Bitget Introduces Long Margin Positions with Tokenized US Stocks

Bitget, a cryptocurrency exchange offering spot, futures, and crypto-based trading instruments, has launched rToken margin trading (Long) on its mobile app. This feature enables users to open long margin positions using tokenized U.S. stocks as collateral.

The rTokens, such as rAAPL for Apple and rAMZN for Amazon, are used alongside other assets across margin and futures modes within Bitget's Unified Trading Account (UTA) system.

The system uses a collateral ratio to determine the effective margin value of rTokens, rather than their full face value. This affects margin value calculations during weekends or U.S. market holidays when rToken index pricing is frozen at the last market close.