Websea has launched gold and silver CFD contracts with up to 500x leverage

In comparison, according to the Websea platform, Gold XAU and Silver XAG CFD contracts were launched on August 11, both of which support up to 500x leverage.

Among them, XAU and XAG correspond to international gold and silver trading codes respectively. Users can participate in precious metal price fluctuations through USDT-denominated CFD contracts without actually holding the underlying asset.

Websea said it will continue to expand more CFD trading varieties in the future in line with market demand, liquidity and risk assessments. The relevant contract parameters will be adjusted dynamically according to the market risk situation, subject to the platform announcement.

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