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Gate.io Has Added Render(RNDR) Margin Trading&Lending
2021-03-19 07:41:41 UTC
Gate.io has added Render(RNDR) margin trading (RNDR/USDT), allowing up to 3X leverage.
At the same time, margin lendin g and borrowing of the coin are available. You can lend your RNDR 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 RNDR to short it or borrow USDT to long it. For holders, you can lend your RNDR 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.
The Render Network is designed to connect users looking to perform render jobs with people who have idle GPUs to process the renders. Owners would connect their GPUs to the Render Network in order to receive and complete rendering jobs using OctaneRender. Users would send RNDR to the individual performing the render work and OTOY would receive a small percentage of RNDR for facilitating the transaction and running the Render Network.
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.