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

Through the xStocks feature, users can directly purchase stocks of Nasdaq-listed companies using USDT, breaking the limitations of geography, time, and capital thresholds. Each Token (such as NVDAX representing Nvidia) is fully backed by real stocks held by partner institutions, with prices synchronized to real-time Nasdaq stock prices.

What is xStocks?

xStocks is a tokenized stock trading zone 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 the real stock prices using cryptocurrencies like USDT, without the need for traditional brokerage accounts.

The essence of xStocks is a financial derivative fully backed by physical stocks, with each token corresponding to actual stocks 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, with each token fully collateralized by real stocks held by cooperating institutions, ensuring that the price is synchronized with the real-time stock price on NASDAQ.

Secondly, there are ownership characteristics, where holders enjoy the right to price benefits, but do not possess 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 cryptocurrencies like USDT.

Latest Price and Market Performance of NVDA Stock

As of August 21, 2025, NVIDIA (NVDA) closed at 174.98 USD, a decrease of 0.24% for the day.

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

However, from a longer-term perspective, its increase since the beginning of the year 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% compared to 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 on Nvidia on August 21, setting the target price at $205.

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

The process of buying 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 enough USDT assets in your Gate account as trading capital. Gate supports deposits of mainstream cryptocurrencies such as USDT and BTC, which can be completed via on-chain transfers or third-party payment platforms.

purchase NVDAX

The first step is to locate the trading area: 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 position: After the transaction, NVDAX Token will be deposited into your spot account, where you can monitor your profits and losses at any time.

sell and withdraw

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

If you need to withdraw, you can withdraw tokens to your personal crypto wallet (such as Gate Wallet), achieving true asset self-custody.

xStocks Advantages and Risk Analysis

xStocks provides investors with a new option beyond traditional stock investments, but it also brings 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 U.S. account or fiat currency settlement, which limits participation for non-U.S. 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 limitations, while xStocks supports uninterrupted trading 24 hours a day, making it convenient for global users to operate flexibly.

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

In addition, it supports leveraged trading, two-way operations, and 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 endorsement, all tokens are 100% backed by actual stock assets, and transaction records can be traced on the blockchain, transparent and secure.

potential risks

It is important to note that there are also some risks associated with xStocks investments: firstly, there is the risk of the platform and counterparty, as the safety of assets completely relies on the credibility and operational status of the Gate platform and its partnered custodians.

Secondly, there are differences in the nature of ownership; holders do not enjoy the rights of traditional shareholders, such as the direct receipt of dividends (the platform may distribute them in other forms) and voting rights in company decisions.

There is also the risk of leveraged liquidation; severe market fluctuations in contract trading may lead to 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 continues to expand, with new products such as QQQX (Nasdaq 100 Index ETF) and DFDVX (Tech Giants Portfolio ETF) being added.

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