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Gate Launches TradFi Web Platform After Successful Beta Phase

Gate ends beta and fully deploys its TradFi section across App and Web, recording over $20B in CFD trading volume and offering a $150,000 reward event.

GT

Summary

Gate announced the full Web launch of its TradFi section, integrating unified accounts, funds, and positions across App and Web platforms. The official rollout follows a beta phase, with CFD trading volume surpassing $20 billion and a single-day peak exceeding $5 billion. To mark the launch, Gate is running a $150,000 reward pool campaign from February 2 to 22.

Terms & Concepts
  • CFD (Contract for Difference): A financial derivative allowing traders to speculate on price movements of assets without owning them, settling the difference between opening and closing prices.
  • USDT (Tether): A stablecoin pegged to the U.S. dollar, often used as collateral or trading token in crypto platforms.
  • TradFi: Short for 'Traditional Finance', referring to conventional financial instruments and markets distinct from decentralized finance (DeFi).