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How to buy shares with bitcoins? Perhaps surprisingly, actions and actions were unnecessarily difficult to buy using bitcoins, although many brokers offered trade in both. However, WorldMarkets.io trading platform has just listed the entire Standard and Poor 100 titles, to work against bitcoins.
Buy stock with Bitcoin: rare as hens teeth
Despite the seemingly natural crossover in the two markets, direct bitcoin trading 00 for the stocks it was noticeable in its absence. A quick search on Google will return several pages that explain how to buy shares in bitcoin, which is best avoided for obvious reasons.
However, the only result that seems to be on the right track is an article that issues a site called 1broker. Clicking on the link displays a spoofing and dubious certification warning, and typing the site address in the browser bar informs you that the domain has been seized by the FBI.
Tokenize and Fractionalize
But now, users of WorldMarkets.io can now use bitcoins to buy shares in Apple, Facebook, Netflix, Ford, Boeing and another ninety-five companies. Using smart token and split contracts (TFSSC), customers can buy, sell and hold shares in the entire S & P 100.
The platform intends to increase this functionality to cover the entire S & P 500 stock index and does not stop there. The UK FTSE 100, the German DAX and the Japanese Nikkei 225 are all in the crosshairs. In addition to other important markets including Brazil, France and Korea and several ETFs.
Crypto Trading
The purchase of the stock is a fairly simple process. Simply add or buy bitcoins through your trading account, then choose the stock you want to trade and the amount of bitcoins you want to use. There!
Initially, all these securities will form pairs of trading with bitcoins, but WorldMarkets could add support for future trading against other cryptocurrencies, such as Ethereum or Dash.
Furthermore, users can already exchange cryptocurrency pairs by combining several main tokens. These include Bitcoin, Litecoin, Ethereum, Dash, Bitcoin Cash, Ripple, Monero, IOTA and more.
At the same time, Bitcoinist reminds you that you only keep the money for the exchanges you are willing to lose. Not your private keys, not your cryptocurrencies. But did you already know it right?
Raise your cap
It is not clear whether stock / bitcoin trading pairs have been requested by WorldMarkets users, or simply added "why they can do it". Without a doubt, if it turns out to be a popular feature, it will come out on your favorite trading platform soon.
Less than a quarter of those listed shares in the S & P 100 currently have a market capitalization higher than that of bitcoin. At its peak in December last year, the bitcoin exceeded 95% of the listed shares.
Meanwhile, while the equity markets have also been recently ruined, some are speculating further gains for the price of BTC.
Would you like to buy shares with bitcoin and cryptocurrency? Share your thoughts below!
Images courtesy of Shutterstock
