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Announcements Gate.io Has Added Voyager Token(VGX) Perpetual Contract
Gate.io Has Added Voyager Token(VGX) Perpetual Contract
2022-11-18 09:42:39 UTC 20122 Read
Gate.io has added VGX/USDT perpetual contract trading (USDT margin), supporting up to 20X leverage.

Trade VGX/USDT perpetual contract at: https://www.gate.io/futures_trade/USDT/VGX_USDT

About Voyager Token(VGX)
The Voyager Token (VGX) is the native utility token designed to reward Voyager customers for their loyalty, for holding VGX in their Voyager accounts and to motivate community members for their participation in the multifaceted rewards functions of VGX.

Learn more about VGX/USDT perpetual contract specifications:
https://www.gate.io/futures_market_info/usdt/VGX_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 is considered a better fit for beginners.

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Reach out to us!
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Gate.io Team
November 18th, 2022

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