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Use Yield-Generating STBT as Trading Collateral

First of its kind product offering, powered by

STBT as Trading Collateral on BIT Exchange

In partnership with Matrixdock, traders can now deposit STBT as eligible trading collateral to trade spot/perps/options on BIT Exchange - at a 2% haircut.

Use STBT Across

What is STBT?

Backed by short-term US gov securities+cash

BIT Exchange is the first platform to accept it as trading collateral

Pegged equivalent value of 1 USD, with risk-free yield (~5%)

Earn the risk-free yield & capture trading opportunities with BIT Exchange

Total Supply

$110 Million+

7-Day APY

4.9%

Total Distributed Interest

$2.5 Million+

Holding 1 STBT

Holding $1.00 worth of U.S. Treasuries

Daily Interest

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How to Get Started

This product is only available for Institutional Investors.

To leverage STBT as trading collateral, you must have a BIT and Matrixdock account that complies with the necessary KYC requirements.

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Sign up

BITandMatrixdockAccount

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Complete KYC requirements

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Done!

Frequently Asked Questions

What kind of users can deposit/use STBT?

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Users who have passed KYC4 advanced certification on Matrixdock.

https://stbt.matrixdock.com

Why can’t I get the deposit address even though I have passed KYC4 certification?

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After passing KYC4 certification, please contact customer service to open the deposit address.

Can STBT be used as collateral? What is the haircut ratio?

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Yes. 2%. Please refer to the “Assets - Trading - Collateral” section in the App for details.

What other channels can I use to obtain STBT besides recharging?

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After passing KYC4 certification, users can purchase STBT through Convert.

How can I get the distribution airdrop after holding STBT?

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The issuer will automatically airdrop to the user’s account based on the number of STBT held by the user.

Why didn’t I get the airdrop after purchasing STBT through Convert?

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Although the user’s account has obtained STBT and can be used as collateral or traded, the funds of STBT have not been actually settled due to the third-party Convert service. After settlement with the supplier, users can receive the distribution airdrop normally. The settlement cycle is usually 1-3 days (usually 1 day).

Why didn’t I get the airdrop after purchasing STBT through Convert?

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Although the user’s account has obtained STBT and can be used as collateral or traded, the funds of STBT have not been actually settled due to the third-party Convert service. After settlement with the supplier, users can receive the distribution airdrop normally. The settlement cycle is usually 1-3 days (usually 1 day).
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