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Gate is expanding its traditional finance (TradFi) offerings to include gold, foreign exchange, and popular stocks
Svmuu News: The cryptocurrency exchange Gate continues to expand its TradFi capabilities, offering users CFD trading services for traditional financial assets, including gold, foreign exchange, indices, commodities, and select popular stocks. According to the announcement, Gate TradFi contracts use USDx as the margin and account display unit, which is pegged 1:1 to USDT. Users can begin trading immediately after transferring USDT, without the need for additional currency conversion or transaction fees. The product adheres to traditional financial market trading rules, featuring fixed trading hours and fixed leverage ratios. Forex and index contracts support up to 500x leverage, while stock CFDs support up to 5x leverage. Margin is managed using a full-margin model, allowing long and short positions in the same trading pair to be offset against each other, with transaction fees as low as $0.018 per trade. In terms of system and risk management, Gate TradFi provides trading services based on the MT5 platform and employs a margin ratio risk control mechanism. When an account’s margin ratio drops to 50% or below, a forced liquidation will be triggered.
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