Use Yield-Generating STBT as Trading Collateral
First of its kind product offering, powered by
What is STBT?
Backed by short-term US gov securities+cash
BIT Exchange is the first platform to accept it as trading collateral
Pegged equivalent value of 1 USD, with risk-free yield (~5%)
Earn the risk-free yield & capture trading opportunities with BIT Exchange
Total Supply
$110 Million+
7-Day APY
4.9%
Total Distributed Interest
$2.5 Million+
Holding 1 STBT
Holding $1.00 worth of U.S. Treasuries
Daily Interest
How to Get Started
This product is only available for Institutional Investors.
To leverage STBT as trading collateral, you must have a BIT and Matrixdock account that complies with the necessary KYC requirements.
Frequently Asked Questions
What kind of users can deposit/use STBT?
- Users who have passed KYC4 advanced certification on Matrixdock.
Why can’t I get the deposit address even though I have passed KYC4 certification?
- After passing KYC4 certification, please contact customer service to open the deposit address.
Can STBT be used as collateral? What is the haircut ratio?
- Yes. 2%. Please refer to the “Assets - Trading - Collateral” section in the App for details.
What other channels can I use to obtain STBT besides recharging?
- After passing KYC4 certification, users can purchase STBT through Convert.
How can I get the distribution airdrop after holding STBT?
- The issuer will automatically airdrop to the user’s account based on the number of STBT held by the user.
Why didn’t I get the airdrop after purchasing STBT through Convert?
- Although the user’s account has obtained STBT and can be used as collateral or traded, the funds of STBT have not been actually settled due to the third-party Convert service. After settlement with the supplier, users can receive the distribution airdrop normally. The settlement cycle is usually 1-3 days (usually 1 day).
Why didn’t I get the airdrop after purchasing STBT through Convert?
- Although the user’s account has obtained STBT and can be used as collateral or traded, the funds of STBT have not been actually settled due to the third-party Convert service. After settlement with the supplier, users can receive the distribution airdrop normally. The settlement cycle is usually 1-3 days (usually 1 day).