In today’s rapidly evolving financial landscape, investing in US stocks remains a pivotal avenue for wealth creation and diversification.
The allure of being able to invest in some of the world’s largest and most influential companies is undeniable.
However, despite the vast opportunities presented by the stock market, many individuals around the world continue to be left out of this wealth-building endeavor.
In this article, we’ll explore how the emergence of stablecoins and innovative platforms like Cera is bridging this gap, allowing individuals, regardless of their location and banking status, to invest in US stocks.
Disclaimer: Please be aware that the contents of this article is not sponsored and is for informational/educational purposes only. Investing cryptocurrencies, stocks, or any other financial instruments involves inherent risks, and it’s crucial to conduct your own thorough research and consult with a qualified financial advisor before making any investment decisions. The opinions expressed in this review are solely those of the author and do not represent the views or endorsements of any organizations or individuals associated with Blockzeit.
Stablecoin Integration Into The Stock Market
What’s truly captivating about the stock market is its capacity to transform individuals into investors, providing the opportunity to diversify income streams beyond traditional employment or business endeavors. In essence, it empowers people to create additional sources of income, a notion that’s become more appealing in today’s economic landscape.
However, access has remained a significant barrier for many. Traditional stock market participation often requires a bank account, which is a stumbling block for those in the “unbanked” population. This is where cryptocurrencies, particularly stablecoins, have started to revolutionize the financial sector.
Cryptocurrencies, when harnessed to create real-life solutions, have the potential to significantly improve people’s lives significantly. This is where Cera comes into the picture, offering an innovative blend of stock market investing via cryptocurrencies.
Read: IMF: Mass Stablecoin Adoption Can Lead To Domestic Currency Substitution
Introducing Cera
Typically, crypto investors usually diversify their holdings by purchasing various altcoins and then converting them back into Bitcoin. Others choose to stake their assets, locking them up in blockchain networks to earn passive income and waiting for the next bull market. Additionally, some investors opt to convert their crypto back into fiat currencies when they want to realize their gains.
However, Cera introduces a new avenue for investors—by sending stablecoins into their platform, Cera facilitates a seamless conversion into US Dollars. In essence, you utilize crypto as a gateway to fund your account, providing you the means to purchase US stocks.
Accessible to All
This opportunity is not limited to seasoned crypto investors alone. Almost anyone worldwide, provided they have a digital wallet and know how to transact between fiat and crypto, can now access the US stock market without the traditional barriers.
About Cera
Cera’s recent acquisition of a US broker license has expanded its reach to a global audience.
It is a US-based trading platform with the backing of Y Combinator, a renowned name in the tech and startup ecosystem.
One of the platform’s standout features is its provision of fractionalized trading. This means that even if you’re eyeing high-value stocks such as Amazon, Google, Facebook, or Apple, you can begin investing with as little as $2.
Read: Crypto Investing: How To Get Started With Small Capital
Safety and Regulatory Framework
For those concerned about the safety and regulatory aspects of Cera, the platform places a strong emphasis on trust and transparency. They provide comprehensive information on their regulatory framework to ensure users’ peace of mind.
How To Get Started
1. Download the Application on Google Play or Apple App Store
2. Register For an Account
Have your personal information such as your email address ready when creating an account.
3. Get $2 After Registering
Get $2 USD instantly after providing a positive review and get up to $50 in bonuses when you deposit $50 dollars worth of stablecoins within 14 days.
4. Complete eKYC
Verify your account by providing the following:
- Primary ID (Passport, Driver’s License, etc.)
- Facial Scan
Note: New users must complete the eKYC process on the Cera app before collecting rewards from the Reward Center.
5. Deposit Your Stablecoins
The platform has three stablecoin choices with multiple blockchain networks supported:
- USDC – Ethereum (ERC-20) and Polygon (ERC-20)
- BUSD – Binance Smart Chain (BEP-20)
- USDT – Ethereum (ERC-20), Polygon (ERC-20), and Binance Smart Chain (BEP-20)
6. Search For a Stock That You Like
7. Place a Trade!
Final Thoughts
Investing in US stocks using stablecoins through platforms like Cera is a game-changer in 2023. It not only breaks down traditional barriers to entry but also opens up a world of opportunities for a diverse range of investors.
The intersection of cryptocurrency and stock market investing is reshaping the financial landscape, bringing financial empowerment to people worldwide. As we move forward, innovations like these are poised to redefine how we invest and grow our wealth.