Gate Launches Precious Metals Section, XAU and XAG Perpetual Futures Now Available for Trading 24/7
Summary
Digital asset trading platform Gate has officially launched its Precious Metals Section, introducing USDT-margined perpetual futures for XAU (Gold) and XAG (Silver), which support up to 50x leverage and continuous 24/7 trading starting January 14 at 09:00 (UTC).
This move brings traditional safe-haven assets onto the crypto derivatives framework, capitalizing on recent price appreciation in gold and silver. The perpetual index pricing references multiple comprehensive trading markets for stability and transparency, aligning with TradFi mechanisms while supporting high-frequency crypto trading requirements. The futures cater to various user scenarios, including macro hedging and cross-market arbitrage, allowing TradFi users to trade familiar assets and crypto traders to diversify their portfolios.
Gate leverages its experience in derivatives trading and risk management to expand its TradFi product portfolio, signaling a commitment to bridging traditional finance and crypto markets. The platform plans to further explore tokenization of other traditional assets like indices and commodities.
(Source:BeInCrypto)