Bitget Opens Public Beta of TradFi Platform Using USDT for Traditional Assets

Seychelles-registered crypto exchange Bitget has entered the growing crossover between digital assets and traditional finance by launching a public beta phase of its TradFi trading platform, according to a recent company announcement. The platform allows users to trade assets such as gold, foreign exchange, and other traditional instruments using the stablecoin USDT, though access is currently limited to invited users.

Bitget said the initiative is part of its broader push toward what it describes as a "universal exchange" model, enabling users to move between crypto and traditional markets within a single ecosystem. "With Bitget TradFi, you can trade gold, foreign exchange and other traditional financial assets from one account using USDT," the company said in a message to users.

The TradFi offering is delivered through a standalone application focused on derivatives trading. Bitget said the platform supports leverage of up to 1:500, with all CFD instruments settled in US dollars while deposits are made in USDT. During trading, the system automatically converts between USDT and USD.

According to the exchange, the TradFi service does not support sub-accounts and can only be activated through a user's primary Bitget account. The setup indicates that the TradFi product is built around an integration of a widely used third-party trading system commonly employed in the retail FX and CFD market.

Bitget's move follows a broader industry trend in which crypto platforms are extending into traditional financial products. Earlier this year, rival exchange Bybit introduced limited-hours CFD equity trading on its own TradFi platform, reflecting increasing convergence between crypto-native infrastructure and conventional markets.