Any site that I can use BTC to invest in stocks?

xz0708

newbie

Activity: 27

Merit: 7

Just an alert if someone is looking for a site they can use btc to invest in stocks.

Cry

COINEXX.COM may not a great option anymore. Shocked

There website has not been updated to display their rules. Someone told me the lot limit sizes and withdrawal rules are no longer like they show on website https://imgur.com/a/yLkKIy8 !!! (screen shot because rules change super fast @ coinexx.com now)

New limits on lot size maybe one full lot minimum (many traders want to know lot minimum and maximums). Withdrawal limits and kyc rules and withdrawal limits may also have changed. Website maybe late to be updated, or maybe it is a warning of soon to be scam site. Be careful and happy trading

joniboini

legendary

Activity: 2170

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Quote from: revv on December 10, 2019, 09:35:36 AM

Oh well I guess i'l have to just sit and watch profit that I could've made go up in smoke, RIP, ITCI

Or you could go and register on the stocks market with your fiat money. You can't expect to invest in stocks without KYC and some sort of headache here and there.

revv

newbie

Activity: 100

Merit: 0

Oh well I guess i'l have to just sit and watch profit that I could've made go up in smoke, RIP, ITCI

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

Quote from: mk4 on December 06, 2019, 11:59:37 AM

Abra has this feature, though they don't have that much stocks listed yet. Around 15 last time I checked(mostly tech stocks, AMZN etc), and another dozen of ETFs. How does it work in the back end? Well, to say the least it was pretty complicated. Longs and shorts and stuff. But with Abra, you're not technically an owner of the stocks. You're somewhat like just betting on the price to rise when you "hold" a stock on Abra.

If you want the in-depth: https://www.youtube.com/watch?v=Hm7y2sy5E44

EDIT: Scratch what I said. I just received a notification from Abra hours ago that they will remove stock investing in their platform.

Harlot

hero member

Activity: 1806

Merit: 672

Quote from: revv on December 06, 2019, 10:06:49 AM

I would like to use BTC to invest into a particular thing (Medical stock)... is there such a website that will allow me to do so?

I'm afraid there is none or even if there is one chances are this are not regulated by the SEC. Stock brokerage firms from what I know only accepts the legal tender you have in that country and they don't accept any other kind of payments, since the prices of stocks for example are posted in US dollar of course they will only accept USD there is no straight swaps for BTC/GOOGL since they aren't like cryptocurrencies that has an independent value of its own they still rely on their dollar equivalent. It will be easier for you if you just converted your crypto to fiat and find a reputable brokerage firm locally then what you are trying to look for online.

figmentofmyass

legendary

Activity: 1652

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Quote from: 1Referee on December 07, 2019, 01:35:07 PM

If you're trading CFD's it's even more centralized than buying a basket of shitcoins. Some brokers that allow you to buy stocks and whatnot present their platform very well, but you don't own the right to anything. People skip the TOS and click agree to all terms faster than you can blink with your eye. Cheesy

it's a reasonable middle ground. real stock ownership demands national securities exchange registration, KYC, all sorts of regulatory nonsense. CFDs are much more of a grey area. people dumping their bitcoins into other investments don't care about stock voting rights and things like that anyway. they're just in it for quick profits.

Quote from: 1Referee on December 07, 2019, 01:35:07 PM

Even if the possibility was there, I wouldn't put a single one of my satoshis into a hyper inflated US stock market. Look at the Nasdaq and Dow Jones index charts, that's not a bull market anymore, but a dinosaur market. In all honesty, I consider buying US stocks at this stage more risky than buying Bitcoin. It's the biggest bubble mankind has ever witnessed.

i've been hearing people say that for the last decade. meanwhile, the market has risen 500% since then. is it insane, irrational exuberance? sure! and none of us knows where it'll end.

mk4

legendary

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Paldo.io 🤖

Quote from: 1Referee on December 07, 2019, 01:35:07 PM

It depends on what you buy into though. If you're trading CFD's it's even more centralized than buying a basket of shitcoins. Some brokers that allow you to buy stocks and whatnot present their platform very well, but you don't own the right to anything. People skip the TOS and click agree to all terms faster than you can blink with your eye. Cheesy

Even if the possibility was there, I wouldn't put a single one of my satoshis into a hyper inflated US stock market. Look at the Nasdaq and Dow Jones index charts, that's not a bull market anymore, but a dinosaur market. In all honesty, I consider buying US stocks at this stage more risky than buying Bitcoin. It's the biggest bubble mankind has ever witnessed.

Well of course, you're really not expecting decentralization when buying stocks, even regardless what platform you're using, but at least you're buying actual businesses that are currently running. Rather than buying whitepapers and buying into the pockets of companies(I'm looking at you, Ripple).

As for the current prices of stocks though, definitely very very debatable. But I'd honestly prefer having my money in inflated stocks in the long term(I'm talking retirement) than coins in the top 10 like XRP and BSV and BCH and such.

figmentofmyass

legendary

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Quote from: Pearls Before Swine on December 07, 2019, 01:19:36 PM

Quote from: gentlemand on December 06, 2019, 11:45:01 AM

I would only do it when an established broker offers it. No way would I be playing around with piece of shit no mark sites.

Definitely only use established brokerages, not some shady crypto offering that could be a bucket shop for all you know.

as a matter of fact, we used to call 1broker "1bucket" for that reason. Tongue

Quote from: Pearls Before Swine on December 07, 2019, 01:19:36 PM

I wouldn't want to use bitcoin to buy stocks with anyway, since bitcoin is an investment in itself and I don't have an issue buying stocks with cash. I'm not sure why anyone would want to go that route, but to each his own.

part of the attraction is that you can use it as a hedge, and also take your profits in BTC. i knew people who would buy and hold blue chip stocks on 1broker at 1:1---no carry cost and no risk of liquidation. not only did they cash out their profits in BTC but they collected dividends in BTC as well.

i really miss the wild west days!

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

AFAIK, the Simpefx and similar trading platforms have a CFD trading option. You can deposit the digital assets to your personal account and start to trade the stocks(CFD). Actually, you will not be the owner of the stock share, your balance will increase/decrease along with the market performance of bought stock.

bittraffic

hero member

Activity: 3038

Merit: 617

I once read Ameritrade were accepting BTC. You might wanna check it again.

I'm surprise despite the rumors of the impending financial crash you would think of investing your BTC into stock market when its all been in the news that the coming crash will be worse than 2008. Rather than getting into the old market, try instead the coins on top of the crypto market which has low price like ADA, this is almost like stocks anyway and less risk in my opinion since it couldn't go deeper than what it is right now.

1Referee

legendary

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Quote from: mk4 on December 07, 2019, 11:19:00 AM

But some people like to be smarter with their money and invest in more safer, a lot less volatile assets like stocks and ETFs. Not everyone likes putting money in centralized vaporware. Wink

It depends on what you buy into though. If you're trading CFD's it's even more centralized than buying a basket of shitcoins. Some brokers that allow you to buy stocks and whatnot present their platform very well, but you don't own the right to anything. People skip the TOS and click agree to all terms faster than you can blink with your eye. Cheesy

Even if the possibility was there, I wouldn't put a single one of my satoshis into a hyper inflated US stock market. Look at the Nasdaq and Dow Jones index charts, that's not a bull market anymore, but a dinosaur market. In all honesty, I consider buying US stocks at this stage more risky than buying Bitcoin. It's the biggest bubble mankind has ever witnessed.

Pearls Before Swine

sr. member

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Quote from: gentlemand on December 06, 2019, 11:45:01 AM

I'm not aware of anywhere reputable that does it and it seems like a weird oversight to me. Enough longstanding gold places accept BTC.

I'm assuming that stock brokerages don't want to be associated with bitcoin deposits since it might be used for money laundering. That's the way I think *they* think, anyway. It isn't like cash being deposited couldn't be from criminal activities or anything, it's just that bitcoin has a huge black mark against it in that respect.

There was a U.S. brokerage that was planning on doing this, tho. I think it was Fidelity if I'm not mistaken.

Quote from: gentlemand on December 06, 2019, 11:45:01 AM

I would only do it when an established broker offers it. No way would I be playing around with piece of shit no mark sites.

Definitely only use established brokerages, not some shady crypto offering that could be a bucket shop for all you know. That would be like a cloud mining scheme for stocks, and I'm sure they exist. I wouldn't want to use bitcoin to buy stocks with anyway, since bitcoin is an investment in itself and I don't have an issue buying stocks with cash. I'm not sure why anyone would want to go that route, but to each his own.

figmentofmyass

legendary

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after the death of 1broker in 2017, the best option for crypto-backed CFD trading became SimpleFX. they have an ANN thread here on the forum and have been operating for 4+ years: https://bitcointalksearch.org/topic/ann-simplefxcom-forex-broker-with-btc-and-ltc-crosses-and-1500-leverage-1059253

they offer a bunch of stock indices like the DAX and ASX, and also a few dozen equities. if you're looking for a very specific stock---especially something low-cap or OTC---you are unlikely to find it on CFD brokers like this. they usually only offer access to the largest and most liquid markets, like high-cap stocks and indices.

mk4

legendary

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Paldo.io 🤖

Quote from: Oni Trading on December 06, 2019, 04:43:16 PM

I rather differentiate into top 10 market cap crypto projects, potential returns are much higher as opposed to semi annual stock dividend.
Plus some of these large crypto projects pay some form of dividend anyhow, like Neo, for example.

If you like losing money through "cryptocurrencies" like XRP, then sure, you do you. But some people like to be smarter with their money and invest in more safer, a lot less volatile assets like stocks and ETFs. Not everyone likes putting money in centralized vaporware. Wink

Oni Trading

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I rather differentiate into top 10 market cap crypto projects, potential returns are much higher as opposed to semi annual stock dividend.
Plus some of these large crypto projects pay some form of dividend anyhow, like Neo, for example.

Patatas

legendary

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Providing AI/ChatGpt Services - PM!

Quote from: revv on December 06, 2019, 10:46:03 AM

I checked that site but I think I need a phone to be able to use it which I dont have... and the reason for using btc is just the convenience

You don't have a phone? Are you what a caveman into the future?

There are multiple reasons why this won't be possible and any such services will either be shut down or will be operating illegally. The stockbrokers are registered and are legal market markers with every penny that is going out or coming in documented. The government or the tax officers work closely with them. If found a stockbroker is using cryptos or converting money, there will be legal actions. People offering the service are not stockbrokers but normal traders who trade from their computer and use your money for investments and such. They shouldn't be trusted.

mk4

legendary

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Paldo.io 🤖

Quote from: OmegaStarScream on December 06, 2019, 12:02:25 PM

eToro should allow you to do that. I know they are involved in BTC but not sure if they allow depositing with it for stocks trading or not. In case they don't, deposit BTC to your Skrill or Neteller account and then use that in eToro.

Can confirm, though I've heard rumours of them allowing bitcoin deposits in the future, eToro doesn't allow bitcoin deposits yet. They allow deposits through PayPal though, which is a big plus in my book if you don't want to deal with banks.

They require KYC/AML though, as expected.

OmegaStarScream

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eToro should allow you to do that. I know they are involved in BTC but not sure if they allow depositing with it for stocks trading or not. In case they don't, deposit BTC to your Skrill or Neteller account and then use that in eToro.

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

Abra has this feature, though they don't have that much stocks listed yet. Around 15 last time I checked(mostly tech stocks, AMZN etc), and another dozen of ETFs. How does it work in the back end? Well, to say the least it was pretty complicated. Longs and shorts and stuff. But with Abra, you're not technically an owner of the stocks. You're somewhat like just betting on the price to rise when you "hold" a stock on Abra.

If you want the in-depth: https://www.youtube.com/watch?v=Hm7y2sy5E44

gentlemand

legendary

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Welt Am Draht

I'm not aware of anywhere reputable that does it and it seems like a weird oversight to me. Enough longstanding gold places accept BTC.

I would only do it when an established broker offers it. No way would I be playing around with piece of shit no mark sites.

Topic: Any site that I can use BTC to invest in stocks? (Read 362 times)