MGBX Launches TradFi Perpetuals With USDT Access to Stocks, Forex and Commodities

According to the company’s official statement, the new section offers 24/7 trading, up to 75x leverage, and a minimum entry threshold of 1 USDT across multiple traditional asset categories.

USDT

Summary

MGBX said it has launched a TradFi perpetuals section that allows users to trade perpetual futures (contracts without expiry) using USDT across global stocks, indexes, precious metals, energy and foreign exchange markets. According to the company’s statement, the product runs on a 7x24 schedule, offers leverage (borrowed exposure to amplify positions) of up to 75x, and sets a minimum entry of 1 USDT. The launch reflects a broader crypto-market trend of using stablecoin-based trading rails to access price exposure tied to traditional financial assets without directly holding the underlying instruments.

Terms & Concepts
  • Perpetual futures: Derivative contracts with no expiration date, allowing traders to keep positions open continuously while tracking an underlying asset’s price.
  • USDT: A U.S. dollar-pegged stablecoin designed to maintain a relatively stable value and commonly used as a trading and settlement asset in crypto markets.
  • Leverage: The use of borrowed capital to increase market exposure, which can magnify both gains and losses.