Bitget launches platform for gold, forex, metals, and commodities markets trading

Source Cryptopolitan

In this post:

  • Bitget has launched its private beta for the Bitget TradFi platform.
  • The exchange stated that the product aims to give crypto users direct access to gold, forex, metals, commodities, indices, and stock CFDs.
  • The platform will also allow users to trade the markets using USDT as margin, with rates starting from as low as $0.09 per lot.

Bitget has launched its private beta for Bitget TradFi on Thursday. The new cross-market feature aims to give crypto users direct access to gold, forex, metals, commodities, indices, and stock CFDs.

The exchange stated that the feature allows crypto users to trade the selected markets using USDT as margin. Bitget also revealed that selected users are now able to test the new feature with limited early-access capabilities.

Bitget seeks to leverage the growing addressable market

The world’s largest Universal Exchange (UEX) acknowledged that it wants to leverage the vast addressable market. The Bank of International Settlements reported that global FX turnover has reached approximately $9.6 trillion per day. Global FX turnover has surged nearly 30% since 2022.

The data also revealed that OTC interest-rate and FX derivatives trade in the trillions daily and sit on top of more than $700 trillion in notional outstanding. The financial institution noted that retail access to the activity is increasingly delivered via CFDs.

The global CFD broker market is also expected to garner around $5.6 billion in revenue this year. It is also projected to almost double by 2035. The exchange said Bitget TradFi positions it to tap into the growing sector by bringing it onto the same rails as digital assets.

Bitget’s TradFi will allow existing users to trade major FX pairs, gold, and other mainstream CFD products from the same platform they already use for spot, futures, copy trading, and tokenized stocks. The exchange also said that settling all positions in USDT helps remove the need for separate broker accounts, local bank wires, or currency conversions.

“The shift in wealth management is happening now, assets that were previously only available on certain niche markets are now on Bitget. This is historic; crypto, stocks, gold, forex, and commodities now coexist under a single system.”

–Gracy Chen, CEO of Bitget.

The new feature combines deep institutional liquidity, tight spreads, and leverage of up to 500x. The product also operates within a framework regulated by the Financial Services Commission (FSC) of Mauritius.

Bitget sets a highly competitive fee structure on TradFi

Bitget said it designed the platform’s fee structure to be highly competitive. The platform’s rates start from as low as $0.09 per lot. The firm also maintained that VIP users will get to enjoy some of the industry’s most favorable trading conditions.

The exchange acknowledged that the launch builds on Bitget’s strong track record in bridging TradFi and crypto. Chen also added that the initiative showed what a universal exchange merging wealth management under a roof looks like.

Bitget’s TradFi tokenized U.S. stock futures surpassed $10 billion in cumulative trading volume earlier this year. The firm argued the growth reflects sustained demand for 24/7, USDT-settled exposure to traditional assets.

The exchange said the platform extends its model from equity derivatives into the broader FX and CFD universe. Bitget believes that the initiative will enable users to move capital seamlessly between cryptocurrencies, tokenized stocks, and macro markets within a single interface. The firm added that the initiative advances its UEX strategy of making global markets more accessible, capital efficient, and borderless for people everywhere.

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