Did you know that it's now possible to buy American Stocks directly through the Cryptocurrency Market? In this guide, we'll introduce you to a brokerage that recently launched this service.

A little about Backpack Exchange:

     Backpack Exchange is a relatively new cryptocurrency exchange that has been attracting attention for several key differentiators—primarily transparency, regulation, and a focus on derivatives. Backpack emerged as part of the Coral ecosystem, linked to development on the Solana network. It gained more visibility after acquiring assets from the former FTX during its restructuring process.

• Backpack became known for implementing Proof of Reserves in a more open way;
• The idea is to allow users to verify if the exchange actually possesses the funds it claims to have;
• The platform is strong in futures/perpetual trading (leverage);
• It is also linked to Backpack Wallet, a crypto wallet with support for NFTs and decentralized apps. Strong integration with the Solana ecosystem;
• Unlike many offshore exchanges, Backpack has sought regulatory licenses in several countries (such as Dubai). This increases institutional trust.
• They recently launched the US stock market directly on their platform.

Guide on How to Buy American Stocks in Backpack:

     Backpack is making a strong entry into the US stock market through the Backpack Securities project, which combines a traditional brokerage with tokenized assets on the Solana blockchain.

• 1 - First, you need to open an account on Backpack Exchange: Backpack Website.
• 2 - Currently, Backpack allows deposits in cryptocurrencies and, depending on your region, also in fiat currency. After the deposit, the balance is available for trading.
• 3 - In June 2026, Backpack launched the Backpack Securities platform, allowing the purchase of real US stocks through regulated US infrastructure.
• 4 - Access the "Stocks" page and choose the option you wish to buy, such as NVDA or MU, for example;
• 5 - The process is similar to buying cryptocurrencies, with limit orders and market orders, and some functionalities are still being released gradually.

• Tokenized stocks have different legal structures depending on the issuance. Not every "stock token" on the market represents direct ownership of the stock. Backpack claims to be focused on registered stocks and not just synthetic derivatives, and may, over time, make purchases available through the DeFi market, such as through xStocks, for example.

Lucas Lippe

The idea of freedom is fascinating and Bitcoin gives us that in many ways. Explaining ideas of a decentralized web on the Bitcoin Lovers website.

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