By Staff Writer
Axi launches fiat-settled crypto perpetual contracts, eliminating the need for stablecoin conversions.
The new product reduces counterparty risk and hidden costs, while improving transparency for traders.
Fees start from 0.035%, with crypto trading now fully integrated alongside forex, indices, and commodities.
Global trading broker Axi has rolled out a new product that could change how retail and professional traders access the crypto derivatives market. The broker has introduced fiat-settled crypto perpetual contracts, designed to provide a more transparent and secure alternative to the stablecoin-based systems common across many offshore exchanges.
Most crypto platforms require traders to first convert their funds into stablecoins before opening positions, often creating hidden costs and exposure to additional risks. Axi’s approach skips that step entirely, settling trades directly in fiat currencies. This means account balances remain clear, fees are straightforward and risk is easier to manage.
“Too many traders are forced to operate in opaque environments where the risks aren’t always clear,” said Stuart Cooke, Head of New Business at Axi. “By introducing fiat-settled perps, we’re breaking away from that model. Traders get the same exposure and flexibility of crypto derivatives but within a more transparent, regulated, and secure framework.”
The launch comes at a time when regulators are paying closer attention to the crypto derivatives industry, raising concerns about transparency, risk management and investor protection. By aligning its offering with the safeguards of traditional finance, Axi is positioning itself as a safer alternative to many offshore platforms.
Key features of the fiat-settled perps include:
Clarity: No need for stablecoin conversions, balances stay in fiat.
Competitive pricing: Taker fees start at 0.035%, lower than Binance, Bybit or OKX.
Integration: Seamless trading of crypto, forex, indices, and commodities in one account.
Security: Built on Axi’s regulated infrastructure and pedigree.
For Axi, this offering fits into the broker’s wider “everything in one platform” vision while directly addressing one of crypto’s biggest hurdles: investor trust.
“Transparency and fairness aren’t optional extras — they’re what will define the future of trading,” Cooke added. “Our role is to give traders the confidence that comes from knowing the rules of the game.”
The fiat-settled crypto perps are available immediately to eligible clients worldwide, giving traders another way to engage with crypto markets, this time with more security and peace of mind.
