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I just saw that Gate has already upgraded TradFi when I was using @Gate_zh
Currently, there are three main types of trading: CFD contracts, perpetual contracts, and spot trading.
Everyone is familiar with perpetual and spot trading, so let me give everyone a brief introduction to CFD.
CFD (Contract for Difference) is a leveraged contract that does not require buying the underlying asset, only trading the price movements.
What is the fundamental difference between it and perpetual contracts? CFD is more common on traditional financial platforms, such as stocks, forex, indices, gold, and crude oil. Perpetual contracts are more common on our crypto exchanges, like BTCUSDT perpetual and ETHUSDT perpetual.
What does this mean? It means you can trade traditional assets and digital currencies with leverage on Gate at the same time, making it more convenient for all traders—one-stop trading. But overall, leveraged trading carries risks, so I hope everyone trades rationally.