Gate.io Has Added PancakeSwap (CAKE) Margin Trading&Lending
2021-02-24 01:23:31 UTC
Gate.io has added PancakeSwap (CAKE) margin trading (CAKE/USDT), allowing up to 3X leverage.
At the same time, margin lendin g and borrowing of the coin are available. You can lend your CAKE 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 CAKE to short it or borrow USDT to long it. For holders, you can lend your CAKE 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.
PancakeSwap is a decentralized exchange running on Binance Smart Chain, with lots of other features that let you earn and win tokens. It's fast, cheap, and anyone can use it.
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.