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Crypto News: ByBit Is Now Letting Traders Use Bitcoin and Ethereum to Trade Stocks Like Apple and BlackRock’s IBIT

Crypto News: ByBit Is Now Letting Traders Use Bitcoin and Ethereum to Trade Stocks Like Apple and BlackRock’s IBIT

Crypto News: ByBit Is Now Letting Traders Use Bitcoin and Ethereum to Trade Stocks Like Apple and BlackRock’s IBIT

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Most people who hold Bitcoin (CRYPTO: BTC) or Ethereum (CRYPTO: ETH) are doing one of two things with it. They’re either holding and waiting for the price to go up, or trading it for other cryptos—and ByBit just added a third option.

The crypto exchange, which serves over 80 million users and ranks among the top three globally by trading volume, launched 44 new stock CFDs on its TradFi platform. The lineup includes Apple, Amazon, BlackRock’s IBIT Bitcoin ETF, Manchester United, and sector ETFs covering energy, lithium, and uranium.

ByBit lets users hold BTC and ETH on the platform and use both as collateral to back their stock positions, so users don’t have to sell their crypto to…

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