# Crypto exchanges now offering stocks (Tesla, Amazon etc) **URL:** \ **Category:** šŸ“Š Investing\ **Created:** [December 8, 2020, 12:58pm UTC](https://community.trading212.com/t/crypto-exchanges-now-offering-stocks-tesla-amazon-etc/30791 "2020-12-08T12:58:46Z")\ **Posts on this page:** 17\ **Page:** 1
**Author:** ![trader787](https://avatars.discourse-cdn.com/v4/letter/t/e68b1a/32.png) [@trader787](https://community.trading212.com/u/trader787)\ **Post date:** [December 8, 2020, 12:58pm UTC](https://community.trading212.com/t/crypto-exchanges-now-offering-stocks-tesla-amazon-etc/30791/1 "2020-12-08T12:58:46Z")
Iā€™ve noticed bittrex crypto exchange is now offering tokenized stocks such as Tesla, Amazon, Google etc. you donā€™t actually hold the stock just a token that represents it. They are commission free and can trade them 24 hoursā€¦is this a serious threat to Trading 212? what do you think? initially itā€™s just a few stocks but will no doubt grow. > **[Crypto Exchange Bittrex Global Lists Tokenized Apple, Amazon, Tesla Stocks...](https://uk.finance.yahoo.com/news/crypto-exchange-bittrex-lists-tokenized-150004765.html)** > > Bittrex's tokenized shares can be bought in fractions, rather than whole shares. > **[Bittrex.com - The Next Generation Crypto-Currency Exchange ā€“ Tokenized Stocks](https://global.bittrex.com/discover/tokenized-stocks)** ---
**Author:** ![InvestOnly](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/investonly/32/8010_2.png) [@InvestOnly](https://community.trading212.com/u/InvestOnly)\ **Post date:** [December 8, 2020, 1:57pm UTC](https://community.trading212.com/t/crypto-exchanges-now-offering-stocks-tesla-amazon-etc/30791/2 "2020-12-08T13:57:30Z")
not owning the actual share isnent my cup of tea šŸ˜• ---
**Author:** ![phildawson](https://avatars.discourse-cdn.com/v4/letter/p/bbe5ce/32.png) [@phildawson](https://community.trading212.com/u/phildawson)\ **Post date:** [December 8, 2020, 2:21pm UTC](https://community.trading212.com/t/crypto-exchanges-now-offering-stocks-tesla-amazon-etc/30791/3 "2020-12-08T14:21:01Z")
Never seen Tokenized stocks before. Itā€™s a bit like the opposite of holding stocks which track the underlying asset like BTCE I guess. With fractional shares and keeping those in ISA with no fee on buying and selling I would say itā€™s not going to be a threat at all. šŸ˜‘ ---
**Author:** ![trader787](https://avatars.discourse-cdn.com/v4/letter/t/e68b1a/32.png) [@trader787](https://community.trading212.com/u/trader787)\ **Post date:** [December 8, 2020, 6:16pm UTC](https://community.trading212.com/t/crypto-exchanges-now-offering-stocks-tesla-amazon-etc/30791/4 "2020-12-08T18:16:53Z")
Fair enough. It does state this: ā€œHolding tokenized stocks on Bittrex Global entitles users to dividends, and other economic benefits of holding the underlying stockā€ So I wonder what you miss out on by having the token instead of the stock. ---
**Author:** ![trader787](https://avatars.discourse-cdn.com/v4/letter/t/e68b1a/32.png) [@trader787](https://community.trading212.com/u/trader787)\ **Post date:** [December 8, 2020, 6:22pm UTC](https://community.trading212.com/t/crypto-exchanges-now-offering-stocks-tesla-amazon-etc/30791/5 "2020-12-08T18:22:47Z")
Never seen them either so been doing some research. For now seems like no threat, in fact Iā€™ve realised for now canā€™t buy them in the UK or Europe but they are planning to be available soon. Maybe they will become widespread and popular in the future or just fizzle. who knows. Edit. I wouldnā€™t put it past crypto exchanges such as binance to offer leveraged tokens which would in fact replace CFD trading. ---
**Author:** ![Cashurkash](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/cashurkash/32/2350_2.png) [@Cashurkash](https://community.trading212.com/u/Cashurkash)\ **Post date:** [December 8, 2020, 9:04pm UTC](https://community.trading212.com/t/crypto-exchanges-now-offering-stocks-tesla-amazon-etc/30791/6 "2020-12-08T21:04:55Z")
Itā€™s all well and good until some whales start manipulating or the crypto in which your buying the token or selling the token back to loses value although, it could appreciate in value also. Iā€™ve been trading cryptos from back in 2009 albeit was pretty minimal back then but in recent years Iā€™ve been trading larger amounts and one thing Iā€™ll say is, watch out for the maker/taker fees and also when having to convert back into fiat as can take a huge hit to profits if you donā€™t know what your doing ---
**Author:** ![phildawson](https://avatars.discourse-cdn.com/v4/letter/p/bbe5ce/32.png) [@phildawson](https://community.trading212.com/u/phildawson)\ **Post date:** [December 8, 2020, 9:19pm UTC](https://community.trading212.com/t/crypto-exchanges-now-offering-stocks-tesla-amazon-etc/30791/7 "2020-12-08T21:19:14Z")
From someone who knows little about crypto would you say start with Binance or Kraken? Over coinbase etc And Trezor or Ledger wallets? ---
**Author:** ![Cashurkash](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/cashurkash/32/2350_2.png) [@Cashurkash](https://community.trading212.com/u/Cashurkash)\ **Post date:** [December 8, 2020, 9:21pm UTC](https://community.trading212.com/t/crypto-exchanges-now-offering-stocks-tesla-amazon-etc/30791/8 "2020-12-08T21:21:29Z")
Nether mate to be honest. What are you wanting to do? Buy different cryptos and hold? Or trade? ---
**Author:** ![phildawson](https://avatars.discourse-cdn.com/v4/letter/p/bbe5ce/32.png) [@phildawson](https://community.trading212.com/u/phildawson)\ **Post date:** [December 8, 2020, 9:21pm UTC](https://community.trading212.com/t/crypto-exchanges-now-offering-stocks-tesla-amazon-etc/30791/9 "2020-12-08T21:21:51Z")
Potentially buy and hold investment. Not particularly looking at lots of trades. And not BitCoin probably Ethereum or Cardano But I havenā€™t done that much research to be perfectly honest. Maybe a couple of grand, so not talking anything large. At least not to start with. Would you say just use something like Ziglu or Wirex and not overthink it. ---
**Author:** ![trader787](https://avatars.discourse-cdn.com/v4/letter/t/e68b1a/32.png) [@trader787](https://community.trading212.com/u/trader787)\ **Post date:** [December 8, 2020, 9:33pm UTC](https://community.trading212.com/t/crypto-exchanges-now-offering-stocks-tesla-amazon-etc/30791/10 "2020-12-08T21:33:04Z")
I use binance and coinbase. binance - has flexible savings, can get flexible or locked interest on crypto by keeping it on the exchange, type binance savings into google to learn more. coinbase - simpler to use, can watch a few videos and get free crypto in various coins, type coinbase earn into google to learn more. with both exchanges of course you would want someone to refer you to get special joining offers. ---
**Author:** ![Cashurkash](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/cashurkash/32/2350_2.png) [@Cashurkash](https://community.trading212.com/u/Cashurkash)\ **Post date:** [December 8, 2020, 10:05pm UTC](https://community.trading212.com/t/crypto-exchanges-now-offering-stocks-tesla-amazon-etc/30791/11 "2020-12-08T22:05:30Z")
I use a whole range of places as some donā€™t use certain market pairs etc. Iā€™m using this one for its staking gains as I buy and hold certain coins and, they have backed precious metals also so I can jump in and out of different areas. They have a cash back system also and the best part, a card in which you can walk into a shop and buy your groceries with your crypto šŸ™‚ stable coins for market volatility and, a marketplace similar to an eBay platform that you can put your business on and get paid via cryptos etc [GokuMarket](https://gokumarket.com/register/1829901517) ---
**Author:** ![cezar](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/cezar/32/440_2.png) [@cezar](https://community.trading212.com/u/cezar)\ **Post date:** [December 8, 2020, 11:22pm UTC](https://community.trading212.com/t/crypto-exchanges-now-offering-stocks-tesla-amazon-etc/30791/12 "2020-12-08T23:22:21Z")
Binance and Ledger for set and forget. Shame you missed the 45% discount on Ledger for Black Friday. Either way, Ledger is very good. Ledger S for no more than 4 coins storage and Nano X for dozens. I personally have the S as I have 4 coins only. Iā€™ve used Coinbase, Binance and Coinmama. Binance has the best rates and has multiple options of buying crypto including Cardano directly (Coinbase doesnā€™t have Cardano, you have to trade other coin). Hope it helps. ---
**Author:** ![phildawson](https://avatars.discourse-cdn.com/v4/letter/p/bbe5ce/32.png) [@phildawson](https://community.trading212.com/u/phildawson)\ **Post date:** [December 9, 2020, 8:48am UTC](https://community.trading212.com/t/crypto-exchanges-now-offering-stocks-tesla-amazon-etc/30791/13 "2020-12-09T08:48:34Z")
It does thanks. Iā€™ll do some more research before I jump in. From a brief look it seems like the core most go for: BTC (Bitcoin) ETH (Ethereum) ~~XRP (Ripple)~~šŸ˜¬ LTC (Litecoin) BCH (Bitcoin Cash) Followed by these: ADA (Cardano) XTZ (Tezos) XMR (Monero) EOS (EOS) LINK (Chainlink) Also TRX (TRON) DASH (Dash) BNB (Binance) ā€“ Just building a bunch of favourites so far: ETH (Ethereum) ADA (Cardano) XMR (Monero) LINK (Chainlink) DOT (Polkadot) ATOM (Cosmos) ENJ (Enjin) ---
**Author:** ![cezar](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/cezar/32/440_2.png) [@cezar](https://community.trading212.com/u/cezar)\ **Post date:** [December 9, 2020, 9:42am UTC](https://community.trading212.com/t/crypto-exchanges-now-offering-stocks-tesla-amazon-etc/30791/14 "2020-12-09T09:42:24Z")
Recommend this channel for crypto stuff. Very good and constructive reasoning, no hype just facts. > **[Coin Bureau](https://www.youtube.com/c/CoinBureau)** > > The Coin Bureau is your essential informational portal to the world of Cryptocurrencies & Forex. Our team of analysts conduct regular coin, exchange and brok... ---
**Author:** ![phildawson](https://avatars.discourse-cdn.com/v4/letter/p/bbe5ce/32.png) [@phildawson](https://community.trading212.com/u/phildawson)\ **Post date:** [December 9, 2020, 9:47am UTC](https://community.trading212.com/t/crypto-exchanges-now-offering-stocks-tesla-amazon-etc/30791/15 "2020-12-09T09:47:42Z")
Cheers Iā€™ll check it out. The best Iā€™ve found is this guy, he seems to give as you say both sides of the coin when it comes to talking about crypto. Delivered in a nice presentation that doesnā€™t feel pumped. > **[Lark Davis](https://m.youtube.com/user/larksongbird01/videos)** > > Lark Davis is New Zealandā€™s most popular investing and bitcoin personality. He grew up on a small organic homestead, reading Mad magazine, dreaming of space ... ---
**Author:** ![pipo](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/pipo/32/1379_2.png) [@pipo](https://community.trading212.com/u/pipo)\ **Post date:** [December 9, 2020, 10:10am UTC](https://community.trading212.com/t/crypto-exchanges-now-offering-stocks-tesla-amazon-etc/30791/16 "2020-12-09T10:10:51Z")
> [@trader787](#): > > commission free and can trade them 24 hours How can you trade Tesla etc. 24 hours? Do they simulate the prices in the middle of the night or something? ---
**Author:** ![Cashurkash](https://dub1.discourse-cdn.com/flex013/user_avatar/community.trading212.com/cashurkash/32/2350_2.png) [@Cashurkash](https://community.trading212.com/u/Cashurkash)\ **Post date:** [December 9, 2020, 10:45am UTC](https://community.trading212.com/t/crypto-exchanges-now-offering-stocks-tesla-amazon-etc/30791/17 "2020-12-09T10:45:05Z")
Pretty much just a cfd and in house trading