I recently shared my thoughts on TradFi with my community and the response was overwhelmingly positive. Many people pointed out that TradFi products are flexible and allow users to trade multiple asset classes within a single app which I honestly agree with.
After launching its TradFi platform, Bitget reported over $2B in trading volume within just a few days. Now Binance has entered the space as well, announcing the launch of its own TradFi products, starting with gold and silver perpetual contracts
Below is a comparison of the TradFi assets currently offered by both exchanges 👇
This makes me wonder: are we about to see more exchanges aggressively pushing into TradFi this year?
If so, could this become the next major battleground for centralized exchanges?
Linkback: https://www.forex.zone/general-cryptocurrency-discussion/32/will-tradfi-bring-traditional-investors-to-crypto-exchanges/4935/
