How to buy tokenized stocks on Base

Three things - most Base wallets already have them:

• >A wallet on Base. Base Account, Coinbase Wallet, MetaMask, Phantom, Rabby or any other.
• >USDC or ETH on Base. Buy USDC on an exchange and withdraw it to Base or bridge it in from another chain.
• >A little ETH for gas. A transaction on Base usually costs less than a cent.

One more: you cannot be in the US. Coinbase does not offer tokenized stocks to US persons and they are not available everywhere else either.

1. 1

   Step 1: Open Swap and connect

   Open the Swap tab and connect your wallet. Every wallet in your browser shows up by name; on a phone, use WalletConnect or your wallet's own browser. A wallet sitting on another network is asked to switch to Base when you swap.

   Open Swap on Base
2. 2

   Step 2: Pick what you pay and the stock

   In the sell box, pick USDC or ETH on Base and type an amount - $1 is the least you can buy. In the buy box, pick the stock: the most traded ones sit at the top of the list and the search finds the rest. The buy box shows about how much of the stock arrives, with the 1% fee already taken out.

3. 3

   Step 3: Swap and confirm once

   Press Swap. Base Account and other wallets that batch ask for a single confirmation. Other wallets first sign a free USDC permit, which saves a separate approval, then send one transaction; paying with ETH needs no signature at all. The stock lands in your wallet a few seconds later and your History tab lists the trade.

Every swap is quoted the moment you press the button and held to the stock's live Chainlink price. If the pool would pay more than 1.5% under it, the swap is refused instead of filled badly. Slippage is capped at 0.5%. Paying with ETH, the ETH is held to Chainlink's ETH price the same way.

A few stocks have no Chainlink price yet. They trade at their pool's own price and can be bought with USDC only. When your size would move that price a lot, the button asks you to press a second time before anything is sent.

If your dollars or ETH sit on Robinhood Chain, the same screen brings them over. Pick USDG or ETH on Robinhood Chain to sell and USDC or ETH on Base to buy: Relay carries it across, usually in seconds, for 0.75%. Then swap into the stock as above. Buying Robinhood's own stock tokens instead is its own guide: how to buy stock tokens on Robinhood Chain.

Selling is the same card turned around. Press the arrow between the two boxes, put the stock you hold on top and USDC or ETH underneath, then swap. A holding worth less than $0.05 cannot be sold and the fee is 1% of what you get.

To buy or sell several stocks in one go, your portfolio does it in a single transaction: the Buy side and the Sell side.

fee

1%, out of what you get

pay with

USDC or ETH on Base

minimum buy

$1

minimum sale

$0.05

price check

refused if more than 1.5% under Chainlink

slippage

0.5% at most

network fee

usually under a cent, in ETH

from robinhood chain

0.75% to bring money over

Tokenized stocks also trade on Aero and Aerodrome directly and through routers such as 0x, 1inch, KyberSwap and CoW Swap. Base's own page ↗ lists the apps that support them. The Swap tab routes through the deepest pool for each stock on Aero or Aerodrome and checks every quote against Chainlink before your wallet sees it.

A normal box for $0.10 or a premium box for $1 opens into a random slice of one of these stocks, valued at the live price when you open it. The odds are public and the stock is the same token you would buy. Projects also give boxes away in campaigns: how to get free tokenized stocks.