Crypto exchange Bybit has recently launched global stock trading. Users can now directly trade stocks using USDT as collateral, bypassing the need for fiat onboarding or off-ramping.
Recall that Bybit initially focused on crypto derivatives (perpetual contracts and futures). Today, the exchange has expanded into crypto spot trading, gold, oil, indices, and forex under the Gold & Forex product suite.
Bybit Introduces Crypto-Stock Trading
Bybit has elected to offer stock exposure through Contracts for Difference (CFDs) rather than spot ownership. Under this model, traders speculate on price movements of equities without taking possession of actual shares. CFDs allow participants to go long or short with leverage.
The approach removes the complexities associated with share custody, settlement, and corporate actions management. However, such a seamless mechanism comes at the expense of traditional entitlements such as dividend payments and shareholder voting rights.
The fee schedule for stock CFD trading on Bybit is set at 0.04 USDT per share for each transaction, with a minimum charge of 5 USDT per order. To encourage adoption, the exchange offers a 50% discount on all stock CFD trading fees via Gold & Forex between June 2 and June 15, 2025.
After the promotional window, standard rates will resume, positioning Bybit competitively against legacy brokers and other crypto platforms expanding into equities. The official announcement noted that the new stock trading functionality is available to its global user base of over 70 million customers in 160 countries and regions.
Bybit users can trade 78 major stocks, including Apple, Tesla, Nvidia, Meta Platforms, Amazon, and Microsoft, through CFDs. The exchange emphasized that the integration “unifies crypto, stocks, and traditional assets under one roof.”
Bybit’s Recent Woes
Bybit had faced theft from one of its executives, Ho Kai Xin, who stole $5.7 million in crypto from the exchange. She exploited her position to create fraudulent employee accounts and falsified Microsoft Excel payroll records. In February 2025, after an investigation, a Singaporean court sentenced her to nine years and eleven months’ imprisonment.
In the same month, Bybit suffered a high-profile security breach in which attackers exploited vulnerabilities to steal approximately $1.5 billion in ether. It prompted the exchange to replenish its reserves within 72 hours through emergency funding from backers, including Galaxy Digital and Wintermute.