Crypto traders finally get gold — at all-time highs
The crypto industry took an alarmingly long time to allow retail traders to speculate on spot precious metals markets.
By the time many exchanges had listed gold and other monetary metals using traditional finance products like futures and contracts for difference (CFDs), a substantial portion of the gains from those commodities had already come and gone.
Undeterred, crypto exchanges opened up these markets for customers to buy 12-month highs and hope for even higher highs.
Indeed, after gold had rallied 70% and silver had rallied 155% over the prior 12 months, Binance decided to list traditional finance perpetual contracts for these assets.
BitGet waited that same length of time, allowing those same gains to pass,…
