Bitget Launches Gold, Forex and Commodities Markets for Crypto Users
Summary
Bitget, a Universal Exchange (UEX), announced the private beta launch of Bitget TradFi, a new cross-market feature enabling crypto users to directly access global forex, metals, commodities, indices, and stock CFDs using USDT as margin. This move targets the vast traditional finance market, including the rapidly growing CFD sector, by integrating these assets onto the same platform used for crypto trading.
Bitget TradFi allows existing users to trade major FX pairs and mainstream CFD products from the familiar interface used for spot, futures, and copy trading. All positions are margined and settled in USDT, eliminating the need for separate broker accounts or currency conversions. The product offers deep institutional liquidity, tight spreads, and leverage up to 500x, operating under regulation from the Financial Services Commission (FSC) of Mauritius, with competitive fee structures.
Gracy Chen, CEO of Bitget, stated this launch historic, merging crypto, stocks, gold, forex, and commodities under one system to create a universal exchange for wealth management. This initiative builds upon the success of Bitget's tokenized stock futures and advances the UEX strategy by making global markets more accessible and capital-efficient.
(Source:BeInCrypto)