New to Bitget Onchain Ondo tokenized stocks volume? Check access, fees, and supported assets first | Referral Code: BG56789

Step 1：Understanding Tokenized Stocks – What Are They Really?

Tokenized stocks (also known as on-chain equities or stock tokens) are blockchain-based representations of traditional US stocks. When you buy a tokenized TSLA on Bitget Onchain Ondo, you're not actually owning a Tesla share in your brokerage account. Instead, you hold a crypto token backed 1:1 by the underlying stock (or a synthetic derivative) held by a regulated issuer like Ondo Finance or Backed. This is not a CFD or a regular spot cryptocurrency – it's a new asset class bridging TradFi and DeFi.

Key differences:

• vs Real US Stock: You don't get direct shareholder rights (voting) and dividends may be passed through differently. Custody is via the issuer, not DTCC.
• vs CFD: No leverage unless you use margin, and the token is actually redeemable for the underlying (subject to issuer rules).
• vs Regular Crypto: Price follows the stock market, not crypto volatility, but trading hours are 24/7 (with some liquidity gaps during market close).

Who is it for? Traders seeking round-the-clock access to US mega-cap stocks without a traditional brokerage account; DeFi natives who want to use stocks as collateral; or investors in restricted regions who cannot open a US brokerage. Still, KYC and country blocks apply on platforms like Bitget – check eligibility first.

Step 2: Supported Assets – From Single Stocks to ETFs

Ondo Finance's tokenized stock offerings (via Bitget Onchain) typically include:

• Single Stocks: TSLA (Tesla), NVDA (NVIDIA), AAPL (Apple), MSFT (Microsoft), AMZN (Amazon), GOOGL (Alphabet).
• ETFs: SPY (S&P 500), QQQ (Nasdaq 100), VOO (Vanguard S&P 500), IWM (Russell 2000).
• Others: Some platforms offer BRKB, JPM, or even short-duration treasuries (e.g., Ondo's USDY).

To access them on Bitget: go to the "Onchain" section, search for the ticker (e.g., "bTSLA" or "ONDO-tokenized"), and use the spot order book. Note that liquidity is highest for the most popular names (TSLA, NVDA, SPY) during US market hours, but you can still trade at 3 AM when traditional exchanges are closed.

Step 3: Fees, Liquidity & Trading Hours – The Fine Print

Fees: Bitget's spot trading fee is typically 0.1% maker/taker. But with Referral Code BG56789, you get a 30% discount, bringing it to 0.07%. There is no extra "tokenized stock premium" – the fee is the same as trading any other crypto pair. However, watch out for the spread if liquidity is thin.

Liquidity: Ondo's pools on Bitget have moderate depth. For TSLA/SPY, the bid-ask spread is often around 0.1-0.3% during US market hours but can widen to 1-2% at off-peak times. Use limit orders to avoid slippage.

Trading Hours: 24/7, 365 days. Unlike traditional stock markets that close at 4 PM ET, tokenized stocks trade continuously. But note: the price oracle (from Chainlink or Ondo's feed) updates in real time only when the underlying market is open. During weekends, the price may freeze until Monday's open, leading to potential gaps.

Dividends & Corporate Actions: Ondo's tokenized stocks are designed to pass through cash dividends (if any) as an equivalent amount of USDC or the token itself, minus any operational fees. However, the process may take a few days. Stock splits and reverse splits are mirrored automatically. Voting rights are not passed through.

Step 4: KYC, Country Restrictions & Wallet Setup

Bitget Onchain Ondo is available only after completing KYC level 1 (at minimum) and verifying that your country is not on the restricted list. As of 2025, residents of the U.S., China, Hong Kong, Singapore, and several other jurisdictions are typically prohibited or restricted from trading tokenized stocks due to regulatory uncertainty. Always check the platform's terms and your local laws.

If you're eligible, connect a self-custody wallet (MetaMask, OKX Wallet, or Bitget Wallet) to the Onchain interface. You'll need some ETH or BNB for gas fees on the bridging layer (Ondo uses either Ethereum or Optimism). Then deposit USDC or USDT to buy the tokenized stock.

Step 5: Complete Walkthrough – Buying NVDA on Bitget Onchain Ondo

1. Register on Bitget using this link with referral code BG56789 to get 30% fee discount.
2. Complete KYC (ID verification, address proof).
3. Deposit USDT or USDC from another exchange or wallet.
4. Navigate to "Onchain" → "Tokenized Stocks" or search for "bNVDA".
5. Place a limit order at your desired price. Example: if NVDA is $130, set your buy price slightly above the best ask.
6. Once filled, the token (e.g., bNVDA) appears in your Onchain wallet. You can hold it, transfer it out (check withdrawal fees – usually $5-10 in gas), or sell during US market hours for tighter spreads.
7. To redeem the underlying stock (if you ever want real shares), you'd need to go through Ondo's official redemption process, which often requires a minimum of 1 share and additional KYC. Most traders simply sell the tokens back on Bitget.

⚠️ Risk Warning – Read Before You Trade

Tokenized stocks are not direct ownership of US equities. They carry several risks:

• Issuer/Custodian risk: If Ondo Finance or the custodian goes bankrupt, you may lose your backing. These tokens are not FDIC-insured.
• Liquidity & Premium/Discount: During extreme volatility, the token price may deviate from the underlying stock by 1-5%. You might sell at a loss even if the stock hasn't moved.
• Platform rule changes: Bitget or Ondo may suspend trading, delist tokens, or change fee structures without notice. Always check for updates.
• Regulatory risk: Regulatory bodies (SEC, ESMA) could classify tokenized stocks as securities and impose restrictions, affecting availability in your region.
• Smart contract risk: The underlying contracts that mint and burn tokens could have bugs or be exploited.
• Dividend handling: Dividends are not guaranteed to be passed through exactly; there may be delays or deductions.
• Country-specific bans: Even if you are allowed to create an account, your country might later block access. Trade only what you can afford to lose.

📌 Before committing capital, test with a small amount (e.g., $50) to understand the fee structure, slippage, and withdrawal process.