller]

Even if you can get stocks with bitcoin payment that is not really the ideal situation because bitcoin is volatile whereas stocks are not as volatile as bitcoin. So, the money you are sending could be worth 100 dollars right now but could worth 110 or 90 in an hour and thats a risk those companies are not really willing to take. What makes a difference is the stablecoins, with stablecoins you could probably get more of a value out of stock exchanges.

Of course, for that to happen first we need to figure out how to convince those new hip startup stock exchange apps or websites to take a look at stablecoins, but if we can manage that believe me they will be going for it by the bunch because if one of them does it and get users the other ones will want to get it too.

[yohananaomi]

Even if you can get stocks with bitcoin payment that is not really the ideal situation because bitcoin is volatile whereas stocks are not as volatile as bitcoin. So, the money you are sending could be worth 100 dollars right now but could worth 110 or 90 in an hour and thats a risk those companies are not really willing to take. What makes a difference is the stablecoins, with stablecoins you could probably get more of a value out of stock exchanges.

Of course, for that to happen first we need to figure out how to convince those new hip startup stock exchange apps or websites to take a look at stablecoins, but if we can manage that believe me they will be going for it by the bunch because if one of them does it and get users the other ones will want to get it too.

indeed it seems possible brokers should also think of accepting payments for the purchase of shares using bitcoin. we must acknowledge that changes in the price of bitcoin are running per second and cannot be predicted. of course there will be risks that can be beneficial but can also be detrimental because of the instability. it seems to make a purchase of shares they can be sure they are more happy by exchanging it to fiat first and then making a transaction. besides maybe brokers are also crypto activists and being able to analyze the matter of bitcoin is certainly not a problem, but is there anyone who can, I also don't know.

[gentlemand]

There've been a few places in the past that appeared to be offering it but I would not be inclined to have trusted any of them. Legit places to buy stocks will be about as legacy as they come. They may be reluctant to give BTC that type of endorsement even though there's no shortage of gold vendors who take it.

It's not technically hard at all if you use a payment processor. It's the politics primarily.

[TheUltraElite]

One thing I really agree with is that if you don't want to make a lot of money, you should sell your bitcoins and get your Fiat money back, then deposit the exchange and buy the stock. This will save you money.

But that is redundant way of buying something is it not? In a perfect world we should have been able to buy stocks and bitcoin with fiat without any delay but it is not the case if you want to go without an intermidary exchange that allows this.

But some of the links posted above may be useful to the people having any such idea. Still we are far from seeing what the OP asks for in the real world.

[Nhor1011]

Hi folks!

Why isn't that possible?! At least I haven't seen the possibility anywhere. It's a huge gap in the market! I'd even buy stocks with 5% or more fees and pay with Bitcoin. Can't be that nobody has ever thought of making money and offering it to you?! So why not? What am I missing?

Not all are accepting bitcoin as a payment to buy goods and services because of it's high volatility. But you can use it to pay bills and buy loads in our country. Stores or any business establishment that accept bitcoin as payments is depend in the area or country. Maybe your country is not well accepting bitcoin that's why you can't buy stocks with your bitcoin.

[Negotiation]

Hi folks!

Why isn't that possible?! At least I haven't seen the possibility anywhere. It's a huge gap in the market! I'd even buy stocks with 5% or more fees and pay with Bitcoin. Can't be that nobody has ever thought of making money and offering it to you?! So why not? What am I missing?

Not all are accepting bitcoin as a payment to buy goods and services because of it's high volatility. But you can use it to pay bills and buy loads in our country. Stores or any business establishment that accept bitcoin as payments is depend in the area or country. Maybe your country is not well accepting bitcoin that's why you can't buy stocks with your bitcoin.

You are right that he cannot buy stocks because of the low use of Bitcoin in their country but if the government supports him he will be able to buy stocks effortlessly. However, Opi is able to give you good advice.