Gate.io Has Added Tokenlon (LON) Margin Trading&Lending
has added Tokenlon (LON) margin trading (LON/USDT), allowing up to 3X
At the same time, margin lending and borrowing of the coin are available. You can lend your LON to earn passive income (3.65%-365% APR).
Margin trading allow long and short positions and can facilitate price discovery as well as forming a more stable market. As a trader, you can borrow LON to short it or borrow USDT to long it. For holders, you can lend your LON to margin traders to earn interest on your holdings.
The Gate.io lending market is a peer to peer market where all the loans and borrowings are made between users. Gate.io does not participate in lending or borrowing.
Trade LON at https://www.gate.io/margin_trade/LON_USDT
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December 23, 2020
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