Let me share some experience using Gate @Gate’s CFD contracts. Many people overcomplicate this product, but it’s essentially a tool for “price speculation.”

If you think gold will rise, go long; if you think an exchange rate will fall, go short—all settled in USDT.
Before macro data was released recently, I had a relatively large spot position and was worried that the broader market would be dragged down by U.S. stocks that night, so I opened a short position on the Nasdaq Index in Gate’s CFD section as a hedge. The index did fall that night, and my CFD profits just offset the unrealized losses on my spot holdings. That was a real-life example of how I use CFDs.
It supports two-way trading and offers an extremely wide range of instruments, covering nearly 300 global assets. If, like me, most of your assets are on Gate, using USDT to trade gold or U.S. stocks across markets is highly efficient.