From BTC to the regular stock market?

[el danes]

Hi

Im new here, and I have been searching for an answer to my question, but I still havent found what im looking for
I have some BTC and I would like to trade stocks for them -yeah, I know its not easy, but maybe you guys know about a platform where they accept deposits in BTC and exchange them to USD from where you can trade stocks (No CFDs - just regular stock trading).
Is that possible anywhere?

 

[exprtadvisrdev]

If you don't live in a tax hell, you can buy in Uphold (but is not a real stock, they are just STOs). But, get ready to follow a KYC.

 

[el danes]

First of all, thanks for answering.
I live in Paraguay, so thats a non-csr country, but absolutely not tax hell. I will check out Uphold. Thanks mate.

 

[nomad999]

Swissquote can do this.
You will probably have to provide proof of funds on your btc depending on the amount.

 

[LondonOTC]

With transferwise, no CRS and you can play stocks inside the app

 

[exprtadvisrdev]

With transferwise, no CRS and you can play stocks inside the app

Wtf?

 

[ih8socialism]

Check out Quantfury you can only deposit Cryptos and buy stocks then

 

[LondonOTC]

Wtf?

Sorry, I meant Revolut

 

[el danes]

Check out Quantfury you can only deposit Cryptos and buy stocks then

What a wonderful advice - thanks. I really like that app (I did not know it). The only thing that scares me a bit, is the fact that you dont actually 'own' the stock you buy and that I have no idea whteher this company (Quantfury) is safe or not.

 

[blizz]

Are they only available for Android?
https://play.google.com/store/apps/details?id=com.quantfury&hl=da&gl=US
No official website?

 

[el danes]

Quantfury seemed to be the solution, thanks.

- but what about using ADVcash as a third part; eg. cashing out from Binance to ADVcash and from there transfer it to Revolut? Have anybody tried that?

 

[blizz]

It is well possible as long as the account is in same name. Revolut has not blocked Advcash transfers yet.

 

[troubled soul]

Try etoro.com or uphold.com.
very easy for what are you looking to achieve.

 

[gmbh]

It is possible on ftx.com with several big stocks.

 

[el danes]

It is possible on ftx.com with several big stocks.

Really? I just checked out the site, and I couldnt find any stocks . just crypto and index.

 

[el danes]

Try etoro.com or uphold.com.
very easy for what are you looking to achieve.

etoro does not accept me (Paraguay), but I have heard that its great, thanks. Uphold is def a good option. Cheers

 

[gmbh]

Really? I just checked out the site, and I couldnt find any stocks . just crypto and index.

https://help.ftx.com/hc/en-us/articles/360051229472-Tokenized-Stocks