WEEX Adds Gold, Oil, and Stocks to USDT Trading Platform
The crypto exchange is bridging traditional finance and crypto by allowing users to trade gold, oil, and stocks directly with USDT.
Crypto exchange WEEX is expanding its platform to include traditional financial assets. The new service, called WEEX TradFi, allows users to gain exposure to gold, silver, crude oil, global indices, and major stocks like Apple and Tesla using their existing USDT balances.
The service aims to remove the need for separate brokerage accounts or bank transfers. Since the products track price movements rather than conferring ownership of the underlying assets, traders can take positions on these markets using the same tools they use for crypto futures, such as stop losses and position sizing.
Unlike traditional stock or commodity exchanges that close for the weekend or holidays, the WEEX TradFi service is available 24 hours a day. This gives traders constant access to these markets regardless of standard banking hours.
WEEX is currently promoting the launch with a trading challenge. Users can earn trial funds by completing their first TradFi trade or reaching specific volume milestones. Those interested should check their local eligibility, as these products are not available in every region.
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