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Gate.io Has Added Velo(VELO) Margin Trading&Lending
Gate.io Has Added Velo(VELO) Margin Trading&Lending
2021-08-23 00:43:23 UTC
38581 Read
Gate.io has added Velo(VELO) margin trading (VELO/USDT), allowing up to 3X leverage.At the same time, margin lendin g and borrowing of the coin are available. You can lend your VELO 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 VELO to short it or borrow USDT to long it. For holders, you can lend your VELO 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 VELO at https://www.gate.io/margin_trade/VELO_USDT
Borrow VELO at https://www.gate.io/margin/borrow/VELO_USDT
Lend VELO at https://www.gate.io/margin/lend/VELO
Deposit VELO at https://www.gate.io/myaccount/deposit/VELO
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 VELO to short it or borrow USDT to long it. For holders, you can lend your VELO 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 VELO at https://www.gate.io/margin_trade/VELO_USDT
Borrow VELO at https://www.gate.io/margin/borrow/VELO_USDT
Lend VELO at https://www.gate.io/margin/lend/VELO
Deposit VELO at https://www.gate.io/myaccount/deposit/VELO
About VELO
Velo is a blockchain based financial protocol enabling digital credit issuance and borderless asset transfer for businesses using a smart contract .
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Gate.io Team
Aug 23, 2021
