Investing in stocks with crypto?

[Abiky]

Is there a way to invest directly in stocks with crypto? I'm talking about depositing BTC or any altcoin in a broker/exchange and use the funds to buy a stock of your choice. With crypto getting popular each day, it would be disappointing if we didn't have such a feature. It's likely stocks will be tokenized on the Blockchain the future.

If you know of any broker/service/exchange that allows this, please let me know. Thanks.

[Apocollapse]

I really doubt there's a broker offer stocks/cryptos pair.

I check on popular brokers like eToro, Robinhood, and Bitpanda, I didn't see they offer that even though they allow you to purchase stocks, cryptos even ETFs.

Well, there's must be someone will create tokenized stocks in the future where the price will stick with the stocks, but I believe it's not regulated and not completely backed with real stocks.

[hugeblack]

There are some stocks that are tokenized in some blockchains, but I do not know the legal status of those stocks because they are just track the stock price and give you profits from buying and selling those stocks.
In short, they are speculative tools and have questionable legal status, so it is better to buy shares through traditional methods, and if this option is not available to you, trading in cryptocurrencies can still achieve a good return.

[electronicash]

There are some stocks that are tokenized in some blockchains, but I do not know the legal status of those stocks because they are just track the stock price and give you profits from buying and selling those stocks.
In short, they are speculative tools and have questionable legal status, so it is better to buy shares through traditional methods, and if this option is not available to you, trading in cryptocurrencies can still achieve a good return.

BlackRock was planning to do that but has no real info on when they are going to launch something like this. but there are also some projects tokenizing RWA which is sort of something like stocks/shares.

waiting just about a decade i guess we will have this stuff in crypto.  if i have to invest in Coinbase stock or Tesla right now, i would likely be doing it by selling my crypto and signup to brokers like the regular stock investor would do.

[mk4]

Check out Swarm.com. It has been on my Twitter following recently and it seems good but I personally haven't tried it yet so DYOR.

Funnily enough, a decent number of DEXs(Gains, etc) supported a few high marketcap stocks in the past but I just checked right now and they don't. Demand probably isn't there and they'd rather focus on crypto.

[laijsica]

There are some platforms that also offer the option of investing in stocks using cryptocurrency. Many are using alternative platforms to binance that offer tokenized stocks. Some of these represent traditional stocks like Tesla. When you buy tokenized stocks on binance it auto track the price according to the capture price. It even allows investment using cryptocurrency like ETH and BTC. Also offers FTX and tokenized stocks. Many experts advise you to be cautious especially when it comes to investing in this method.

[EarnOnVictor]

Is there a way to invest directly in stocks with crypto? I'm talking about depositing BTC or any altcoin in a broker/exchange and use the funds to buy a stock of your choice. With crypto getting popular each day, it would be disappointing if we didn't have such a feature. It's likely stocks will be tokenized on the Blockchain the future.

If you know of any broker/service/exchange that allows this, please let me know. Thanks.

I would like you to perish the idea that stocks would be tokenised in the future, it's cryptocurrency copying the idea of the stocks and not the other way around. The worst is for more centralised companies that have their listing on the stock market to also have their companies tokenised as well if they like. It is an aberration to say that stocks will be tokenised when they serve the same purpose already. Stocks serve their own in the centralised/fiat market while tokens service their own in the crypto market.

As for your query, what difference does that make? After all, if you deposit your Bitcoin in such a regard, it's not that they will credit you in Bitcoin, they will rather credit you in USD and other hard currencies. Why not use your fiat when you can easily convert your Bitcoin to fiat yourself?  Also, I advise you that you should not due to looking for such a service and become a victim of a fraudulent service, be warned. And if you must do a thing like this, you might want to use one of the good traditional FX brokers offering stock services too, the common ones like HFM. Just know the cost and weigh your risk.

[Kelward]

Is there a way to invest directly in stocks with crypto? I'm talking about depositing BTC or any altcoin in a broker/exchange and use the funds to buy a stock of your choice. With crypto getting popular each day, it would be disappointing if we didn't have such a feature. It's likely stocks will be tokenized on the Blockchain the future.

If you know of any broker/service/exchange that allows this, please let me know. Thanks.

As for your query, what difference does that make? After all, if you deposit your Bitcoin in such a regard, it's not that they will credit you in Bitcoin, they will rather credit you in USD and other hard currencies. Why not use your fiat when you can easily convert your Bitcoin to fiat yourself?  Also, I advise you that you should not due to looking for such a service and become a victim of a fraudulent service, be warned. And if you must do a thing like this, you might want to use one of the good traditional FX brokers offering stock services too, the common ones like HFM. Just know the cost and weigh your risk.

I reason with what you said, if investing in stocks with crypto is a viable option or will be a profitable venture, I believe that some crypto developers would have created something for it, so I guess that it's not a very good business reasoning and that is why something like that is not popular yet. I'll rather use fiat to buy stock through a certified stockbroker, to avoid being a victim of scammers, then I'll just go on and hodl my Bitcoin, as we're entering bull run.

[Bureau]

Is there a way to invest directly in stocks with crypto? I'm talking about depositing BTC or any altcoin in a broker/exchange and use the funds to buy a stock of your choice. With crypto getting popular each day, it would be disappointing if we didn't have such a feature. It's likely stocks will be tokenized on the Blockchain the future.

If you know of any broker/service/exchange that allows this, please let me know. Thanks.

I am not aware of any broker or any exchange offering such a service. It is not that easy as it sounds to buy stocks using crypto as crypto is not considered a legal currency and stock can be purchased using a legal fiat currency. Both stock market and crypto market are volatile and due to the volatility it won't be easy to determine the actual price. There are STO (Security  Token Offering), that I am sure you are not asking about.

[Abiky]

Check out Swarm.com. It has been on my Twitter following recently and it seems good but I personally haven't tried it yet so DYOR.

Funnily enough, a decent number of DEXs(Gains, etc) supported a few high marketcap stocks in the past but I just checked right now and they don't. Demand probably isn't there and they'd rather focus on crypto.

Well, I wouldn't count on stocks listed across DEXs. Especially if they don't have the green light from the regulators. Who's to say the issuer of the tokenized stocks won't run away with the money?

I'm surprised there are no legitimate ways to buy stocks using crypto. Maybe it's too early to ask for something like this? With BlackRock announcing its intentions to "tokenize everything", we should expect stocks to be traded across blockchain networks in the future. I might have to stick with Fiat for a little while (unfortunately). I will try the new site you've mentioned to see for myself. It better be worth it.

[hugeblack]

waiting just about a decade i guess we will have this stuff in crypto.  if i have to invest in Coinbase stock or Tesla right now, i would likely be doing it by selling my crypto and signup to brokers like the regular stock investor would do.

tokenization is the digitization of property rights, and if it is difficult for you to obtain property rights, digitizing them will certainly not make it easier.
In my opinion, it adds an additional layer of complexity and it is easier to invest directly using traditional methods, and these companies do not buy shares, but rather track their value and give you profits if they are achieved.

Binance tried to do the same thing^[1] when Tesla shares were a hot topic, but it ended quickly.

[1] https://coinmarketcap.com/academy/article/binance-launches-tokenized-stocks-tesla-is-the-first-to-be-listed

[GreatArkansas]

(...)
If you know of any broker/service/exchange that allows this, please let me know. Thanks.

This is how I got my first stocks using cryptocurrency, there are some brokers who did but the fees were extremely crazy high, I am using FTX Exchange(now gone) (less fee) for tokenized stocks.
I also tried currency.com before and now they have rebranded to Dzengi.com, the transaction fees here are just crazy high. I am also looking for an alternative.

[avikz]

Even I want to know if I can invest in stock market directly using cryptocurrency.

As of now no stock market accepts direct crypto payment. So even if you find a broker who allows that, the broker will be taking care of the crypto to fiat conversion. It cannot be a direct crypto payment to stock exchanges. Tokenized stocks can be a good option but somewhat different than what you are asking.

[AVE5]

This is actually a creative ideal by the Op, the value of the crypto shouldn't have to perish just in the p2p in exchange to fiat or alternatively in placement of the fiats.
So I think for the stocks to be tokenized, it'd increase the availability of stocks in a digital preference and wider the adoptions of the crypto currencies as much.

[Kliss]

While it's an interesting idea to invest directly in stocks using cryptocurrencies currently, I don't think there are many platforms that offer this feature. But there are some emerging platforms exploring the concept of tokenizing stocks on the blockchain. One platform you could check out is called DX.Exchange. DX.Exchange is a platform that offers tokenized stocks, allowing you to trade them using cryptocurrencies like BTC or altcoins. It's an interesting concept, and it's worth checking out if you're interested in investing in stocks with crypto.

[alexforneus]

Check out Swarm.com. It has been on my Twitter following recently and it seems good but I personally haven't tried it yet so DYOR.

Funnily enough, a decent number of DEXs(Gains, etc) supported a few high marketcap stocks in the past but I just checked right now and they don't. Demand probably isn't there and they'd rather focus on crypto.

Swarm looks intresting but that mandatory KYC makes it much worse for me

[Ben Barubal]

Is there a way to invest directly in stocks with crypto? I'm talking about depositing BTC or any altcoin in a broker/exchange and use the funds to buy a stock of your choice. With crypto getting popular each day, it would be disappointing if we didn't have such a feature. It's likely stocks will be tokenized on the Blockchain the future.

If you know of any broker/service/exchange that allows this, please let me know. Thanks.

      As far as I know, you can't buy anything directly, like you're asking. I have never bought stocks with cryptocurrency. But if a company is related to cryptocurrency, like Coinbase, you can buy it. This is just my understanding.

      Now, the companies that have been approved for the Bitcoin ETF spot can do that because they are related to Bitcoin or cryptocurrency. But it cannot be denied that stocks or cryptocurrency are equally volatile in the market.

[Abiky]

This is how I got my first stocks using cryptocurrency, there are some brokers who did but the fees were extremely crazy high, I am using FTX Exchange(now gone) (less fee) for tokenized stocks.
I also tried currency.com before and now they have rebranded to Dzengi.com, the transaction fees here are just crazy high. I am also looking for an alternative.

The high network fees on popular Blockchain networks is what "kills" everything. L2 networks bring hope, but they're still experimental and under active development. Until Blockchains solve scaling issues, don't expect stocks to be traded directly across blockchain networks anytime soon.

Still, brokers can accept crypto deposits and convert it to Fiat for stock investing. "Where there's a will, there's a way". I think nothing like this has been implemented yet due to fear from government regulations. Especially in the US with the SEC's aggressiveness towards the crypto/Blockchain industry. Maybe someday our dreams will come true? Only time will tell.

[peter0425]

I reason with what you said, if investing in stocks with crypto is a viable option or will be a profitable venture, I believe that some crypto developers would have created something for it, so I guess that it's not a very good business reasoning and that is why something like that is not popular yet. I'll rather use fiat to buy stock through a certified stockbroker, to avoid being a victim of scammers, then I'll just go on and hodl my Bitcoin, as we're entering bull run.

I think many do not want to have that problem of navigating around different systems and different regulations. Crypto and stocks operate in two very different ways hence it’s so difficult to make transactions seamlessly. The closest we have are tokenized stocks. Maybe someday in the future we’d be able to connect these two worlds without any issues but for now we are stuck with tokenized stocks.

[johnsaributua]

Those are 2 different but interesting instruments if put together, so far I have tried https://www.nanovest.io/ and it makes it easy for me to choose stocks, depositing with crypto or local banks is also quite complete. The habit of separating the broker web can indeed choose the advantages of the broker, but if it is united like this, it makes it easier, especially since I also more often store crypto for my activities, I have to go through several processes if I switch instruments between stocks and crypto. This convenience makes new people like me explore more comfortable, even though it ends up withdrawing to crypto again. I haven't tried the global version of the broker app/website. So far I'm not comfortable with stocks because I can't have a physical copy that I can withdraw to my wallet, but that's not it. The most important thing is how to make additional profits or those who are already experts in stocks will have their own triggers. this is just my comfort as a beginner.