Bitget, recognized as the world’s largest Universal Exchange (UEX), has officially launched a private beta for its new feature, Bitget TradFi. This innovative offering allows crypto users to access various financial markets, including global forex, metals, commodities, indices, and CFDs, with USDT as the margin currency. Currently, selected users are participating in the early-access testing phase of this feature.
The potential market for this feature is significant. The Bank for International Settlements reports that global foreign exchange turnover now averages around $9.6 trillion per day, a remarkable increase of nearly 30% compared to 2022. Furthermore, the market for OTC interest-rate and FX derivatives also amounts to trillions, building upon a staggering $700 trillion in notional outstanding. The retail trading trend in this sector is predominantly through Contracts for Difference (CFDs), with the global CFD broker market anticipated to grow from $5.6 billion in revenues in 2025 to nearly double by 2035. Bitget TradFi aims to capitalize on this growing demand by integrating it alongside existing digital asset functionalities.
TradFi allows users on Bitget to trade major forex pairs, gold, and other popular CFD products directly from the platform they are already accustomed to using for spot, futures, copy trading, and tokenized stocks. By using USDT for margined positions and settlements, users can avoid the complications of managing separate brokerage accounts and currency conversions. This feature leverages institutional-grade liquidity, offers tight spreads, and provides leverage of up to 500x, all regulated by the Financial Services Commission (FSC) of Mauritius. The competitive fee structure starts at just $0.09 per lot, with VIP users gaining access to some of the most favorable trading conditions in the industry.
Gracy Chen, the CEO of Bitget, emphasized the significance of this historical convergence in wealth management, stating, “Assets that were previously only available on certain niche markets are now on Bitget. This is what a universal exchange merging wealth management under one roof looks like, it’s now present-day finance.”
This development builds on Bitget’s existing success in bridging traditional finance (TradFi) and cryptocurrencies. Earlier this year, the platform’s tokenized U.S. stock futures saw a trading volume exceeding $10 billion, reflecting the ongoing demand for around-the-clock access to traditional financial instruments settled in USDT. Bitget TradFi takes this business model a step further, expanding from equity derivatives into the broader FX and CFD sectors, enabling users to transition fluidly between crypto assets, tokenized stocks, and macro market instruments within a single interface.
By transforming its platform into a gateway to both digital and traditional financial products, Bitget TradFi exemplifies the exchange’s broader strategy of making global markets more accessible and efficient.
Established in 2018, Bitget has grown to serve over 120 million users, providing access to a diverse array of assets, including millions of crypto tokens, tokenized stocks, ETFs, and various real-world assets. The platform is dedicated to enhancing trading strategies with advanced AI-powered tools and promoting interoperability across several blockchain networks, including Bitcoin, Ethereum, Solana, and BNB Chain. On the decentralized front, the Bitget Wallet is an everyday finance app designed to make cryptocurrencies easy and secure for everyday transactions.
Bitget continues to advocate for crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of LaLiga in Eastern, Southeast Asian, and Latin American markets. In line with its commitment to social impact, Bitget has collaborated with UNICEF to enhance blockchain education for over one million people by 2027, alongside being the exclusive cryptocurrency exchange partner of MotoGP™, enhancing its presence in the world of motorsports.
For additional information about Bitget and its offerings, users can visit the exchange’s official website.
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