What is Dollarparking?
What is Dollarparking?
Dollarparking is a service for trading US stock tokens with USDT or USDC from your personal wallet.
You can use the USDT or USDC in your wallet to buy and sell tokens that track the prices of US stocks, ETFs, and US Treasury funds.
Why use Dollarparking?
Six features of Dollarparking
1. You do not need a separate token for network fees
When using a token trading service such as Uniswap directly, you need to check the network, token address, trading route, price difference, and fees yourself.
You may also need to prepare a network token to pay network fees in addition to the asset you want to trade. For example, on the Ethereum network, holding USDT alone is not enough because you may also need ETH to pay the network fee.
Dollarparking brings these steps together on one screen. It lets you trade stock tokens using only the USDT or USDC in your wallet.
2. A trade completes only at the price you requested
On other token trading services, the price or available quantity may change while an order is being processed, resulting in different terms from those first shown.
Dollarparking uses AI to compare available prices, quantities, and fees before presenting the trading terms. A trade completes only while the price and quantity you confirmed remain available. If the terms change, the order expires instead of completing at a different price.
3. Your assets stay in your personal wallet
Dollarparking does not hold your assets in a company account or wallet.
Your USDT, USDC, and stock tokens remain in the personal wallet you manage before and after each trade. Every trade requires you to check the asset and quantity in MetaMask and approve it yourself.
Dollarparking cannot move or withdraw your assets without your approval.
4. You can review trading costs and actual results together
Dollarparking shows more than price movements. It includes the fees incurred during trading so you can review the actual result of each trade.
Before trading, you can check the estimated fee and the final quantity you will receive.
5. You can manage different dollar assets in one place
Without searching through multiple services, you can view and trade US stock, ETF, and US Treasury fund tokens from verified global issuers on one screen.
Dollarparking currently supports more than 72 dollar assets.
6. Some products are available at night and on weekends
You can request trades for some stock tokens after regular US market hours or on weekends.
When the US stock market is closed, the available quantity may be limited and price differences may be wider. An order may also expire depending on the available terms.
Dollarparking does not issue new assets.
Dollarparking reduces the complexity of existing token trading and helps you review the terms before trading dollar assets from your own wallet.