Gate Expands TradFi Features, Covering Gold, Forex, and Popular Stocks

Odaily News: The cryptocurrency asset trading platform Gate continues to expand its TradFi features, opening up traditional financial asset CFD trading services to users, covering gold, forex, indices, commodities, and some popular stocks. This feature marks Gate's further extension of its product system into the realm of traditional financial asset price trading.

According to the introduction, Gate TradFi contracts use USDx as the margin and account display unit, which is pegged 1:1 to USDT. Users can participate in trading after transferring USDT, without the need for additional conversion or payment of fees. This product follows traditional financial market trading rules, with fixed trading hours and fixed leverage multiples for contracts. Among them, forex and indices support up to 500x leverage, while stock CFDs support up to 5x leverage. The margin adopts a cross-margin mode, allowing long and short positions of the same trading pair to be hedged against each other, with a single transaction fee as low as $0.018.

At the system and risk control level, Gate TradFi provides trading services based on the MT5 system and employs a margin ratio risk control mechanism. When the account margin ratio drops to 50% or below, forced liquidation will be triggered. Additionally, Gate has launched a TradFi experience campaign, offering users up to 110 USDT in experience rewards and up to 3,000 USDT in phased incentives.