> For the complete documentation index, see [llms.txt](https://docs.bbx.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.bbx.com/faq/is-bbx-a-coin.md).

# Is BBX a Coin?

> **BBX is not a cryptocurrency token. BBX has not issued an official platform token.**

BBX is the brand name of a multi-asset trading platform, not a cryptocurrency or platform token.

Any third-party token using the name "BBX" or "$BBX" is not affiliated with BBX.com unless explicitly announced through official BBX channels.

Some BBX products may involve on-chain assets or tokenized real-world assets (RWAs), but this does not mean that BBX itself is a token.

### What Is BBX?

BBX is a multi-asset trading platform that uses stablecoins as a unified gateway for funding and connects traditional securities markets with on-chain financial markets.

Through a unified BBX account, users can trade more than 6,000 U.S. and Hong Kong stocks using stablecoin funds, as well as access spot trading and multi-asset perpetuals through BBX DEX. The platform spans stocks, ETFs, global market indices, U.S. Treasury-related assets, commodities, and major crypto assets, along with representative instruments from non-U.S. markets such as China and South Korea. No more switching accounts. No more fragmented markets.

BBX DEX supports 24/7 trading, settles through blockchain infrastructure, and allows transaction records to be independently verified. BBX's securities business connects to licensed U.S. brokerage infrastructure through an Introducing Broker model. Trade execution, clearing, and custody are handled by FINRA-registered institutions.

The BBX system includes a Funding Account, Stock Account, Spot Account, and Perpetual Account. Users access these products through a unified login and stablecoin funding gateway and can transfer assets between accounts as needed.

Different products use different trading and settlement infrastructure:

* Stock trades are executed through the relevant securities markets and partner brokerage infrastructure.
* BBX DEX spot and perpetual trading is provided and settled through blockchain infrastructure.

**One Account. Global Markets.**

### What Can You Trade?

Users can currently access the following principal products through BBX:

#### 1. Multi-Asset Perpetuals

BBX DEX offers perpetual contracts across multiple asset classes, including:

* U.S. stocks and other global equity-related underlyings;
* ETFs;
* Global market indices;
* U.S. Treasury-related assets;
* Commodities such as gold, silver, and crude oil; and
* Major crypto assets such as BTC and ETH.

BBX DEX perpetuals support 24/7 trading. Perpetual contracts provide price exposure to the referenced assets and do not represent direct ownership of the underlying stocks, ETFs, index constituents, or physical commodities.

Available contracts, leverage, and trading parameters are subject to the real-time information displayed on BBX DEX.

#### 2. Global Stocks

Users can trade more than 6,000 U.S. and Hong Kong-listed stocks using their stablecoin funding accounts, with coverage across technology, financial services, consumer goods, healthcare, energy, and other industries.

Stablecoins serve as the funding gateway. After transferring funds to the Stock Account and completing any required currency conversion, users can select and trade the relevant stocks.

Stock trading is subject to the trading hours of the relevant securities markets, applicable product rules, and eligibility requirements. The stocks available for trading are subject to the real-time information displayed on the BBX stock trading page.

#### 3. Spot and Tokenized Real-World Assets

BBX DEX supports selected on-chain spot assets. Through a multi-party framework involving relevant issuers, custodians, compliance service providers, and blockchain infrastructure partners, BBX provides users with access to selected tokenized real-world assets (RWAs).

Subject to applicable product terms, liquidity, network availability, and regulatory restrictions, these products may support trading and on-chain transfers outside traditional market hours.

The rights represented by tokenized products, their asset-backing arrangements, and the scope of their transferability may vary. Users should review the relevant product information before trading.

BBX will continue to expand the markets and asset classes available for trading. Specific products, trading instruments, and listing status are subject to the platform's real-time pages and official announcements.

### How to Start Trading

1. Register or log in to your BBX account using an email address, crypto wallet, or Telegram.
2. Deposit USDT or USDC into your Funding Account through a blockchain network currently supported by the platform.
3. Transfer funds to your Stock Account, Spot Account, or Perpetual Account as needed.
4. Open the relevant trading page, select a product, and place your order.

Stock trading hours are subject to the relevant securities market and product page. BBX DEX spot and perpetual markets support 24/7 trading.

Supported deposit networks, asset types, minimum deposit or transfer amounts, network fees, and processing times are subject to the real-time information displayed on BBX.

[➤ Check the step-by-step guide](/faq/how-to-trade-global-stock-perpetual-contracts-with-usdt-usdc.md)