Bitget Launches Cross-Market Trading for Crypto Users Including Forex and Gold

TLDR

Bitget TradFi enables crypto users to trade forex, gold, and CFDs with USDT as margin.
The platform offers up to 500x leverage on major FX pairs and commodities.
Bitget’s new feature simplifies capital flow between crypto and traditional markets.
TradFi operates under the regulation of the Financial Services Commission of Mauritius.

Bitget has launched the private beta of its new feature, Bitget TradFi, giving crypto users unprecedented access to global forex, commodities, gold, and stock CFDs. With USDT as margin, this cross-market integration enables seamless trading across digital and traditional assets on one platform. This innovation eliminates the need for separate broker accounts and currency conversions, making it easier for users to diversify their portfolios and tap into both crypto and traditional financial markets.

Bitget Launches TradFi to Expand Crypto Market Access

Bitget, a leading global Universal Exchange (UEX), has launched the private beta of Bitget TradFi, a cross-market feature designed to give crypto users direct access to traditional financial markets. This new functionality allows users to trade global forex, metals, commodities, stock CFDs, and indices on the same platform where they already manage their crypto assets. By integrating traditional financial instruments with crypto, Bitget aims to bridge the gap between digital and traditional finance, offering a seamless experience for its users.

The new feature enables users to leverage their USDT holdings as margin to trade across a range of products, from foreign exchange pairs to commodities like gold. This shift allows Bitget users to diversify their portfolios and take advantage of traditional financial markets while using digital currencies as collateral. The move is part of Bitget’s ongoing efforts to position itself as a key player in both the crypto and traditional finance sectors.

A Simple, Unified Trading Experience

With the launch of Bitget TradFi, users can now access traditional finance markets directly from the same interface they use for crypto trading, including spot, futures, and copy trading. The platform simplifies the trading process by enabling positions to be margined and settled in USDT, eliminating the need for separate broker accounts or complex currency conversions. This unified approach enhances the trading experience, making it easier for users to switch between digital and traditional markets without the usual hurdles.

Bitget’s integration of deep institutional liquidity and tight spreads ensures that users get competitive trading conditions across various asset classes. Leverage of up to 500x is available on major FX pairs and CFDs, allowing users to maximize their exposure to global markets. According to Bitget CEO Gracy Chen, this historic launch reflects the company’s vision of creating a “universal exchange” that merges wealth management tools under a single platform.

Bridging Crypto and Traditional Finance

The launch of Bitget TradFi is a significant step in bridging the divide between the world of crypto and traditional finance. Bitget has already demonstrated success with its tokenized stock futures, surpassing $10 billion in cumulative trading volume earlier this year. Building on this success, Bitget TradFi expands the scope of offerings to include not only stocks but also a wide range of global macro assets like forex and commodities.

The ability to trade traditional financial products in USDT enables users to move capital fluidly between crypto and traditional assets. This seamless transfer of funds is expected to drive demand among crypto traders seeking exposure to traditional markets like forex and commodities. The new feature positions Bitget as a unique platform that provides an integrated solution for users seeking diversified investment opportunities across both digital and conventional asset classes.

Regulatory Framework and Competitive Fees

Bitget TradFi operates under the regulatory oversight of the Financial Services Commission (FSC) of Mauritius, ensuring compliance with international standards. This regulatory framework provides users with confidence that the platform operates with the necessary protections in place. Additionally, Bitget offers a competitive fee structure, with rates starting as low as $0.09 per lot. VIP users are also able to access some of the most favorable trading conditions in the industry.

With its robust security and regulatory framework, combined with competitive pricing, Bitget TradFi is poised to attract a wide range of traders looking to tap into global markets from a single platform. The service promises to make traditional assets more accessible to crypto users and further solidify Bitget’s position as a leading exchange in both the digital and traditional finance spaces.

The post Bitget Launches Cross-Market Trading for Crypto Users Including Forex and Gold appeared first on CoinCentral.

Crypto Pulpit