📚 TradFi Perpetuals for beginners in 60 seconds
What is TradFi❓
Traditional Finance — traditional financial markets.
They include, for example🤔💭
🥇 gold
🥈 silver
📈 indexes
🏢 stocks and other traditional assets.
On Binance TradFi Perpetuals allow you to trade the price movement of a certain traditional asset via a perpetual contract.
For example🤔💭
XAUUSDT
XAU = gold
USDT = margin/collateral
You don’t buy a physical gold bar.
You open a position on the contract price change.
📈 Long — betting on an increase.
📉 Short — betting on a decline.
⚠️ And leverage increases not only the potential profit, but also the potential loss.
That’s why TradFi# Perpetuals are primarily a trading instrument, not a way to “just buy gold”.
Understanding this difference is the first step.