Gate News: According to Gate’s official announcement, Gate has officially launched its Korean stock trading service. Users can now use USDT directly to participate in trading listed stocks on the Korea Exchange (KRX). The first batch includes listed stocks ranked in the top 1,000 by market cap on Korean exchanges, covering the KOSPI main board and the KOSDAQ market, including popular targets such as Samsung Electronics, SK hynix, NAVER, Hyundai Motor, and Celltrion.
Korean stocks will share a unified stock account system and trading capabilities with US stocks and Hong Kong stocks. Users can complete buying and selling, position management, profit and loss lookup, and record viewing on the same platform. Trading hours for Korean stocks align with the regular trading sessions of Korean exchanges, supporting trades from 09:00 to 15:20 (Korean time). Prices, market cap, and profit and loss are displayed in Korean won (KRW). Trading fees and fund settlement are converted to USDT using the real-time exchange rate.
With this launch, Gate’s global stock market coverage now spans three core markets: US stocks, Hong Kong stocks, and Korean stocks. It has already supported more than 10,000 US mainstream market stocks and ETFs, and more than 1,500 Hong Kong stock listings. Users can use USDT to directly participate in global stock investing, with support for fractional-share trading starting from as low as 0.01 share per order.