Global online broker Axi has announced the introduction of fiat-settled crypto perpetual contracts, providing traders with a more transparent, secure, and efficient way to engage with the rapidly expanding crypto derivatives market.
In contrast to many platforms that require users to convert funds into stablecoins, Axi’s new perpetual contracts are settled directly in fiat currency. This approach reduces counterparty risk, removes hidden conversion charges, and gives traders greater visibility over account balances and trading performance.
“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.”
Responding to growing scrutiny from regulators and industry participants regarding transparency in crypto markets, Axi is aligning its new products with established financial safeguards. Through this move, the company aims to position itself as a responsible and regulated alternative to offshore exchanges.
Key features of Axi’s fiat-settled perps include:
- Clarity: No stablecoin conversions — account balances remain in fiat.
- Security: Trading with a platform with a regulated pedigree
- Competitive pricing: Taker fees from 0.035%, cheaper than Binance, Bybit, and OKX.
- Integration: Ability to trade crypto alongside forex, indices, and commodities in one account.
The Bigger Picture
For Axi, the launch reinforces its “everything in one platform” vision while addressing one of the most pressing challenges facing crypto markets: 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.
