u/samdrma

I have some profits sitting in USDT and wanted to move part of it into macro stuff like gold or TSLA for a short swing trade.

The annoying part is the route. Off-ramp to bank, wait for the transfer, then deposit into a legacy broker. That makes sense for long-term portfolio money, but it feels clunky when the setup may only last a few days.

That pushed me to look at these hybrid crypto/TradFi products where you keep collateral in stables but trade markets outside normal crypto pairs. I tested BYDFi because it had USDT-settled gold and stock perps, which matched what I was trying to do.

The convenience is real, but it is not a clean win. The mobile interface felt crowded at first, and I care less about the headline feature than the actual execution: spreads, funding, slippage, and whether fills get ugly during volatile hours.

Avoiding the fiat off-ramp is useful, but not if the trade gets worse once you are in it.

Has anyone compared these crypto-based stock/gold perp setups against a real broker like IBKR during fast markets?