Access to Wall Street in Nairobi: How Kenyans are now trading US stocks and ETFs

For years, Kenyan traders eager to tap into the global stock market found themselves locked out by barriers of high deposits, expensive brokerage fees, and cumbersome paperwork.

Giants such as Tesla, Nvidia, Apple, Amazon, and ETFs like the S&P 500 remained elusive, leaving many investors boxed into forex or crypto. That wall is now being broken.

Bitget, a global cryptocurrency exchange and Web3 company, has introduced Real-World Assets (RWA) trading, enabling Kenyans to buy tokenized versions of US stocks and ETFs directly on the same platform they already use for crypto.

This means traders no longer require offshore brokers or US bank accounts. With just a deposit of USDT or Kenyan shillings via M-Pesa, they can begin trading.

The platform allows entry with as little as Ksh.500, opening up opportunities for ordinary Kenyans to own shares of global companies.

For the first time, stocks and crypto can be traded in one app, allowing local traders to apply their market-reading skills from forex and crypto to Wall Street.

Bitget has also introduced quick trading loans through futures trading, letting users amplify their capital and open positions up to ten times the funds they hold.

Currently, the platform offers access to more than 100 stocks and ETFs, including Tesla, Apple, Microsoft, Nvidia, Amazon, Alphabet, Meta Platforms, Netflix, Intel, JPMorgan Chase, Johnson & Johnson, Coca-Cola, Berkshire Hathaway, and popular ETFs like the SPDR S&P 500, Invesco QQQ Trust, and ARK Innovation. The list continues to grow, promising more global exposure for Kenyan investors.

Bitget highlights this as a potential game changer for Kenya, likening it to the revolutionary adoption of M-Pesa and the early wave of crypto believers.

Early adopters, the company says, stand to benefit from new financial frontiers that merge crypto volatility with the stability of stock ETFs.

Founded in 2018, Bitget serves over 120 million users in more than 150 countries. The exchange is widely recognized for pioneering copy trading and providing Web3 solutions through its Bitget Wallet.

It has also built a global presence through high-profile partnerships, including as the Official Crypto Partner of LaLiga and collaborations with world athletes.

However, Bitget cautions that trading digital assets carries significant risks due to price volatility.

The company urges investors to only commit funds they can afford to lose and to seek independent financial advice before engaging in the markets.