Top DEXs for trading stocks, gold, and silver with crypto

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forkxNewbie
Posts: 58 · Reputation: 3
#1Oct 11, 2023, 02:24 AM
What are the best DEXs out there for trading stocks with crypto like USDC, USDT, BTC, BNB, and SOL, and that don’t require KYC? Right now, I’m using Perpmate DEX for trading stocks, silver, and gold, but those are perpetual contracts. I really like how straightforward the app is and I’m looking for something similar, but I want to buy stocks as spot trades and hold them until I'm ready to sell. I want to avoid risks related to funding or liquidation, so it definitely needs to be a no KYC DEX that’s easy to use, ideally on mobile. Any recommendations?
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nodez241Newbie
Posts: 476 · Reputation: 20
#2Oct 12, 2023, 08:17 PM
It's usually better in perp if you just want to trade it. Perp can open a stocks or gold market without the need to put a reserve behind the tokenized form, basically a pure financial product like a synthethic asset style. If you want to trade spot it will be tougher to find stock and other real world asset that have strong liquidity. The one that I know so far is PAXG, a gold backed stablecoin by paxos or XAUT by tether. Other than that, I don't really know. Anyway, you can get them from uniswap.
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forkxNewbie
Posts: 58 · Reputation: 3
#3Oct 13, 2023, 12:20 AM
Hmm XAUT sounds pretty good noticed you can hold these in self custodial way in gem wallet. Thank you.
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