Gate.io Has Launched XLM Perpetual Contract
Gate.io
has added XLM/USDT perpetual contract trading (USDT margin),
supporting up to 20X leverage.
Trade XLM/USDT perpetual
contract at: https://www.gate.io/futures_trade/USDT/XLM_USDT
You
can also practice your skills at your demo account, risk free via:
https://www.gate.io/testnet/futures_trade/USDT/XLM_USDT
About
XLM
Stellar is a platform that connects banks, payments, and people. Integrating all three to move money quickly, reliably, and at almost no cost
Learn
more about XLM/USDT perpetual contract
specifications:
https://www.gate.io/futures_market_info/usdt/XLM_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 25, 2020
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