I tried out BIT's US stock business @BITstocks_CN (BIT's founder is Wu Jihan, a prominent figure in the crypto, and the domain is bit.com) these past couple of days, and it's quite interesting. It's not unusual for mainstream centralized exchanges (CEXs) to trade US stocks; everyone trades US stocks and commodities. But BIT operates differently. It doesn't map to US stock tokens, nor is it a CFD contract; instead, it directly connects to licensed brokers for genuine US stocks. The stocks you buy here are the same as those bought through Tiger Brokers or Futu, including all dividends and voting rights. However, Futu and Tiger Brokers do not allow mainland Chinese identities to open accounts. It also supports 24/7 deposits and withdrawals for USDT and USDC stablecoins, eliminating the need for Crypto users to deal with bank wire transfers. Additionally, I discovered that due to the location of its brokerage license, it is exempt from CRS reporting. Currently, the tradable assets cover the entire US stock market, unlike US stock tokens which only list a few mainstream stocks. In terms of trading and settlement, it is subject to the US SEC regulatory system, ensuring maximum liquidity. It is also protected by SIPC. Amid the current mainstream trend of cross-market horizontal expansion, BIT has filled a crucial gap in its portfolio by adding US stocks. Combined with its existing Crypto spot/contract trading, precious metals RWA, wealth management, and strategy services, it forms a user-friendly, one-stop cross-market asset allocation platform. For Crypto users in mainland China, BIT is currently perhaps the most comfortable and closest to the ideal US stock investment path. Those interested can visit @BITstocks_CN. Once you experience it in person, the difference is quite obvious. After all, a pre-IPO on a CEX is essentially betting on a "future price story". Brokerage firms buying stocks = holding shares in a real company

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