Investing in US Stocks from India: Using FTX

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What's the easiest way to Invest in US 🇺🇸Stocks from India 🇮🇳 at Least cost and INSTANT Speed? A thread 🧵 (1/5) #Investing #FTX #BNS

This route involves using crypto exchanges to buy the US stocks. 1: Open an account in an Indian crypto exchange & complete KYC (Ex: @bitbns) Link: shorturl.at/uCT56 2. Open an account with @FTX_Official (Link: shorturl.at/yBDE3) and complete Level 2 KYC (2/5) #FTT

3. Deposit INR into Bitbns and Purchase USDT. 4. Withdraw USDT from Bitbns to FTX using TRC-20 (Tron chain) 5. In FTX convert USDT to USD 6. Purchase any of the US-based stocks. (Note: Not all the US-listed shares are available) Read next few points very important! (3/5)

What are the fees & time taken for the process? - 0.25% on Bitbns - purchase of USDT - ₹7 for USDT withdrawal from Bitbns - 0.02-0.07% on sale of USDT on FTX - 0.02-0.07% on purchase of US Stock. Overall 0.27% to 0.32% of the Total Amount & ~10 minutes for the whole process

7. Are these actual stocks? - No. These are stock tokens.. backed by actual stock. You can contact @FTX_Official support to redeem the token for the Actual stock. 8. Who holds the stocks? - Custody Is held by CM-Equity (German stock corporation) Thanks for reading :)