BIT has substantially updated its rewards for opening a U.S. stock account and funding it. There are three stackable rewards, with up to $310 cash rewards and a range of perks. In addition, there is also an asset transfer bonus of up to $300. This account can be opened using a full set of Chinese identity documents and address information; you only need to complete verification with your ID card. There is no China CRS.

The three rewards are as follows. The easiest route is to fund $$2,000 and make a few trades; you can get a $110 reward, which is pretty good.

First tier: commission-free U.S. stock trading, a $100 fee rebate card, and 30 days of market data

Second tier: extra funding bonus of up to $200. You need to complete the deposit within 14 days of account opening; after you qualify, the 30-day holding period for the tier starts

  • Deposit $$1,500 and keep it for 30 days to get a $70 reward
  • Deposit $$10,000 and keep it for 30 days to get a $200 reward

Third tier: make at least 3 cumulative trades to get a $5 reward; make at least 8 cumulative trades to get a total of $10. You must complete this within 14 days of account opening, and each trade must be greater than $100.

The transfer bonus is as follows, with up to $300.

About BIT

BIT (formerly Matrixport) was founded in 2019. It is a licensed and compliant digital asset financial services group headquartered in Singapore. We provide comprehensive financial services such as trading, custody, asset management, and financing for institutions and professional investors. We currently manage more than $6 billion in assets and have monthly trading volume of more than $7 billion. The group holds core licenses and qualifications such as Singapore’s Major Payment Institution license (MPI) and Switzerland’s FINMA asset management license, and it has been repeatedly named to the Hurun Global Unicorn List and the Singapore Fintech Unicorn List. The founding team comes from Bitmain, Matrix Partners, and Canaan. Its business now spans multiple countries and regions, and it has also obtained regulatory licenses in multiple countries and regions. Their main services are as follows. Compared with other crypto platforms, they focus more on "asset appreciation" rather than simple trading. In addition, they are currently gradually rolling out and upgrading their U.S. stock trading services, which we will explain in detail below.

Registration and rewards

Account opening bonus

Register through our exclusive channel now to receive multiple rewards. See the beginning of the article for details.

Registration process

Registration and KYC process:

  1. Click the BIT exclusive referral link
  2. Enter your email address or phone number
  3. Set your login password
  4. Complete email verification
  5. Download the app
  6. Submit KYC identity verification

The review is usually completed within a few minutes. They now support direct KYC with a Chinese ID card. However, registration is not available with U.S. or Canadian identity documents. I tested it myself, and the approximate time and materials required are as follows:

  • Basic verification: fill in your information, take a photo of your ID card, and pass face recognition for instant approval.
  • Advanced verification: proof of address is required, but if you verify with an ID card, you can pass by directly uploading the address side of your ID card. It usually takes about ten minutes (official estimate: 1-4 days).
  • U.S. stock verification: fill in more information such as your trading purpose and source of funds, then take a photo of your ID card and complete face recognition. It usually takes 1-2 hours to be approved. (Official estimate: 1-4 days)

Download the app

The app download and use both work normally on mainland China networks; no VPN is needed.

Consultation group

If you have any questions, you can also join our consultation group

If the QR code expires, you can contact the US Cards 101 assistant, and uscards101 will add you.

BIT: Invest directly in real U.S. stocks with USDT

When many people first encounter BIT (formerly Matrixport), they think it is just a crypto wealth management platform. In fact, BIT officially launched U.S. stock trading services in 2026, becoming one of the few platforms in the industry that connects digital assets and U.S. stock investing. Users do not need a traditional overseas bank card; as long as they hold USDT or USDC, they can invest directly in real U.S. stocks.

Support for direct funding with USDT / USDC

Traditional brokerage account opening usually requires:

  • An overseas bank card
  • International wire transfer
  • A longer time for funds to arrive

BIT supports:

  • USDT deposits
  • USDC deposits
  • USD bank wire deposits

Funds can arrive in as little as seconds, and the service is available 24/7. For users who already hold digital assets, there is no need for additional FX conversion or cross-border transfers to invest in U.S. stocks.

Trade real U.S. stocks, not CFDs

This is one of BIT’s most noteworthy features. Many so-called "on-chain U.S. stocks" or "U.S. stock trading platforms" on the market actually offer:

  • Contracts for difference (CFDs)
  • Price-mapped products
  • Tokenized stocks

Investors only get returns from price fluctuations and do not actually own the underlying stocks. BIT uses a direct connection to licensed brokerages model, and users buy actual held U.S. stock assets rather than price-mapped products. Investors can enjoy the corresponding shareholder rights, including dividends and voting rights.

Support for more than 1,000 U.S. stocks and ETFs

BIT is connected to the U.S. market NBBO (National Best Bid and Offer) quote system. It currently supports:

  • Nasdaq-listed companies
  • NYSE-listed companies
  • Mainstream ETFs
  • Popular AI theme stocks
  • Tech growth stocks

It covers more than 1,000 U.S. stock and ETF products. Common names include:

  • NVIDIA (NVDA)
  • Microsoft (MSFT)
  • Apple (AAPL)
  • Tesla (TSLA)
  • Amazon (AMZN)
  • Meta (META)
  • QQQ ETF
  • SPY ETF

Security

According to information disclosed by BIT, BIT’s U.S. stock business uses a compliant structure that is commonly used in the international brokerage industry. BIT does not custody users’ stocks itself—this is very important. Many people think, “If I buy U.S. stocks on BIT, are the stocks held by BIT?” In fact, they are not. BIT itself mainly handles:

  • Account opening process
  • Trading interface
  • Customer service
  • Account management

The U.S. stock assets and cash assets purchased by users are actually held within U.S.-licensed clearing institutions and brokerage systems. The partner institutions are all regulated by the U.S. SEC and FINRA. According to official disclosures, the current partner institutions include:

  • Clear Street
  • RQD Clearing
  • Atomic Vault Securities (AVS)
These institutions are all:
  • SEC-registered firms in the U.S.
  • FINRA-regulated firms
  • Licensed participants in the U.S. securities market

Relevant information can be publicly searched through the U.S. FINRA BrokerCheck system. What is the Omnibus IB structure? BIT's U.S. stock business uses the model commonly adopted by international brokerages: the Omnibus Introducing Broker (omnibus account) model. Put simply, users see their own separate accounts. At the U.S. clearing-firm level, all user assets are pooled into one large master account for clearing and custody. This model is widely used by:

  • International online brokers
  • Cross-border securities platforms
  • Global brokerages

It does not mean customer assets are being commingled. Customer assets are segregated from platform assets According to the official explanation, under the Omnibus model, customer assets and company assets must be managed separately. BIT is responsible for maintaining user-level:

  • Cash records
  • Position records
  • Trade records

Users can check their assets in the app at any time. In other words, the platform's operating funds are not directly mixed with customers' securities assets.

Why are crypto users starting to buy U.S. stocks?

Over the past two years, one very clear trend has emerged: many crypto users have started allocating to both:

  • BTC
  • ETH
  • AI-themed U.S. stocks
  • Nasdaq ETFs

The reason is simple: U.S. technology companies remain among the world's most profitable and innovative businesses. For long-term investors, holding both digital assets and U.S. stock assets can achieve better global asset allocation. BIT is taking advantage of this demand by connecting the crypto world and the traditional securities market within a single account system.

Fees and comparison

Summary

If you already use Binance, Bybit, or other crypto platforms, BIT's biggest value is not just its wealth management products. Its biggest strengths are:

  • Buy U.S. stocks directly with USDT
  • Actual stock ownership, with the proper U.S. securities licenses
  • Support for dividends and shareholder rights
  • More than 1,000 U.S. stocks and ETFs
  • Account opening completed in minutes

For investors who hold BTC, ETH, and stablecoins for the long term, BIT offers a very convenient way to allocate globally. In addition, they now support direct KYC account opening with an ID card, which is still fairly convenient. One point worth noting is that their main entity is in Bhutan, and Bhutan does not have diplomatic relations with China and does not participate in China's CRS. If you are interested in other U.S. stock investing guides and other platforms, see

Stock Investing Basics

Below are introductions to several commonly used U.S. stock brokerages and their signup bonuses.

Overview Signup Bonus Quick Take
Moomoo Futu Get a $350 stock card + $1,000 NVDA + 8.1% APY Comprehensive features and a strong Chinese-language experience. Quotes, Level 2 data, options, and cash management are all practical, making it suitable for everyone from beginners to active traders.
TradeUp Tiger Brokers Get 50 NVDA shares + draw for 5 shares + 4% for three months Good for active trading. For U.S. tax residents, trading fees and margin are relatively competitive. It supports Web Trading, Level 2 data, and Chinese-language customer service.
Webull 12 fractional shares + 1 month of Premium membership Strong market-watching and active-trading features. Charts, technical indicators, options, and pre-market/after-hours trading are fairly complete, making it suitable for frequent traders.
BBAE Up to $650 in rewards Convenient account opening for users in China, with no SSN/ITIN required to apply. Chinese-language support is strong, but it currently has a Platform Fee, so it is not ideal for small-balance, high-frequency trading.
Robinhood Draw 1 stock The interface is simple and easy to use, making it suitable for beginners buying U.S. stocks for the first time. Gold users also get a high yield on idle cash and a lower Margin Rate.
Interactive Brokers Up to $1,000 Highly professional, with support for global markets and multiple currencies. Margin costs are competitive, and it also supports account opening for China residents, making it suitable for advanced investors and global investors.
TradeStation $250 More geared toward professional and active trading. Advanced charting, strategy backtesting, and automated trading features are relatively strong, but ordinary long-term investors may not need them.
Schwab Get up to $1,000 Good for long-term investing and larger asset balances. Buying ETFs and CDs is convenient. Checking and global ATM access are also advantages, but the default interest rate on idle cash is relatively low.
Fidelity Brokerage Account Signup link A long-established full-service brokerage, suitable for long-term investing, ETFs, and retirement accounts. Cash management is also good, making it a strong choice as a long-term primary brokerage.
BIT (formerly Matrixport) Get $210 for deposits and trading Suitable for users in China and digital-asset users. It can be used to allocate USDT/USDC and other funds into U.S. stocks. It is not a traditional U.S. brokerage, so you should review fees and the asset custody structure separately.
SoFi Invest Get $75 for opening an account Simple to use and supports Stock Bits, making it suitable for small-balance and long-term investing. Professional market data and trading tools are limited, so it is not suitable for frequent trading.
M1 Finance Investing Get $10 for depositing money Focused on Pies and automated investing. It is suitable for long-term dollar-cost averaging after setting your stock and ETF allocations, but not for users mainly focused on active trading.

If you do not have an SSN/ITIN but still want to trade U.S. stocks, you can consider the following brokerages/platforms. They can be opened entirely with China-based documents, and you can register with an ID card or passport. They do not participate in China CRS.

  • BBAE: Chinese-user friendly, and you can open an account without an SSN/ITIN
  • BIT (formerly Matrixport): You can open an account with an ID card, and approval can be completed within a few hours.
  • Bitget platform: Identity verification can be completed with an ID card/Chinese passport

If you are in mainland China and want to invest in U.S. stocks, you can read this overview:

Sign-up link

Register now through our exclusive channel to receive multiple rewards.