# New to Bitget Ondo tokenized stocks spread? Check access, fees, and supported assets first ## Introduction: The Numbers Don't Lie Did you know that the global market for tokenized real-world assets (RWA) is projected to hit $16 trillion by 2030? And in that tsunami, tokenized US stocks are the fastest-growing wave. Platforms like Bitget, through their partnership with Ondo Finance, are already offering direct on-chain exposure to giants like **Tesla, Nvidia, and Apple**—without needing a traditional brokerage account. Before you dive in, there's one essential key to unlock the best fee structure: Enter Referral Code：BG56789 during registration. This simple step can save you up to 30% on trading fees, giving you an immediate edge in your tokenized stock portfolio. Let's cut through the noise. What is tokenized US stock? It's a crypto token (often an ERC-20 or similar standard) that represents a share of a real company, like TSLA or AAPL, held in custody by a regulated issuer. When you buy the token, you are buying a claim on the underlying stock, but the token itself trades 24/7 on a blockchain. This is not a CFD, not a synthetic derivative—it's a digitized share. Bitget, along with Binance and OKX, now lists these tokens from issuers like Ondo Finance (OUSG, ONDO) and Backed (bCOIN, bTSLA). But unlike spot crypto trading, there are unique rules around access, fees, and asset support. Let's break down everything a newcomer must know before entering this market. ### Top Crypto Bonuses - **Binance：** [Sign Up Now](https://binance.com/join?ref=BIN6666) | Referral Code：BIN6666 | 📱 [Download App](https://download.maxweb.click/pack/BNApp_F0001001.apk) - **OKX：** [Sign Up Now](https://okx.com/join/XGA88) | Referral Code：XGA88 | 📱 [Download App](https://download.fpnodexq.com/upgradeapp/android_G4567.apk) - **Bitget：** [Sign Up Now](https://partner.hdmune.cn/bg/rkx3qhn2) | Referral Code：BG56789 - **GMGN：** [Sign Up Now](https://gmgn.ai/r/AQ888) | Referral Code：AQ888 ## Step-by-Step Guide: Navigating Tokenized US Stocks on Bitget ### Step 1: Understanding the Underlying Mechanism **What exactly is a tokenized stock?** It is a blockchain-based token issued by a regulated entity (like Ondo or Backed) that is 1:1 backed by a real US stock held in a segregated trust account. When you buy a token like **bTSLA** (Backed Tesla) or **OUSG** (Ondo Short-Term US Government Bond Fund), you are buying a digital representation of that asset. Key differences from traditional stocks: - **vs. Real US Stocks:** You do not directly own the shares in your name at the SEC or DTCC. You own a token that represents a claim on the shares. Dividends are usually passed on to token holders (less fees), but you have no voting rights. - **vs. CFDs:** This is not a contract for difference. The token's price mirrors the underlying stock price via oracles, but the token is an actual asset, not a derivative. You can hold it long-term. - **vs. Spot Crypto:** Tokenized stocks are not native cryptocurrencies. They are tied to traditional market prices and corporate actions, yet they trade on crypto exchanges with crypto-style liquidity. ### Step 2: Accessing the Market – Who Can Trade? **Eligibility and KYC Requirements:** Bitget, like most centralized exchanges, requires you to complete basic KYC (Know Your Customer) verification to access tokenized stock pairs. However, regional restrictions are severe. Users from the United States, mainland China, and a list of sanctioned countries are typically blocked from buying tokenized stocks due to regulatory concerns. Even if you pass KYC, the exchange may geo-block your IP. Workarounds exist, but proceed at your own risk. **Always check Bitget's terms of service for your specific country.** **Who is this for?** This product is ideal for: - Crypto-native investors who want diversified exposure to US equities without leaving their exchange. - Users in jurisdictions where traditional brokerages are inaccessible or expensive. - Traders who want 24/7 access to US stock price action, including weekends and after-hours. ### Step 3: Supported Assets and Fees on Bitget **Common Tokens Available:** Through Ondo Finance and Backed, Bitget lists tokens like: - **Ondo Finance (OUSG, ONDO):** OUSG tracks short-term US Treasuries, ONDO is the governance token. Not a stock, but key RWA. - **Backed (bCOIN, bTSLA, bNVDA, bAAPL, bSPY, bQQQ):** Direct tokenized shares of Coinbase, Tesla, Nvidia, Apple, and ETFs SPY and QQQ. **Fee Structure:** Trading fees vary. Bitget's standard spot trading fee is 0.1% maker / 0.1% taker, which can be reduced by holding BGB or using a referral code. For tokenized stock pairs, fees are similar to spot crypto pairs. Deposit fees: Crypto deposits are free, but fiat on-ramps may incur a 1-2% fee. Withdrawal fees: Standard network fees apply. **Liquidity Notes:** Liquidity for tokenized stocks is generally thinner than for major crypto pairs like BTC/USDT. This can lead to price slippage on large orders. Use limit orders and check the order book depth before trading. ### Step 4: Dividend and Corporate Action Handling **How Dividends Work:** When the underlying company (e.g., Apple) pays a dividend, the issuer (Backed) receives the cash. After deducting a small handling fee (usually 0.5-1%), the issuer distributes the remaining dividend to token holders. On Bitget, this is typically paid out in the same token (e.g., bAAPL holders receive more bAAPL or stablecoins). **Important:** The timing may lag the ex-dividend date by several days. There are no voting rights attached to the tokens. **Trading Sessions:** Unlike traditional stock markets (9:30 AM – 4:00 PM ET), tokenized stocks trade **24/7/365** on Bitget. This means you can buy and sell TSLA at 3 AM on a Saturday. However, the price oracle updates based on the last traded price of the underlying stock. During weekends and pre-market sessions, the token price may deviate significantly from the stock price due to news events. This creates both opportunity and risk. ### Step 5: Risk Warning – What You Must Know **⚠️ Critical Risks of Tokenized Stocks:** - **Not Direct Ownership:** You do not hold the shares in your name at the Depository Trust Company (DTC). Your ownership is a claim on the issuer's custodian. If the issuer (e.g., Ondo or Backed) becomes insolvent, or if the custodian bank fails, you may lose your investment. - **Regulatory and Compliance Risk:** The regulatory status of tokenized stocks is unclear in many jurisdictions. Crypto exchanges like Bitget can be forced to delist these tokens or restrict access to users from certain regions overnight. The SEC or other regulators could deem these tokens as unregistered securities. - **Liquidity and Premium/Discount Risk:** Due to thinner order books, you may face significant spreads. Moreover, during high volatility, the token price can trade at a premium or discount to the underlying stock price (e.g., +5% or -5%). This is known as "tracking error." - **Platform Rule Changes:** Bitget reserves the right to change trading rules, delist assets, or modify fee structures. Always stay updated via their announcements. - **Geographic Availability:** Even if you pass KYC, your IP address may be blocked. Using a VPN to bypass this is often against the platform's terms of service. **Mitigation:** Never allocate more than 5-10% of your portfolio to tokenized stocks. Always validate the issuer's reputation (Ondo is backed by Coinbase Ventures, Backed is regulated in Switzerland). Monitor your position daily for tracking errors. **🚨 Final Reminder:** Tokenized stocks are a powerful tool for diversified exposure, but they are not a substitute for direct stock ownership. Always conduct your own research and understand the trade-offs between convenience and true ownership. Start small, use limit orders, and keep a close eye on the spread between the token price and the underlying asset. 🔍 [Click to register Bitget and prepare your tokenized stock trading entry point (Referral Code: BG56789)](https://partner.hdmune.cn/bg/rkx3qhn2) ## Extended Reading - [YufeiZhu-mcn.github.io](https://YufeiZhu-mcn.github.io) - [Hardupped.github.io](https://Hardupped.github.io) - [KexinZhou-8ny.github.io](https://KexinZhou-8ny.github.io) - [YuxuanChen-6xs.github.io](https://YuxuanChen-6xs.github.io) - [Shuddera.github.io](https://Shuddera.github.io) - [Gabzodiac.github.io](https://Gabzodiac.github.io)