Recently studied Gate's TradFi, honestly, the transaction fees are ridiculously low.
In the past, buying gold or trading forex on certain traditional platforms, the fee plus spread would cause you to lose half your position before opening, which is still much lower than the fees for trading gold and silver contracts. Each contract opening and closing costs about 0.05%. But with Gate's TradFi trading: 🔹 Transaction fee: Trading one lot of gold costs only $6U! For contracts, that's opening 100 xau, with a $1 fluctuation resulting in a $100 profit or loss. Think about it—opening and closing a contract costs at least $500U, which is practically negligible, even for high-frequency trading. 🔹 Spread: Extremely narrow! They are connected to top-tier global liquidity, so the spread is very tight, making entry and exit very smooth, with no slippage. 🔹 No hidden costs: No messy platform fees or custody fees. Just exchange USDT for USDx to get started, with a 1:1 peg, eliminating currency conversion rate losses. In a nutshell: Using crypto trading costs to trade global assets is truly awesome. Brothers interested in gold, US stocks, or forex—hurry up and try TradFi. Saving on fees means more for a nice pork chop, right? #我在Gate广场过新年
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Recently studied Gate's TradFi, honestly, the transaction fees are ridiculously low.
In the past, buying gold or trading forex on certain traditional platforms, the fee plus spread would cause you to lose half your position before opening, which is still much lower than the fees for trading gold and silver contracts. Each contract opening and closing costs about 0.05%.
But with Gate's TradFi trading:
🔹 Transaction fee: Trading one lot of gold costs only $6U! For contracts, that's opening 100 xau, with a $1 fluctuation resulting in a $100 profit or loss. Think about it—opening and closing a contract costs at least $500U, which is practically negligible, even for high-frequency trading.
🔹 Spread: Extremely narrow! They are connected to top-tier global liquidity, so the spread is very tight, making entry and exit very smooth, with no slippage.
🔹 No hidden costs: No messy platform fees or custody fees. Just exchange USDT for USDx to get started, with a 1:1 peg, eliminating currency conversion rate losses.
In a nutshell: Using crypto trading costs to trade global assets is truly awesome. Brothers interested in gold, US stocks, or forex—hurry up and try TradFi. Saving on fees means more for a nice pork chop, right? #我在Gate广场过新年