Gate expands TradFi functions, covering gold, foreign exchange, and popular stocks

The cryptocurrency trading platform Gate is continuously expanding its TradFi features, offering users trading services for traditional financial asset contracts for difference (CFDs) that include gold, foreign exchange, indices, commodities, and some popular stocks. This feature marks Gate's further extension of its product system into the trading of traditional financial asset prices.

According to the introduction, Gate TradFi contracts use USDx as the margin and account display unit, pegged to USDT at a 1:1 ratio. Users can participate in trading after transferring USDT, without the need for additional exchanges or payment of fees. This product follows the trading rules of traditional financial markets, with fixed trading hours and a fixed leverage ratio for contracts, where foreign exchange, indices, and other varieties support up to 500 times leverage, and stock CFDs support up to 5 times leverage; the margin adopts a full position model, allowing for hedging calculations between long and short positions in the same trading pair, with a single transaction fee as low as $0.018.

On the system and risk control level, Gate TradFi provides trading services based on the MT5 system and employs a margin ratio risk control mechanism, which triggers a forced liquidation when the account margin ratio falls to 50% or below. In addition, Gate has launched a TradFi experience activity, offering users up to 110 USDT in experience rewards and up to 3,000 USDT in phased incentives.