Gate.io Has Added LRC, JST Perpetual Contract

Ankündigungen Gate.io Has Added LRC, JST Perpetual Contract

2021-01-05 10:12:54 UTC 64937 Lesen

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

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

About LRC（Loopring）
LRC is an ERC20 token of Loopring.

About JST（Just）
The JUST Collateralized Debt Position (CDP) is a smart contract which runs on the TRON blockchain. It is a core component of the USDJ Stablecoin whose purpose is to create USDJ in exchange for collateral which it then holds in escrow until the borrowed USDJ is returned.

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

Learn more about JST/USDT perpetual contract specifications:
https://www.gate.io/futures_market_info/usdt/JST_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 an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support.

Gate.io Team
Jan 5 , 2021

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