▶️ Tokenized Stocks Are Here & Under Fire | EP#478 by scottcbusiness

View this thread on steempeak.com
· @scottcbusiness ·
$0.08
▶️ Tokenized Stocks Are Here & Under Fire | EP#478
<center><a href='https://d.tube/#!/v/scottcbusiness/humirh98i85'><img src='https://i.imgur.com/JxxzQwP.jpg' ></a></center><hr>

There was an explosion of tokenized stocks after FTX first made this possible. Ever since, every centralized exchange and even some “decentralized” exchanges have delisted them or halted trading. Let’s talk about it.

Many exchanges were listing the top tech stocks in the form of synthetic assets that were supposed to be matching 1:1 with stocks but were tradeable with cryptocurrency. This was especially interesting because it allowed people to buy fractional stocks when they may have not been able to previously, they could buy without a bank account, and they could trade it 24/7. Common stocks on these lists were Apple, Tesla, Alibaba, Google, Microsoft, Ark ETF, MicroStrategy, Amazon, AMC, EB Games, AirBnB, Intel, AMD, and other top tier blue chip tech stocks.

Now it may simply be your location given you’re forced to KYC that prevents you from trading or it may just be that they’ve prevented anyone from trading where there is no location data like Uniswap.

Bittrex cut off the ability to trade their tokenized stocks. Binance previously has Apple, Coinbase, Microsoft, MicroStrategy, and Tesla tokenized stocks but stopped allowing them to be traded October 14th, 2021. Uniswap previously allowed trading them until they were hit by the SEC and promptly removed support for many tokenized tokens. CoinCodex also used to let you trade tokenized stocks. It seems most exchanges were hit all around the same time in late June this year. Uphold allows you to trade tokenized stocks in certain countries, but I wasn’t able to purchase any. Currency.com also offer tokenized stocks but not in Canada.

Sources:
https://currency.com/ 
https://wallet.uphold.com/dashboard/markets 
https://www.binance.com/en/stock-token
Uniswap removed these tokens: https://github.com/Uniswap/interface/blob/main/src/constants/tokenLists/unsupported.tokenlist.json 
https://coincodex.com/cryptocurrencies/sector/tokenized-stocks/ 
https://global.bittrex.com/discover/tokenized-stocks

*Disclaimer: This is not financial advice and is purely for entertainment purposes. What you see, hear, or read is my personal opinion, and any statements made are based on my views and should not be misconstrued as fact. My crypto portfolio may or may not be simulated*

Have you bought tokenized stocks before? Are you interested in the concept? What do you think about all of these regulations against tokenized stocks? Let me know what you think about this in the comments below and don’t forget to subscribe!

👥 Support Me & Follow Me Elsewhere 👥 
👉 http://www.scottcbusiness.com 
Ask questions in my Telegram: https://t.me/cryptoandthings 
You can find all my cryptocurrency addresses on https://cointr.ee/scottcbusiness


<hr><a href='https://d.tube/#!/v/scottcbusiness/humirh98i85'> ▶️ DTube</a><br /><a href='https://ipfs.io/ipfs/QmP7sDcfuSddVKEgFgFxoGkUiPCdCgzRTw5Qa7HoKW16Zg'> ▶️ IPFS</a><br />
👍  , , , ,
👎  ,
properties (23)
post_id95,016,536
authorscottcbusiness
permlinkhumirh98i85
categoryhive-196037
json_metadata"{"video":{"files":{"ipfs":{"vid":{"240":"QmZErWDt4YpFktVJZcZPAdLv3oHKyRY8M3QW9qkK4GsXwx","480":"QmeAQb9S9raZChX5gtkoGcUynWmyoUfiCbY8WYSViTxuE7","src":"QmP7sDcfuSddVKEgFgFxoGkUiPCdCgzRTw5Qa7HoKW16Zg"},"img":{"spr":"QmZ9SaK3QY8ciXPJopwcNHqxiMvm6STuFNpG6Ch2tmLUSH"},"gw":"https:\/\/player.d.tube"}},"dur":"984","title":"\u25b6\ufe0f Tokenized Stocks Are Here & Under Fire | EP#478","desc":"There was an explosion of tokenized stocks after FTX first made this possible. Ever since, every centralized exchange and even some \u201cdecentralized\u201d exchanges have delisted them or halted trading. Let\u2019s talk about it.\n\nMany exchanges were listing the top tech stocks in the form of synthetic assets that were supposed to be matching 1:1 with stocks but were tradeable with cryptocurrency. This was especially interesting because it allowed people to buy fractional stocks when they may have not been able to previously, they could buy without a bank account, and they could trade it 24\/7. Common stocks on these lists were Apple, Tesla, Alibaba, Google, Microsoft, Ark ETF, MicroStrategy, Amazon, AMC, EB Games, AirBnB, Intel, AMD, and other top tier blue chip tech stocks.\n\nNow it may simply be your location given you\u2019re forced to KYC that prevents you from trading or it may just be that they\u2019ve prevented anyone from trading where there is no location data like Uniswap.\n\nBittrex cut off the ability to trade their tokenized stocks. Binance previously has Apple, Coinbase, Microsoft, MicroStrategy, and Tesla tokenized stocks but stopped allowing them to be traded October 14th, 2021. Uniswap previously allowed trading them until they were hit by the SEC and promptly removed support for many tokenized tokens. CoinCodex also used to let you trade tokenized stocks. It seems most exchanges were hit all around the same time in late June this year. Uphold allows you to trade tokenized stocks in certain countries, but I wasn\u2019t able to purchase any. Currency.com also offer tokenized stocks but not in Canada.\n\nSources:\nhttps:\/\/currency.com\/ \nhttps:\/\/wallet.uphold.com\/dashboard\/markets \nhttps:\/\/www.binance.com\/en\/stock-token\nUniswap removed these tokens: https:\/\/github.com\/Uniswap\/interface\/blob\/main\/src\/constants\/tokenLists\/unsupported.tokenlist.json \nhttps:\/\/coincodex.com\/cryptocurrencies\/sector\/tokenized-stocks\/ \nhttps:\/\/global.bittrex.com\/discover\/tokenized-stocks\n\n*Disclaimer: This is not financial advice and is purely for entertainment purposes. What you see, hear, or read is my personal opinion, and any statements made are based on my views and should not be misconstrued as fact. My crypto portfolio may or may not be simulated*\n\nHave you bought tokenized stocks before? Are you interested in the concept? What do you think about all of these regulations against tokenized stocks? Let me know what you think about this in the comments below and don\u2019t forget to subscribe!\n\n\ud83d\udc65 Support Me & Follow Me Elsewhere \ud83d\udc65 \n\ud83d\udc49 http:\/\/www.scottcbusiness.com \nAsk questions in my Telegram: https:\/\/t.me\/cryptoandthings \nYou can find all my cryptocurrency addresses on https:\/\/cointr.ee\/scottcbusiness\n","tag":"crypto","thumbnailUrlExternal":"https:\/\/i.imgur.com\/JxxzQwP.jpg","thumbnailUrl":"https:\/\/i.imgur.com\/JxxzQwP.jpg","hide":0,"nsfw":0,"oc":1,"refs":["dtc\/scottcbusiness\/QmP7sDcfuSddVKEgFgFxoGkUiPCdCgzRTw5Qa7HoKW16Zg"]},"tags":["dtube","crypto"],"app":"dtube\/1.1"}"
created2021-10-25 02:40:51
last_update2021-10-25 02:40:51
depth0
children0
net_rshares184,126,808,882
last_payout2021-11-01 02:40:51
cashout_time1969-12-31 23:59:59
total_payout_value0.039 SBD
curator_payout_value0.041 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length3,012
author_reputation203,652,098,184,321
root_title"▶️ Tokenized Stocks Are Here & Under Fire | EP#478"
beneficiaries
0.
accountdtube
weight1,000
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (7)