Gate.io has added Mobox(MBOX) margin trading (MBOX/USDT), allowing up to 3X leverage.
At the same time, margin lendin g and borrowing of the coin are available. You can lend your MBOX 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 MBOX to short it or borrow USDT to long it. For holders, you can lend your MBOX 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 MBOX at https://www.gate.io/margin_trade/MBOX_USDT
Borrow MBOX at https://www.gate.io/margin/borrow/MBOX_USDT
Lend MBOX at https://www.gate.io/margin/lend/MBOX
Deposit MBOX at https://www.gate.io/myaccount/deposit/MBOX
MOBOX is a community-driven GameFi platform empowering users by rewarding them for their engagement and enjoyment. By using innovative tokenomics (MBOX allocation), utilizing finance and games. Whilst also combining the best of DeFi and NFTs to create a truly unique and everlasting FREE TO PLAY, PLAY TO EARN ECO.
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Aug 20, 2021