The daily trading volume on Bitget's TradFi platform has exceeded $2 billion following the public launch of the service on January 5, according to a press release.
This figure reflects the demand from crypto traders for access to traditional financial markets amid heightened volatility.
“In the last 72 hours, the most traded instruments have been gold (XAUUSD), the Dow Jones index (US30), the Nasdaq 100 index (NAS100), silver (XAGUSD), and the EUR/USD currency pair,” commented Bitget.
Bitget TradFi allows trading of traditional assets through a single interface. The platform integrates over 2 million on-chain tokens, tokenized stocks, indices, currencies, commodities, and precious metals.
Gold has ranked first in trading volume since the launch, serving both as a safe-haven asset and a means to profit from short-term price movements.
“The news backdrop has triggered a risk-off sentiment in the markets, leading to a capital shift into gold and silver. Oil is trading near $60 per barrel, which is curbing short-term inflationary pressures. Markets are pricing in risks of supply disruptions and tightening financial conditions,” noted Ryan Lee, Chief Analyst at Bitget Research.
According to him, on-chain positioning remains supportive: exchange balances are decreasing, flows into ETFs are stabilizing, and liquidity in stablecoins is high. The analyst believes this indicates accumulation and the formation of a base for recovery, rather than mass capitulation.
The launch of Bitget TradFi aligns with the strategy for developing a universal exchange (UEX) — a single platform for trading global assets without geographical restrictions.
“There is a fundamental shift in capital management. Users are moving away from platforms with high fees and complex brokerage infrastructures towards simpler and more accessible solutions. Tokenized TradFi instruments on Bitget are already trading with some of the lowest fees in the world,” stated the exchange's CEO, Gracy Chen.
To start using Bitget TradFi, visit the relevant section of the trading platform.
Previously, ForkLog published an article on how the UEX concept unites the crypto market and traditional finance.