What is xStocks? A step-by-step guide on how to use Gate to buy NVDAX tokenized NVIDIA stocks.

Financial technology is reshaping the investment world at an unprecedented speed. In July 2025, the global mainstream crypto exchange Gate launched the xStocks trading area, allowing users to trade tokenized stocks of giants such as TSL, Apple, and Nvidia directly using USDT and other crypto assets.

This innovative product seamlessly connects traditional finance with blockchain technology, opening a new channel for borderless stock investment for global investors. This article will detail the operation mechanism of xStocks and guide you step-by-step on how to purchase on the Gate platform using NVDAX (NVIDIA tokenized stock) as an example.

##xStocks: When Traditional Stocks Meet Blockchain Technology

xStocks is a tokenization stock solution launched by the Swiss compliance platform Backed Finance, which transforms real listed company stocks into digital assets that can be freely traded on the blockchain through 1:1 full collateralization.

Each Token corresponds to the stocks of a specific company, for example:

• AAPLX represents Apple Inc.
• TSLAX represents Tesla (TSL)
• NVDAX represents NVIDIA.
• CRCLX represents Circle (the issuer of the USDC stablecoin)

These tokens are issued on public chains such as Solana (SPL) and Ethereum (ERC-20), with the underlying stocks being held by licensed custodians (such as Swiss banks) and regularly undergoing independent audits to ensure reserve transparency. Essentially, xStocks is a compliant integration of traditional equity and blockchain technology.

##Why Choose NVDAX? Nvidia's On-Chain Avatar

NVDAX is a tokenized certificate of NVIDIA's stock, closely tracking the company's real-time stock price performance on NASDAQ. As a global leader in the field of artificial intelligence computing, NVIDIA's stock has become a core target for technology stock investments.

Holding NVDAX is equivalent to gaining price exposure to NVIDIA stocks (note: does not include voting rights and dividend rights). Its core advantages include:

• Fragmented investment: Supports small purchases starting from approximately 10 USD, significantly lowering the investment threshold for high-priced stocks.
• 24/7 trading: Break through the traditional stock market time constraints of 9:30 AM - 4:00 PM EST, responding to market dynamics around the clock.
• On-chain free circulation: Tokens can be transferred into DeFi protocols to participate in staking, lending, and other scenarios, unlocking the innovative income model of "holding shares for interest".

Starting from July 2025, NVDAX ranks among the top three in trading activity in Gate's xStocks section, becoming one of the most popular tokenized stocks.

##Practical Guide: How to Buy NVDAX in the Gate xStocks Area

Gate will launch the xStocks section on July 3, 2025, becoming the world's first platform to support both tokenization of stock spot and contract trading. Here are the specific steps to purchase NVDAX:

Step 1: Account Preparation

1. Visit Gate.com (excluding restricted regions like the US/Canada)
2. Complete registration and identity verification
3. Prepare USDT (used to purchase NVDAX's base currency)

Step 2: Recharge USDT

1. Go to [Assets] → [Spot] account
2. Select USDT, get the deposit address (supports multi-chain deposits)
3. Transfer sufficient USDT to your Gate account

Step 3: Find the trading pair

1. Click on the top 【Exchange】 → Select 【xStocks Area】
2. Enter NVDAX/USDT in the search box.

Step 4: Place an order to buy

• Market Order: Execute immediately at the current best price
• Limit Order: Set your ideal buying price and wait for market fluctuations to trigger.
• Enter the purchase amount (supports fractional share trading, minimum 10 USD)
• Confirm the order and complete the transaction

Advanced Features

• Perpetual Contract: Gate offers NVDAX perpetual contracts (up to 10x leverage), supporting both long/short positions.
• Alpha Zone: Provides institutional-level liquidity for high-frequency traders, effectively reducing slippage.

##Core Advantages and Potential Risks of xStocks

Innovation Advantages

• Global no-threshold access: Users from regions such as Africa and Southeast Asia can buy global stocks with USDT at the click of a button without needing a US stock broker account.
• Settlement Efficiency Revolution: Transaction confirmation shortened from traditional finance's T+2 days to sub-second completion on-chain.
• DeFi Integration: Transfer NVDAX to protocols like Kamino to participate in liquidity mining and achieve "holding shares for interest".
• Cost savings: No stamp duty, trading fees significantly lower than traditional brokers.

Risk Warning

• No shareholder rights: Holding NVDAX does not grant voting rights or cash dividends, only capturing price fluctuations.
• Liquidity risk: Some tokens have limited trading depth and may face higher price spreads (the risk for popular underlying assets like NVDAX is relatively low)
• Regulatory differences: Services are not provided to regions such as the US and Canada, and policy changes may affect access.
• Technical risks: potential threats such as exchange hacking, on-chain transfer errors, etc.

##The Future of Finance: How Tokenized Stocks Will Reshape Investment?

xStocks represents a paradigm shift in financial market infrastructure. As of August 2025, Gate has launched over 60 stock tokens, covering a diverse range of underlying assets from tech giants to ETFs. With daily trading volume surpassing 5 billion USD, this fusion model is drawing close attention from traditional financial institutions.

In the future, as more traditional assets are introduced to the blockchain, xStocks is expected to truly realize a seamless experience of "one wallet, investing globally." For ordinary investors, NVDAX is not only a ticket to the growth dividends of Nvidia, but also an important medium to participate in the evolution of this financial system.