Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Singapore, Singapore, 13th December, 2021, Chainwire
Gate.io, one of the world’s leading cryptocurrency trading platforms, has announced plans to launch one of the world’s first crypto futures contract trading contests. The platform, established in 2013, has recently grown to become the sixth largest crypto futures trading platform in the world, and to celebrate will be giving away USD 2 million in prizes during their upcoming campaign.
“Gate.io has spent years building a comprehensive crypto trading platform. Although most users prefer spot trading, over recent months the popularity of our futures trading platform has skyrocketed and as such we’ve focused on expanding our offerings while adding new features to the platform.” said Marie Tatibouet, Chief Marketing Officer at Gate.io.
Gate.io Perpetual Contracts
Contract trading is a popular offering mainly due to the leverage amplification opportunities which allows access to quick profits. Building on the success of Gate.io’s spot and futures trading, the company launched Perpetual Contracts as part of its contract trading services.
Perpetual Contracts allows users to trade futures contracts with higher leverage than most competing platforms, while offering relatively fewer risks. Gate.io’s Perpetual Contracts have an insurance fund of over 1,000 BTC and offers varying leverage trading options, such as up to 100x leverage on Bitcoin, and up to 20x leverage on hundreds of other popular cryptocurrencies such as ETH, EOS, LTC and more in both long and short positions.
Since first being offered three years ago, Perpetual Contracts on Gate.io have become one of the most popular trading features offered on the platform. Perpetual Contracts use a global, multi-platform integrated price indicator to determine the closing price of each asset, ensuring fair market…
