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Announcements Gate.io Has Added Crypto.com Coin (CRO) Perpetual Contract
Gate.io Has Added Crypto.com Coin (CRO) Perpetual Contract
2021-11-19 02:40:35 UTC 31880 Read

Gate.io has added CRO/USDT perpetual contract trading (USDT margin), supporting up to 20X leverage.
Trade CRO/USDT perpetual contract at: https://www.gate.io/futures_trade/USDT/CRO_USDT

You can also practice your skills at your demo account, risk free via:
https://www.gate.io/testnet/futures_trade/USDT/CRO_USDT

About Crypto.com Coin (CRO)
To facilitate fast and secure transactions with cryptocurrencies, Crypto.com has launched Crypto.com Pay: a mobile crypto payment solution powered by the Crypto.com Coin.Crypto.com intends to create a frictionless onboarding experience for merchants as well as a financial institution for greater adoption. This is done by integrating 1-line of code from the Crypto.com Pay SDK.Once Crypto.com Pay is implemented onto a merchant’s online store, customers have the option to purchase products at checkout with their desired cryptocurrency seamlessly and securely, and collect cash back rewards funded by the network.Purchases will be made by opening Crypto.com App, clicking the Pay button, scanning a unique QR code on the online store, and selecting the desired cryptocurrency to be spent.

Learn more about CRO/USDT perpetual contract specifications:
https://www.gate.io/futures_market_info/usdt/CRO_USDT/market_info

About Gate.io Perpetual Contract Market
Gate.io's perpetual contract market is the most active market in the world, with a daily volume up to 0.4 billion USDT. We have accumulated over 1000 BTC in our insurance fund to cover losses due to liquidation. We offer up to 100X leverage for BTC and support high leverage of 20X or 50X for a dozen of other assets, such as ETH,EOS,LTC,BCH,BSV and more. We use composite indices from several exchanges to mark liquidation, thus avoiding unnecessary liquidation. The futures market has been running stably and significantly reduced investors’ risk.
Please note, perpetual contracts are of high leverage and incur a high risk. Please trade within your financial capacity.

About Margin Currency Types in Gate.io Perpetual Contract Market
Currently, there are two margin currencies, BTC and USDT, in Gate.io perpetual contract markets. Based on the margin currency, we group perpetual contracts into two separate groups, USDTmargined perpetual Contracts and BTCmargined Perpetual respectively. To trade any BTC margined perpetual contract, you have to transfer in BTC to your BTC Perpetual Contracts Account as margin, where PNL is also settled in BTC. To trade any USDT margined perpetual contracts, you have to transfer in funds to your USDT Perpetual Contracts Account, where PNL is also settled in USDT. USDT margined perpetual, using a stablecoin as margin and currency to settle Profit and Loss, they eliminate the volatility in return caused by BTC price fluctuations, which are considered a better fit to beginners.

Gate.io is a Cryptocurrency Trading Platform Since 2013


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Gate.io Team

Nov 19, 2021




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