Bitget, the world's largest Universal Exchange (UEX), announces trading in its US stock-linked future has passed $300 million.
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Bitget, the world's largest Universal Exchange (UEX), announces trading in its US stock-linked futures has passed $300 million in cumulative volume on the platform, doubling in just two weeks globally.
The milestone points to fast adoption of stock-style exposure inside a crypto app by users who already fund accounts in USDT and switch between crypto and stock-linked markets on mobile.
“Crossing the $1 billion mark in such a short time shows how fast traders are embracing stock futures as part of a unified digital trading experience,” said Gracy Chen, CEO of Bitget. “It’s a signal that the line between traditional markets and digital assets is disappearing, and our Universal Exchange model is where that convergence is happening first.”
What happened
Bitget launched USDT-margined perpetual futures on 25 US stocks (e.g., Apple, Amazon, Meta, Microsoft) and later added contracts like NFLXUSDT, JDUSDT and QQQUSDT. The product targets traders who want stocks exposure but prefer a 24/7 crypto interface.
Why this matters
Many traders, including those in the African region, have already moved from local fiat to USDT using marketplace sellers on P2P (bank transfer or popular wallets, where supported).
Stock-linked futures let them express a view on familiar tickers like Apple (AAPL), Nvidia (NVDA), Tesla (TSLA) without leaving the same app they use for BTC/ETH/SOL. In short: one interface, multiple markets, no brokers, no spreads, just one app.
What these products are (and aren’t)
The African angle
Funding and cash-outs: Users typically fund in local fiat using Bitget P2P, convert to USDT, and trade; when closing positions, they can convert their USDT back to local fiat through P2P sellers that support bank transfer or local wallets.
What they trade: Side-by-side with crypto pairs (Bitcoin, Ethereum, Solana, Doge), many watch US tech names that trend on finance Twitter and local forums. Bitget’s note links recent activity to the AI-driven equities rally and strong US earnings season.
Simple example
If you think NVIDIA will keep rising on AI demand, you can open an NVDA-linked perpetual long with USDT margin; if you’re right, profits come from your margin, not from owning the stock.
If you think Apple may pull back after earnings, you can short the AAPL-linked contract. It’s a price view tool, not share ownership.
Risks to note