Bitget's TradFi platform surpasses $2 billion in daily trading volume, reflecting strong interest from crypto traders in traditional markets.
Bitget's TradFi platform has achieved a daily trading volume exceeding $2 billion, marking a significant milestone since its launch on January 5, as reported in a recent press release.
This surge in trading activity highlights the growing interest among cryptocurrency traders in accessing traditional financial markets, especially during periods of increased market volatility.
“In the last 72 hours, the most traded assets included gold (XAUUSD), the Dow Jones index (US30), the Nasdaq 100 index (NAS100), silver (XAGUSD), and the EUR/USD currency pair,” stated Bitget.
The Bitget TradFi platform enables users to trade various traditional assets through a unified interface, offering over 2 million on-chain tokens, tokenized stocks, indices, currencies, commodities, and precious metals.
Gold has consistently led in trading volume since the platform's inception, serving as both a safe-haven asset and an opportunity for traders to capitalize on short-term price fluctuations.
“Current market conditions have fostered a risk-off sentiment, prompting a capital influx into gold and silver. Oil prices are hovering around $60 per barrel, alleviating some immediate inflationary concerns. The market is also adjusting for potential supply disruptions and tighter financial conditions,” commented Ryan Lee, Chief Analyst at Bitget Research.
Lee indicated that on-chain data suggests a positive outlook, with decreasing exchange balances, stabilizing ETF inflows, and high liquidity in stablecoins, which he interprets as a sign of accumulation rather than widespread capitulation.
The introduction of Bitget TradFi supports the broader goal of establishing a universal exchange (UEX), which aims to facilitate global asset trading without geographical limitations.
“We are witnessing a fundamental shift in capital management as users increasingly prefer platforms with lower fees and simplified brokerage processes. Bitget's tokenized TradFi instruments are already among the most competitively priced globally,” noted Gracy Chen, CEO of Bitget.
Users can access Bitget TradFi by navigating to the designated section of the trading platform.
