Gate.io Has Added GAL、GST Perpetual Contract

Ankündigungen Gate.io Has Added GAL、GST Perpetual Contract

2022-05-06 12:03:31 UTC 29910 Lesen

Gate.io has added GAL/USDT、GST/USDT perpetual contract trading (USDT margin), supporting up to 20X leverage.

Trade GAL/USDT perpetual contract at:
https://www.gate.io/futures_trade/USDT/GAL_USDT

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

About Project Galaxy(GAL)
Project Galaxy is the largest Web3 credential data network in the world. Built on open and collaborative infrastructure, Project Galaxy helps Web3 developers and projects leverage credential data to build better products and communities. At the same time, data curators are rewarded when credentials are used in Galaxy’s Application Modules, Credential Oracle Engine, and Credential API. The Application Modules include Galaxy OATs (On-chain Achievement Tokens), NFT loyalty programs, growth hacking campaigns, gated community, and customized governance. Developers can also utilize the Credential Oracle Engine and Credential API for enhanced customized use cases including credit scoring and Sybil attack prevention algorithms.

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

Trade GST/USDT perpetual contract at:
https://www.gate.io/futures_trade/USDT/GST_USDT

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

About Green Satoshi Token (GST)
Green Satoshi Token (GST) is a Solana token that powers STEPN, a Web3 lifestyle app that encourages users to “move-to-earn.” STEPN users with NFT sneakers can earn GST by walking or running outdoors, or by “renting” out their NFT sneakers to other users. GST can be used to pay for digital items and upgrades.

Learn more about GST/USDT perpetual contract specifications:
https://www.gate.io/futures_market_info/usdt/GST_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.

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Gate.io Team
May 6th, 2022

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