Gate News reports that, according to Gate’s official announcement, Gate has officially launched its Korea stock trading service. Users can now use USDT directly to participate in listed stock trading on Korea Exchange (KRX) without opening a traditional Korean brokerage account or converting to KRW. The first batch of Korean stocks to be listed will include listed stocks ranked in the top 1,000 by market capitalization on the KRX, covering the KOSPI main board and the KOSDAQ market. The initial popular targets include Samsung Electronics, SK hynix, NAVER, Hyundai Motor, and Celltrion, among others.
Korean stocks will share a unified stock account system with US stocks and Hong Kong stocks. Users can complete buy/sell trading, position management, and profit/loss checks on the same platform. The trading hours for Korean stocks will match the regular trading sessions of the Korean exchange, and it supports continuous intraday call auction trading. Users can place buy/sell orders during 09:00 to 15:20 Korean time. Prices, market capitalization, and profit/loss for Korean stocks will be displayed in Korean won (KRW). Trading fees and fund settlement will be converted into USDT according to the real-time exchange rate.
Relying on the unified account architecture, users can use USDT to directly participate in global stock investments, with support for fractional-share trading starting from a minimum of 0.01 shares. Meanwhile, Gate’s stock products have been fully integrated into the platform’s VIP tier system. Users with $2,000 in holdings can be upgraded to VIP, enjoying an exclusive stock trading minimum fee rate of 0.023% and 1V1 customer-relationship manager services.