Gate.io Has Launched Horizen (ZEN) Perpetual Contract
Gate.io
has added ZEN/USDT perpetual contract trading (USDT margin),
supporting up to 20X leverage.
Trade ZEN/USDT perpetual
contract at: https://www.gate.io/futures_trade/USDT/ZEN_USDT
You
can also practice your skills at your demo account, risk free via:
https://www.gate.io/testnet/futures_trade/USDT/ZEN_USDT
About
Horizen (ZEN)
Horizen is a blockchain platform with cutting-edge privacy
protection technology. It is designed to provide privacy and safety
to everyone and give them full control to their own digital
activities.
Learn more about ZEN/USDT perpetual contract
specifications:
https://www.gate.io/futures_market_info/usdt/ZEN_USDT/market_info
About
Gate.io Perpetual Contract Market
Gate.io's perpetual
contract market is the most active market in the world, with a daily
volume up to 0.4 billion USDT. We have accumulated over 1000 BTC in
our insurance fund to cover losses due to liquidation. We offer up to
100X leverage for BTC and support high leverage of 20X or 50X for a
dozen of other assets, such as ETH，EOS，LTC，BCH，BSV
and more. We use composite indices from several exchanges to mark
liquidation, thus avoiding unnecessary liquidation. The futures
market has been running stably and significantly reduced investors’
risk.
Please note, perpetual contracts are of high leverage and
incur a high risk. Please trade within your financial capacity.
About Margin Currency Types in Gate.io Perpetual
Contract Market
Currently, there are two margin
currencies, BTC and USDT, in Gate.io perpetual contract markets.
Based on the margin currency, we group perpetual contracts into two
separate groups, USDTmargined perpetual Contracts and BTCmargined
Perpetual respectively. To trade any BTC margined perpetual contract,
you have to transfer in BTC to your BTC Perpetual Contracts Account
as margin, where PNL is also settled in BTC. To trade any USDT
margined perpetual contracts, you have to transfer in funds to your
USDT Perpetual Contracts Account, where PNL is also settled in USDT.
USDT margined perpetual, using a stablecoin as margin and currency to
settle Profit and Loss, they eliminate the volatility in return
caused by BTC price fluctuations, which are considered a better fit
to beginners.
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.
Gate.io Team
November 24, 2020
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