What are xStocks? What is the price of NVDA stock? How to buy NVDAX?

With the xStocks feature, users can directly use USDT to purchase stocks of companies listed on NASDAQ, breaking the limitations of geography, time, and capital thresholds. Each token (such as NVDAX representing Nvidia) is fully backed by real shares held by partner institutions, with the price synchronized to the real-time stock price on NASDAQ.

What is xStocks?

xStocks is a tokenized stock trading area launched by the Gate trading platform, which converts traditional stock assets into digital tokens through blockchain technology.

This allows investors to directly trade digital assets that are anchored to real stock prices using cryptocurrencies like USDT, without the need for traditional securities accounts.

The essence of xStocks is a financial derivative fully collateralized by real shares of stock, with each token corresponding to actual shares held by a custodian. For example, NVDAX represents NVIDIA, and AAPLX represents Apple.

Core Features of xStocks

xStocks has several outstanding features: one-to-one asset anchoring, each Token is fully backed by实体股票 held by partner institutions, ensuring the price is synchronized with real-time NASDAQ stock prices.

Secondly, there are ownership characteristics; holders enjoy the right to price benefits but do not have voting rights or direct dividends. The platform may issue alternative benefits in the form of tokens.

In addition, it adopts an on-chain verifiable design, built on the SPL/ERC-20 standards of Solana and Ethereum, supporting cross-chain transfers and wallet custody.

Finally, there is trading flexibility, supporting 24/7 trading, fractional trading (starting from a minimum of 0.0001), and settlement using crypto assets such as USDT.

Latest NVDA Stock Price and Market Performance

As of August 21, 2025, Nvidia (NVDA) closed at $174.98, with a daily decline of 0.24%.

NVIDIA's stock has shown volatility recently. It has fallen by 3.87% over the past 5 trading days and decreased by 1.62% for the entire month of August.

However, from a longer perspective, its year-to-date increase has still reached 30.30%, and the increase over the past 52 weeks is 36.17%.

market trading situation

On August 21, 2025, NVIDIA's trading volume was $24.394 billion, a decrease of 34.30% from the previous trading day, with a volume of 139 million shares.

Despite recent pullbacks, several institutions remain optimistic about NVDA. UBS maintained a "Buy" rating for Nvidia on August 21, with a target price set at 205 USD.

How to Buy NVDAX: A Detailed Step-by-Step Guide

The process of purchasing NVDAX is simple and intuitive, similar to trading other cryptocurrencies.

Preparation Work

First, register and verify your account: visit the Gate official website or App, register an account and complete identity verification (KYC).

Next, recharge USDT: Ensure that you have sufficient USDT assets in your Gate account as trading capital. Gate supports recharge of mainstream cryptocurrencies such as USDT, BTC, etc., which can be completed via on-chain transfers or third-party payment platforms.

Purchase NVDAX ###

The first step is to locate the trading zone: After logging into your Gate account, select the "xStocks" section in the top navigation bar to view all supported tokenized stock assets.

Next, select the trading pair: find the NVDAX/USDT trading pair in the list.

Then submit the order: enter the price and quantity (supporting fractional trading, such as 0.01 units), choose a limit order (specified price) or a market order (immediate execution).

Final confirmation of holdings: After the transaction, the NVDAX Token will be deposited into your spot account, allowing you to monitor profits and losses at any time.

sell and withdraw

When you need to exit a position, you can sell NVDAX in the xStocks area, and the process is similar to buying; just perform the reverse operation.

If you need to withdraw, it supports withdrawing tokens to your personal cryptocurrency wallet (such as Gate Wallet), achieving true self-custody of assets.

xStocks Advantages and Risk Analysis

xStocks provides investors with a new option beyond traditional stock investments, but it also comes with unique risk characteristics.

main advantages

The advantages of xStocks are mainly reflected in the following aspects: it enables global investment without geographical restrictions. Traditional stocks usually require a US account or fiat currency settlement, which limits the participation of non-US residents, while xStocks allows global users to invest using cryptocurrencies such as USDT.

Secondly, there is 24/7 trading, the stock market has trading time restrictions, while xStocks supports uninterrupted 24-hour trading, making it convenient for global users to operate flexibly.

There is also a low threshold, supporting fractional holdings. xStocks supports "fragmented" investments in stocks, allowing users to buy partial shares with small amounts of money, thus lowering the investment barrier.

In addition, it supports leveraged trading and bidirectional operations. xStocks offers up to 10x leverage, supporting both long and short positions, helping investors find opportunities in different market conditions.

Finally, there is a transparent blockchain asset backing, where all tokens are backed 100% by actual stock assets, and transaction records can be traced on the blockchain, ensuring transparency and security.

potential risks

It is important to note that xStocks investment also carries some risks: firstly, there is the risk of the platform and counterparty, as the safety of assets relies entirely on the reputation and operational status of the Gate platform and its partnered custodians.

Secondly, there is a difference in the nature of ownership. Holders do not enjoy the rights of traditional shareholders, such as direct access to dividends (which the platform may distribute in other forms) and voting rights in company decisions.

There is also a risk of liquidation due to leverage, and severe market fluctuations in contract trading may result in the margin going to zero.

Finally, there is regulatory uncertainty; tokenized stocks are an emerging field, and regulatory policies in various countries may be dynamically adjusted.

##Future Outlook

As of August 22, 2025, the Gate xStocks section is still expanding, adding new products such as QQQX (Nasdaq 100 Index ETF) and DFDVX (Tech Giants Portfolio ETF).

xStocks represents a new trend merging traditional finance with the crypto world. Whether for conservative investors hedging against crypto market volatility or traders seeking 24-hour long and short operations, a USDT account seamlessly connects cryptocurrencies, tech stocks, and index funds.