A warrant is in many ways similar to a callable bull/bear contract, but a warrant does not have the mandatory call mechanism. When the underlying asset price movement is against it, the holder may still hold the warrant and sell it when the market is reversed.
What is a warrant? A warrant gives its holder the right, not obligation, to buy or sell its underlying asset at the specified price and date. Before the expiration date, the holder can sell or buy warrants freely in the market. When the warrant is expired, it will be auto-settled in “cash”(USDT is used currently) on Gate.io.
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.