Over the years, Nigerians have wanted an easy way to trade cryptocurrencies and U.S. stocks without using several apps or foreign bank accounts.
That goal is now possible with the launch of Bitget’s Universal Exchange (UEX), a new platform that combines crypto, tokenized U.S. stocks, and ETFs in one place.
With the product, Nigerians can now trade Bitcoin, Ethereum, Tesla, Apple, Microsoft, and even S&P 500 ETFs from their phones or laptops using just one login and one account.
Trade and invest with Bitget
According to Gracy Chen, Bitget’s Chief Executive Officer, UEX aims to make it easier for Nigerians to invest globally without facing the usual difficulties.
She explained that the platform allows users to start with small amounts and gradually build their investments without needing a U.S. bank account or a foreign broker.
“For the first time, crypto and tokenized U.S. assets are live in one app, with one login and one dashboard,” Chen said. “You can start small and grow your exposure over time, without needing a U.S. bank account or foreign broker.”
One major challenge for many Nigerian traders has been moving money between platforms. Bitget says UEX solves this problem by supporting funding and withdrawals in naira (NGN) through local payment methods Nigerians already use.
Users can deposit and withdraw funds through traditional banks like GTBank and Access Bank, as well as popular fintech platforms such as Opay, PalmPay, and Moniepoint. They can also make payments using USSD, Paystack, Flutterwave, and standard bank transfers.
The platform also provides tokenized versions of top U.S. companies such as Tesla, Apple, Microsoft, and Coca-Cola. It also offers access to popular exchange-traded funds (ETFs), including SPDR S&P 500 (SPY), Invesco QQQ Trust (QQQ), and ARK Innovation ETF (ARKK).
Many Nigerians began their investment journey through forex trading. Bitget says the UEX platform builds on that experience by combining crypto, forex, and stocks into a convenient system.
Gracy Chen noted that UEX is not meant to replace what Nigerian traders already know but to make it easier for them to manage all their assets in one place.
“This doesn’t replace the skills Nigerian traders already have. It brings everything together so you can manage your assets in one place.”
What this means for Nigeria
A report by Bitget and Animoca Brands highlights that platforms like UEX are becoming more than trading apps.
They are now acting as financial gateways that connect crypto, tokenized real-world assets, and traditional investments.
This development is vital for Nigeria. The country’s young investors are among the most active in Africa’s digital economy.
The ability to easily switch between crypto and traditional investments could open new doors for financial inclusion and wealth creation.