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Bybit Opens US Stock Trading for Eligible Users, With USDC and Zero Commissions

Bybit Opens US Stock Trading for Eligible Users, With USDC and Zero Commissions

Bybit has started letting eligible users trade U.S.-listed stocks and ETFs on its platform, a move that pushes the crypto exchange further into traditional brokerage territory. The company said on October 12, 2026, from Dubai that more than 1,000 U.S.-listed securities are now available, including Apple, NVIDIA, Tesla, Micron Technology, and the Invesco QQQ ETF.

Trades are settled in USDC, and Bybit is charging zero commission on eligible stock purchases and sales. The service isn't available everywhere — users need to be in a permitted jurisdiction and have completed the required KYC verification.

How the plumbing works

Bybit isn't running this on its own rails. Orders are routed through its regulated brokerage infrastructure and executed by Alpaca, a U.S. self-clearing broker-dealer. Alpaca also holds the underlying securities in custody.

That setup matters for what users actually own. Bybit says buyers get an economic interest in the underlying securities, not a price derivative or a synthetic instrument. In plain terms, this is meant to be the real thing, not a token that tracks a stock price.

Infra Capital Limited, regulated by the Financial Services Commission in Mauritius, is the introducing broker. U.S. clearing, settlement, and custody sit with Alpaca Securities LLC, a FINRA and SIPC member. Bybit says it has more than 80 million users worldwide.

What you can actually do with the shares

Fractional shares are available for eligible securities, which lowers the entry point for stocks that would otherwise cost hundreds of dollars a pop. Cash and stock dividends are supported. Cash dividends get converted from USD into USDC and credited to the user's Unified Trading Account. Stock dividends show up directly in the user's position, and stock splits are reflected in holdings according to the applicable corporate action.

Voting rights aren't live yet. Bybit says those are planned for a future phase. Some corporate actions may also be restricted at this time, so the feature set isn't fully built out.

Trading runs 24/5 during U.S. pre-market, regular, and after-hours sessions, subject to product availability. Users can manage eligible crypto and equity positions inside the same Bybit account, which is the real pitch here: one place for both sides of the portfolio.

The bigger push into TradFi

Stocks are the latest addition to Bybit's traditional-markets lineup, which already includes access through its MT5 platform, tokenized equities, and TradFi perpetuals. The company markets itself as "The New Financial Platform," a single ecosystem for investing, trading, payments, and wealth-building.

Ben Zhou, Bybit's co-founder and CEO, has been steering the exchange toward a broader financial-services identity for a while. Yoshi Yokokawa, co-founder and CEO of Alpaca, is on the other side of this particular integration, providing the brokerage and custody layer.

The timing is notable. Crypto exchanges have been competing hard for retail users, and offering equities alongside digital assets is one way to keep them from opening a separate brokerage account. Whether users actually want their stocks and their crypto under one roof is the open question.

What's still missing

Voting rights are the obvious gap. Until those go live, shareholders can collect dividends and ride stock splits but can't weigh in on corporate matters. Bybit hasn't given a date for that phase.

Access is also gated by jurisdiction and KYC, and the terms of the service are spelled out in the Bybit Stocks Terms & Conditions. The company's standard risk line applies: capital at risk, and you may get back less than you invested.

The next thing to watch is whether voting rights arrive as promised and how quickly Bybit expands the list beyond the initial batch of U.S. names.