Binance launches TradFi perpetual contracts, supporting traditional assets such as gold and silver. According to Binance announcement, the platform
#加密市场反弹 Officially launched TradFi (Traditional Finance) Perpetual contracts, the first batch includes gold (XAUUSDT) and white Silver (XAGUSDT), users can use USDT Settlement, leverage usage for 24/7 trading of traditional assets, No actual holding of the underlying asset required. This product uses index pricing and smooth mark price mechanism to ensure non-trading periods Price stability within the segment, with continued expansion of contract types Class. 🎁🎁点击领取更多奖励🎁🎁🎁
Gold maintains its value because it is a precious metal that remains highly sought after. Everyone, from the lower to the upper middle classes, turns to gold for investment, and in some countries, gold serves as a foreign exchange reserve.