Bitget Launches USDT‑Margined TradFi CFDs for Forex, Gold and Commodities (Private Beta)

Published: 2025-12-23 11:22:46 |

Bitget has opened a private beta for "Bitget TradFi," enabling selected users to trade USDT‑margined CFDs across forex pairs, gold, commodities, indices and stock CFDs within the same account that holds crypto spot, futures and tokenized stocks. The feature removes the need for separate brokerage accounts, bank wires or currency conversions and integrates traditional financial (TradFi) products alongside crypto under Bitget’s Universal Exchange (UEX) strategy. Fees start as low as $0.09 per lot with VIP tiers receiving discounted conditions. Bitget highlights the large addressable market (BIS cites about $9.6 trillion daily FX turnover) and growing CFD broker revenues (estimated $5.6bn in 2025). The launch builds on Bitget’s prior success with USDT‑settled tokenized US stock futures (over $10bn cumulative volume) and is currently limited to selected users while Bitget evaluates performance and risk controls. CEO Gracy Chen framed the move as a unification of crypto, stocks, gold, forex and commodities into one capital‑efficient, 24/7 interface. Risk notices accompany the rollout, reminding users of digital asset volatility and advising independent financial advice.

Neutral

The announcement is strategically significant but unlikely to cause an immediate price move in major cryptocurrencies themselves. For USDT specifically (the coin most directly referenced), the launch increases utility demand as a margin and settlement currency across more asset classes, which is mildly positive over time. However, the rollout is a private beta limited to selected users while Bitget assesses performance and risk controls, which constrains short‑term adoption and impact. In the short term, expect neutral price reaction for USDT and broader crypto — traders may show interest in cross‑margin efficiencies and arbitrage opportunities, but material flows require wider public launch and volume growth. In the medium to long term, successful integration of TradFi CFDs with USDT settlement could increase USDT transaction volume and platform liquidity, supporting modestly bullish fundamentals for USDT use cases. Broader crypto market effects remain dependent on overall adoption, regulatory responses, and whether competitors scale similar offerings.