Gate Expands Hong Kong Stock Offering to 1,500, Adds USDT Trading
Summary
- Gate said it expanded the number of Hong Kong stocks available for trading to about 1,500 from about 1,000.
- Users can invest in Hong Kong stocks with Tether (USDT) without opening a separate brokerage account or converting funds into Hong Kong dollars.
- Gate said it currently supports trading in about 10,000 major US stocks and exchange-traded funds (ETFs) and will continue expanding its coverage of global equities and traditional financial assets.
Forecast Trend Report by Period
Global cryptocurrency exchange Gate has sharply expanded the number of Hong Kong stocks available on its platform.
Gate said June 18 that it increased the number of Hong Kong stocks available for trading to about 1,500 from about 1,000, according to Odaily. The move is intended to broaden coverage of assets listed on Hong Kong Exchanges and Clearing.
Users can trade Hong Kong-listed shares directly through Gate’s stock trading service. The platform also supports pre-market and after-hours trading.
The exchange also supports trading with dollar-backed stablecoin Tether, or USDT. Users can invest in Hong Kong stocks with USDT without opening a separate brokerage account or converting funds into Hong Kong dollars. Gate aims to lower barriers to entry for global investors.
Gate is also expanding its US stock offering. The exchange currently supports trading in about 10,000 major US stocks and exchange-traded funds. It said it will continue to broaden coverage of global equities and traditional financial assets.
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
