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Gate.io Will Reopen LUNA Perpetual Contract
Gate.io Will Reopen LUNA Perpetual Contract
2022-05-28 11:10:29 UTC
138009 Read
Gate.io will start LUNA/USDT perpetual contract trading (USDT margin), supporting up to 20X leverage. The new Luna token Luna 2.0 (ticker LUNA)’s spot price on Gate.io will be referred to at the beginning. As Luna 2.0 (LUNA) prices become less volatile at more exchanges later, these exchange’s Luna 2.0 (LUNA) prices will also be included in the mark price calculations.
Trade LUNA/USDT perpetual contract via: https://www.Gate.io/futures_trade/USDT/LUNA_USDT
You can also practice your skills at your demo account, risk free via:
https://www.Gate.io/testnet/futures_trade/USDT/LUNA_USDT
About LUNA 2.0
The Terra protocol is a decentralized and open-source public blockchain protocol. Luna is the Terra protocol’s native staking token used for governance and mining.
Users stake Luna to validators who record and verify transactions on the blockchain in exchange for rewards from transaction fees.
website https://www.terra.money
Learn more about LUNA/USDT perpetual contract specifications:
https://www.Gate.io/futures_market_info/usdt/LUNA_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
Top ranking, Trustworthy, Transparent
Sign up to enter the crypto gateway and get 40% commission from referrals Download iOS/Android App right now.
Follow us on social
Twitter: https://twitter.com/gate_io
Telegram：https://t.me/gateio
Instagram：https://www.instagram.com/gateioglobal
Medium：https://medium.com/@gateio
Gate.io Team
May 28, 2022
Trade LUNA/USDT perpetual contract via: https://www.Gate.io/futures_trade/USDT/LUNA_USDT
You can also practice your skills at your demo account, risk free via:
https://www.Gate.io/testnet/futures_trade/USDT/LUNA_USDT
About LUNA 2.0
The Terra protocol is a decentralized and open-source public blockchain protocol. Luna is the Terra protocol’s native staking token used for governance and mining.
Users stake Luna to validators who record and verify transactions on the blockchain in exchange for rewards from transaction fees.
website https://www.terra.money
Learn more about LUNA/USDT perpetual contract specifications:
https://www.Gate.io/futures_market_info/usdt/LUNA_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
Top ranking, Trustworthy, Transparent
Sign up to enter the crypto gateway and get 40% commission from referrals Download iOS/Android App right now.
Follow us on social
Twitter: https://twitter.com/gate_io
Telegram：https://t.me/gateio
Instagram：https://www.instagram.com/gateioglobal
Medium：https://medium.com/@gateio
Gate.io Team
May 28, 2022
