Trading BTC alongside Gold, Silver, on a CEX is honestly a great innovation

[bettercrypto]

What I’ve noticed with centralized exchanges nowadays is that you can actually trade Gold in futures, as far as I know. But I haven't seen Silver listed on CEXs yet is it actually available?
To be honest, I’ve only seen Gold so far.

Its ticker symbol is XAUT, right? I never used to buy gold before, but now I can do it through exchanges that have it listed directly on their platforms. This means we can trade it whenever we want, at any time, though this was a good development and innovation for the cex platform that we often used here in the crypto space, isn't?

[0xredhot]

I do trade onchain gold, silver, copper, stocks perps (futures) on perpmate DEX, CEXes are usually slow at listing these.

[ZAINmalik75]

I have never invested into anything aside from real estate and crypto before, so I would probably not care, but I do understand if people would want this at all. I mean trading bitcoin and gold with each other doesn't sound like a bad thing to offer to people and makes sense. Not that I would use it, but remember that it would require a lot more than just legal groundwork to make this happen.

Legally speaking, if you are a place that offers gold then it means you have to have it, you can't just trade gold that doesn't exist, and you can't just deposit gold as users neither, hence this is not going to be easily do legally. Sure there could be some scam places who will do it, but that won't matter on the long run at all because they will all scam and go away.

You are right, it is not that easy to wake up in the middle of the night and even in the early morning, and buy gold just like that, physically. Because there are a lot of things when we are going gold that matters like it requires storage, verification and proper regulations to make it actually exist and to belong who claims. But in Bitcoin, we can easily buy and verify on the chain in no time.

That's why the idea of trading bitcoin for gold sounds appealing, it would work only with a transparent and trusted system behind it. Otherwise ,scammers are everywhere to take our money and we sometimes willingly give it to them.
It just requires more work, and we need to follow strict rules, but having gold and Btc is better than having only btc.

[Taskford]

I have never invested into anything aside from real estate and crypto before, so I would probably not care, but I do understand if people would want this at all. I mean trading bitcoin and gold with each other doesn't sound like a bad thing to offer to people and makes sense. Not that I would use it, but remember that it would require a lot more than just legal groundwork to make this happen.

Legally speaking, if you are a place that offers gold then it means you have to have it, you can't just trade gold that doesn't exist, and you can't just deposit gold as users neither, hence this is not going to be easily do legally. Sure there could be some scam places who will do it, but that won't matter on the long run at all because they will all scam and go away.

You are right, it is not that easy to wake up in the middle of the night and even in the early morning, and buy gold just like that, physically. Because there are a lot of things when we are going gold that matters like it requires storage, verification and proper regulations to make it actually exist and to belong who claims. But in Bitcoin, we can easily buy and verify on the chain in no time.

That's why the idea of trading bitcoin for gold sounds appealing, it would work only with a transparent and trusted system behind it. Otherwise ,scammers are everywhere to take our money and we sometimes willingly give it to them.
It just requires more work, and we need to follow strict rules, but having gold and Btc is better than having only btc.

But actually you don't need to go on those technical aspects on other thing that can make your investment looks hard, because actually same with Bitcoin you can start buying small grams then start your investment.

Actually there's nothing bad if they mix this two asset if we talk about investment. Since diversification is also important to avoid getting stock on more riskier situation. Gold is also a valuable asset to have since this is major asset which has been treated by majority people as their safe haven and could trust if there's crisis happening in the world. Having gold also gold is better since its smart move to be practical to choose multiple asset that has great potential that can give us good returns especially if we like to hold it for long years.

[Josefjix]

I do trade onchain gold, silver, copper, stocks perps (futures) on perpmate DEX, CEXes are usually slow at listing these.

How have you bought these, sometimes I often think buying gold and other stocks gives you the same feeling of trading on spot, does it different?

Trading these stocks onchain, does it mean it can be sent to one wallet address to another, I haven't bought stocks onchain before, is that how it works?

[JeffBrad12]

What I’ve noticed with centralized exchanges nowadays is that you can actually trade Gold in futures, as far as I know. But I haven't seen Silver listed on CEXs yet is it actually available?
To be honest, I’ve only seen Gold so far.

Its ticker symbol is XAUT, right? I never used to buy gold before, but now I can do it through exchanges that have it listed directly on their platforms. This means we can trade it whenever we want, at any time, though this was a good development and innovation for the cex platform that we often used here in the crypto space, isn't?

XAUT and PAXG is more of stablecoin, it got real reserve and every token is backed by real gold. Trading them is good and like trading real gold except in digitalized form and transferrable even to your self custody wallet.
What most exchange offers so far are perpetual market for gold through price exposure. You don't trade real gold but you trade the price. If there is RWA token like XAUT, it's more preferrable.

[Dechris_08]

Would love to hear people’s experiences.

The real edge of multi-asset platforms isn’t hedging.

It’s context.

Watching BTC move alongside DXY shifts, gold reacting to rate expectations, or FX repricing macro data in real time builds pattern recognition.

You start seeing liquidity flow instead of isolated charts.

But it only works if you actually understand macro structure. Otherwise it becomes overtrading across multiple markets instead of mastering one.

Access is a tool. Structure is the edge.

[0xredhot]

I do trade onchain gold, silver, copper, stocks perps (futures) on perpmate DEX, CEXes are usually slow at listing these.

How have you bought these, sometimes I often think buying gold and other stocks gives you the same feeling of trading on spot, does it different?

Trading these stocks onchain, does it mean it can be sent to one wallet address to another, I haven't bought stocks onchain before, is that how it works?

I am buying stocks trough perpmate, but it is usually perps and futures, not stock even tho I believe they will add stock spot options too, its more like active trading, I definetely have different feeling from trading perps stocks than spot, spot is buy and forget, futures buy and close in near term and make more money using leverage, as some stocks like SP100 are not that volatile as other stocks. So futures stocks cant be sent from wallet to a wallet, but I researched and XSTOCKS on solana can be sent to sol address and you can hold them as you hold Bitcoin in your crypto wallet.

[barbara44]

A place where you can buy/sell/hold stuff like bitcoin, a few crypto at least, gold, stocks, silver, and many other stuff like that, as a whole place, sounds great in theory.

However, people do not realize the fact that in order for a place to be legally doing that, it has to be huge and following the law and needs to be audited like crazy and SEC (or sec equivalence of any nation where this company is) needs to check it constantly. If a place is not like that, and not regulated, then they can steal from you and you will not be able to do anything about it.

[JeffBrad12]

A place where you can buy/sell/hold stuff like bitcoin, a few crypto at least, gold, stocks, silver, and many other stuff like that, as a whole place, sounds great in theory.

However, people do not realize the fact that in order for a place to be legally doing that, it has to be huge and following the law and needs to be audited like crazy and SEC (or sec equivalence of any nation where this company is) needs to check it constantly. If a place is not like that, and not regulated, then they can steal from you and you will not be able to do anything about it.

That's the catch that people don't really talk about. Trade tokenized asset with real reserve, other than that we're trading air with fake price.
The resource needed to make such unified platform with full legal compliance would be massive. If the company is not valued at billions and have their specialized legal team that take care of these, I doubt their market is even real.

[imthegreat]

An interesting feature with the correlation of gold and bitcoin:
Gold always grows ahead of Bitcoin:


Food for thought:
1) Early 2016: Gold is rising. Bitcoin began to grow after about five months, starting in June 2016 and continuing until the end of 2017.
The price increased from $600 to $20,000.
2) Gold began to grow in October 2018, bitcoin followed it about 3 months later, in early 2019, and growth continued until 2020 - until the COVID—19 pandemic abruptly extinguished both trends.
3) The same pattern was observed after COVID-19. Gold peaked before COVID-19 in May and continued to rise until the third quarter.
After the peak of gold in late August, bitcoin began a parabolic rise, from $10,000 to $69,000 over the next 14 months, peaking in November 2021.
Based on the current situation, their lag is decreasing. But in general, if this dependence continues, then Bitcoin should go into parabolic growth sometime in the 4th quarter.