From BigGo Finance · BigGo Finance · · 1m 20s
Bitget Launches Stock Transfer Without Selling
Bitget lets investors move US stocks and ETFs to its platform without selling, starting Oct 13.
In brief
Bitget lets investors move US stocks and ETFs to its platform without selling, starting Oct 13. Bitget begins rToken Transfer on Oct 13, enabling investors to transfer US-listed stocks and ETFs from outside brokerages to its platform without selling them first. Originally reported by BigGo Finance.
rToken Transfer Launch
Bitget plans to launch rToken Transfer on Oct 13, allowing users to move eligible US-listed stocks and ETFs from outside brokerages onto its platform without selling them first.
Free of Payment Transfer
Securities transfer free of payment to an Alpaca omnibus account, where Bitget's In-Kind Tokenization Network converts them into rTokens credited to spot accounts.
Eligible Assets
More than 3,000 assets qualify for rToken Transfer, including US-listed stocks and ETFs.
rToken AUM
rToken assets under management stood at about $114 million as of July 6, with over two million transactions.
Super Match Engine
Bitget rolls out Super Match, a liquidity engine linking internal flows and market makers to multiple price sources, including outside regular market hours.
rToken Uses
Once converted, rTokens can be used for spot trading, margin, lending, borrowing, and yield products where eligibility and platform terms allow.
rToken Transfer Benefits
Bitget's approach avoids forcing users to liquidate positions and realize taxable gains before entering the tokenized market.
The main idea
Bitget begins rToken Transfer on Oct 13, enabling investors to transfer US-listed stocks and ETFs from outside brokerages to its platform without selling them first.
