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Gate.io Has Added Moonriver(MOVR) Margin Trading&Lending
Gate.io Has Added Moonriver(MOVR) Margin Trading&Lending
2021-08-28 00:47:41 UTC
58018 Read
Gate.io has added Moonriver(MOVR) margin trading (MOVR/USDT), allowing up to 3X leverage.
At the same time, margin lendin g and borrowing of the coin are available. You can lend your MOVR 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 MOVR to short it or borrow USDT to long it. For holders, you can lend your MOVR 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.
Trade MOVR at https://www.gate.io/margin_trade/MOVR_USDT
Borrow MOVR at https://www.gate.io/margin/borrow/MOVR_USDT
Lend MOVR at https://www.gate.io/margin/lend/MOVR
Deposit MOVR at https://www.gate.io/myaccount/deposit/MOVR
About MOVR
Moonriver is a smart-contract blockchain on Kusama that strives to provide compatibility with the existing Ethereum developer toolchain and network. It is intended to be a companion network to Moonbeam, where it will provide a permanently incentivized canary network. New code will ship to Moonriver first, where it can be tested and verified under real economic conditions. Once proven, the same code will ship to Moonriver on Polkadot.It does this by providing a full EVM implementation, a Web3-compatible API, and bridges that connect Moonriver to existing Ethereum networks. This allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonriver with minimal changes.
Gate.io is a Cryptocurrency Trading Platform Since 2013
At the same time, margin lendin g and borrowing of the coin are available. You can lend your MOVR 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 MOVR to short it or borrow USDT to long it. For holders, you can lend your MOVR 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.
Trade MOVR at https://www.gate.io/margin_trade/MOVR_USDT
Borrow MOVR at https://www.gate.io/margin/borrow/MOVR_USDT
Lend MOVR at https://www.gate.io/margin/lend/MOVR
Deposit MOVR at https://www.gate.io/myaccount/deposit/MOVR
About MOVR
Moonriver is a smart-contract blockchain on Kusama that strives to provide compatibility with the existing Ethereum developer toolchain and network. It is intended to be a companion network to Moonbeam, where it will provide a permanently incentivized canary network. New code will ship to Moonriver first, where it can be tested and verified under real economic conditions. Once proven, the same code will ship to Moonriver on Polkadot.It does this by providing a full EVM implementation, a Web3-compatible API, and bridges that connect Moonriver to existing Ethereum networks. This allows developers to deploy existing Solidity smart contracts and DApp frontends to Moonriver with minimal changes.
Gate.io is a Cryptocurrency Trading Platform Since 2013
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Gate.io Team
Aug 28, 2021
