Gate Further Expands TradFi Feature, Broadens Contract for Difference (CFD) Trading Scenarios of Traditional Financial Assets
Gate has expanded its TradFi feature to offer CFD trading on traditional assets like gold, forex, and equities.Summary
Gate, a major digital asset platform, has enhanced its TradFi feature to include Contracts for Difference (CFD) trading on traditional financial assets such as gold, foreign exchange, stock indices, commodities, and equities, moving beyond pure crypto trading. The feature uses USDx, an internal unit pegged 1:1 to USDT, as margin, with balances backed by USDT without manual conversion fees. Gate TradFi contracts adhere to traditional market conventions, featuring fixed trading sessions, fixed leverage levels (up to 500x for forex/indices, 5x for equities), and overnight financing fees. The system is powered by MT5, uses a cross-margin model, and employs a margin-ratio-based liquidation mechanism. This expansion aims to provide users with a unified platform for multi-asset trading and risk hedging, aligning product design with mature financial market rules.
(Source：BeInCrypto)