What Is METAX? How to Buy Meta Tokenized Stock on Bittime

METAX is tokenized stock which reflects the stock price of Meta Platforms (META), the parent company of Facebook, Instagram, and WhatsApp. 

As a digital asset, METAX allows investors to gain exposure to the performance of Meta stocks without the need to own shares directly through a traditional broker.

These tokens are backed 1:1 by physical Meta shares held by regulated custodian institutions such as Alpaca Securities LLC and InCore Bank AG, ensuring that each token in circulation represents a real asset.

With METAX, you can invest in Meta Platforms more flexibly, 24 hours a day, 7 days a week, with small capital.

Key Takeaways

• METAX is a digital representation of Meta Platforms (META) shares traded as a crypto token 24/7, backed 1:1 by physical shares held in a regulated custodian.

• This token is available on the Ethereum (ERC-20) and Solana (SPL) networks, issued by Backed Assets (JE) Limited, and can be purchased on various exchanges including Bittime.

• METAX's advantages over traditional stocks include 24/7 trading, fractional ownership (starting from IDR 10,000), and DeFi integration for staking or lending.

What is METAX?

METAX to IDR via Bittime Market

METAX is a tokenized tracker certificate issued by Backed Assets (JE) Limited and is available in the format ERC-20 (Ethereum) and SPL (Solana).

Each METAX token is designed to track the real-time price movements of Meta Platforms (META) shares on Nasdaq, using decentralized oracles like Chainlink and Pyth Network to maintain price accuracy.

METAX is part of the xStocks Alliance, a coalition that harmonizes standards for tokenized stocks, ensuring liquidity and interoperability across blockchains.

Gain exposure to Meta stocks with METAX and earn daily rewards of up to 5% APR. Register at Bittime Now, crypto trading is safe and reliable in Indonesia.

The Difference Between METAX and Regular Meta Stocks

The advantages of METAX on Bittime

Bittime is one of the exchanges in Indonesia that supports METAX trading and also offers a US Tokenized Stocks Flexible Staking feature that allows METAX holders to earn daily rewards of up to 7% APR without locking up assets. This feature provides additional returns beyond potential capital gains from Meta's rising stock price.

Assets supported in this program include several other global stock tokens with varying APRs.

Tabel Aset Tokenized Stocks Flexible Staking Bittime

*Subject to change at any time

Read Also:Buy US Stocks via Crypto, Get 7% Daily Rewards at Bittime

How to Buy METAX on Bittime

Here are the steps to buy METAX on Bittime:

1. Registration and Verification

Download the Bittime app or visit the website, register with your email or phone number, and complete the identity verification (KYC) process as required by the OJK.

2. Deposit Funds

Make a deposit in Rupiah (IDR) via bank transfer, virtual account, or other available payment methods.

3. Get METAX Token

Once the funds are in, search for METAX on the Bittime marketplace using the symbol "METAX".

4. Make a Purchase

Specify the amount of METAX you wish to purchase and execute the order. Be sure to check the price and transaction fees before confirming.

Start trading METAX/IDR with Bittime here!

5. Enable Flexible Staking (Optional)

To earn daily rewards of up to 5% APR, activate the Flexible Staking feature on your METAX.

Read Also:US Stock Tokenization: Hold Your Favorite US Stocks and Earn 7% Daily

Conclusion

METAX is an innovation that combines the advantages of traditional stocks with the flexibility of crypto assets.

With the support of regulated custodians and listing on leading exchanges like Bittime, METAX offers a safe and easy way to invest in Meta Platforms.

Bittime's Flexible Staking feature provides added value in the form of daily rewards, making METAX an attractive option for investors seeking exposure to global stocks while simultaneously generating passive returns.

Interested in investing in global stocks? Check out tokenized stocks like AAPLX and TSLAX on the Bittime market.

Bittime is a licensed and regulated Digital Financial Asset Trader (PAKD) supervised by Indonesia’s Financial Services Authority (OJK) — where you can buy Bitcoin in Indonesia and hundreds of other crypto assets starting from just Rp10,000. The registration process is fast, secure, and you can get started today.

Track USDT to IDR conversions and monitor your favorite crypto assets in real time. Everything is available in one crypto investment app that you can download for free on the Play Store

Ready to start? Register now on Bittime and execute your investment strategy with a platform trusted by millions of users in Indonesia.

FAQ

What is METAX?

METAX is a tokenized stock that mirrors the stock price of Meta Platforms (META) and is traded as a crypto token 24/7.

What is the difference between METAX and regular Meta stocks?

METAX trades 24/7, can be purchased fractionally, and has no voting rights, while regular Meta shares only trade during trading hours and carry voting rights.

Is METAX backed by real stocks?

Yes, each METAX token is backed 1:1 by Meta Platforms shares held in a regulated custodian.

Where can I buy METAX?

METAX is available on various exchanges including Bittime, MEXC, Gate.io, and Phemex.

What are the advantages of buying METAX on Bittime?

In addition to 24/7 trading, Bittime offers Flexible Staking for METAX with daily rewards of up to 5% APR.

Is METAX safe?

METAX is issued by Backed Assets (JE) Limited with shares held in a regulated custodian, providing additional security.

What is the minimum purchase of METAX?

METAX can be purchased fractionally, allowing for investments with small capital.

Can METAX be used in DeFi?

Yes, METAX can be used as collateral for loans, liquidity providers, and various other DeFi applications.