One of VNDC’s biggest goals is to continuously expand the ecosystem in order to constantly diversify investment portfolios for customers. To achieve that, VNDC always listens and receives comments from community, based on that makes decisions to coordinate with relevant partners to introduce potential global products on our App.
Until now, in order to enable users to access international stock markets, VNDC has added the world’s hottest stocks to the list of assets that can be traded on VNDC Wallet. Now, besides more than 60 crypto digital assets, users have the opportunity to own the most popular stocks of the US market in VNDC (equivalent to VND) through a simple “Exchange” action on VNDC Wallet.
Current stocks listed on VNDC Wallet:
- Apple – AAPL
- Amazon – AMZN
- Facebook – FB
- Google – GOOGL
- Netflix – NFLX
- Tesla – TSLA
How to Buy/Sell stocks on VNDC Wallet
1. Buy Stocks
Step 1: On the main screen, scroll down to the Application section, select the Exchange button.
Step 2: The Exchange screen show up with 2 blocks:
- You pay (The amount you’re going to pay): Enter the amount you would like to spend to buy stocks. Press the Max button to exchange all existing VNDC balance.
- You get (The amount you get accordingly): Press the arrow pointing down to select one stock code. The system will calculate the number of stocks you own equal to the amount spent.
Note: You can enter the number of stocks you want to own in the box “You get” first, then the system will automatically fill the amount of VND you have to pay.
The system will simultaneously display the following information at the bottom of the Exchange screen:
- Current exchange rate: the stock’s exchange rate at the time of transaction, expressed in VNDC
- Minimum transaction: The minimum amount you must pay to exchange
- Maximum transaction: The maximum amount you must pay to redeem
- Available balance: Available VNDC balance in your VNDC Wallet
Step 3: Click Exchange to execute the transaction. Note: the rate will update continuously after 10 seconds, click Refresh to buy with the latest rate.
2. Sell Stocks
Step 1: On the main screen, scroll down to the Application section, select the Exchange button.
Step 2: The Exchange screen shows up with 2 blocks: “You get” and “You pay”. Click the 2-way arrow mark to exchange in the opposite direction: sell stocks – earn VNDC
Then select the stocks you want to sell. Enter the number of stocks you want to exchange, press the Max button to exchange all existing stocks.
Step 3: Press Exchange to execute the transaction. Note: the rate will update continuously after 10 seconds, click Refresh to buy with the latest rate.
To update the price fluctuations of stocks, please see the list of Markets right on App. Candlestick charts are updated by VNDC according to the exchange rate at FTX international trading platform:
