The cryptocurrency exchange Bitget has transitioned its gold CFDs (XAUUSD) and the USD/offshore yuan (USDCNH) currency pair to a dynamic leverage model with a tiered margin system. The maximum leverage for gold has been increased to 800x, while for the currency pair it has reached 100x. These changes took effect on August 15, as detailed in a press release.

A CFD, or Contract for Difference, allows traders to profit from price movements without owning the underlying asset. On Bitget, this trading segment is accessible via the MetaTrader 5 platform.

Margin Calculation

The 800x leverage applies only to the initial 100,000 USDT of a trade. Beyond this amount, the margin requirements increase in tiers, with each rate applicable only to the portion of the position that falls within its range.

Margin tiers for XAUUSD are as follows:

  • up to 100,000 USDT — 0.125%;
  • up to 10 million USDT — 0.2%;
  • up to 20 million USDT — 1%;
  • up to 40 million USDT — 10%;
  • up to 100 million USDT — 20%;
  • over 100 million USDT — 50%.

For example, a gold position valued at 100,000 USDT would require an initial margin of 125 USDT, resulting in an effective leverage of 800x. In contrast, a position worth 1 million USDT would require a margin of 1,925 USDT: 125 USDT for the first 100,000 and 1,800 USDT for the remaining 900,000, leading to an actual leverage of approximately 520x.

For USDCNH, the starting margin is 1% for amounts up to 1 million USDT, increasing to 2% (up to 10 million USDT), 5% (up to 25 million USDT), 10% (up to 50 million USDT), and 20% for positions exceeding 50 million USDT.

“Traders today are increasingly active across multiple markets, making efficient capital use particularly crucial. Dynamic leverage offers users greater flexibility as positions grow while maintaining risk control mechanisms. This is especially relevant for markets like gold, where macroeconomic events can rapidly alter trading activity,” stated Gracy Chen, head of Bitget.

Reasons for Changing Conditions

Gold has emerged as the primary driver of Bitget's CFD segment, with daily trading volumes exceeding $8 billion, 95% of which can be attributed to XAUUSD. The revision of margin requirements coincided with the August rally in metals.

Previously, Bitget introduced new account modes and enhanced risk management in copy trading. These developments align with the universal exchange (UEX) model, which allows access to cryptocurrencies, stocks, commodities, and forex markets via a single account.

A comprehensive table of margin levels is available in the help center. Users can open an account in the CFD section on the Bitget website.

Chen also discussed the growth of the tokenized stock market and the new infrastructure for global markets in a previous interview with ForkLog.