Tokenized stocks
Tokens tracking listed US shares, traded against USDT.
Alongside cryptocurrencies, Cryolynx lists a set of tokenized stocks — tokens whose value tracks a listed US share. On the Exchange they appear grouped separately from the ordinary crypto pairs.
How they work here
- They are quoted and traded against USDT only. You need USDT to buy them, and you receive USDT when you sell.
- On Convert they can only be paired with USDT. They are listed in both currency pickers, but if you choose a tokenized stock alongside any other asset, the other side switches to USDT automatically and a short notice tells you so.
- On Convert they also execute as market orders rather than as a fixed quote, so the price you get is the market price at that moment rather than a rate you accepted in advance.
You are buying a token, not a share. It is not a shareholding in the underlying company.
It carries no voting rights, no dividend entitlement and no shareholder protections, and it is not held in
a brokerage account. Understand what you are buying before you buy it.
The underlying shares trade on US market hours, but these tokens trade continuously. Pricing outside US
market hours can be thinner and move more sharply.
Nothing here is investment advice. Cryolynx is not a licensed financial adviser and does not recommend any particular asset.
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Related
- Spot trading basics How the Exchange works, and what happens when you place an order.
- Order types explained Limit, Market, Stop Limit, Stop Market and Trailing Stop — what each one does.
- Trailing stop orders A stop that follows the price and triggers when it reverses by your chosen percentage.
- Take Profit and Stop Loss (TP/SL) Attach a take-profit and a stop-loss to a limit order in one go.
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