Is there a new way to play perpetual contracts? Gate.io brings you Get new features

Gate.io perpetual contract is one of the most active-ethexc blockchain asset contract markets in the world, with a daily trading volume of up to 800 million US dollars. Insurance funds with more than 1,000 BTC automatically provide users with compensation for loss of positions, and provide 100 times leverage for BTC and 20-100 times leverage for dozens of popular digital assets such as ETH, EOS, LTC, BCH, BSV, etc. to go long and short.

In addition, the Gate.io perpetual contract adopts the global multi-platform comprehensive index price as the closing index, and there will be no needles in the market to cause users to liquidate their positions. The operation is stable and the risk of investors is reduced.

In order to provide contract users with a more flexible and convenient trading experience, on June 2, the Gate.io USDT perpetual contract launched the mixed margin loan function.

Huobi will launch USDT-based perpetual contracts of WOO, PHA, and RVN varieties at 14:00 tomorrow: According to the official announcement of Huobi Futures, Huobi Futures will launch USDT-based perpetual contracts of WOO, PHA, and RVN varieties on March 4, Singapore time , Start fund transfer at 11:00, open external transactions at 14:00, support 1x-75x multiples. Previously, Huobi USDT-margined perpetual contracts have covered 69 major varieties including BTC, ETH, SUSHI, UNI, etc.

It is reported that the newly launched WOO, PHA and RVN varieties USDT standard perpetual contracts are forward contracts, that is, stable currency contracts, using stable currency (USDT) as collateral assets, no delivery date, and the contract target is the spot USDT index of the corresponding digital assets , and it is settled every 8 hours, and the settlement time stamps are 0:00, 08:00, and 16:00 (GMT+8) respectively. The user's realized profits can be withdrawn immediately after settlement. [2021/3/3 18:12:16]

Gate.io Perpetual Contract USDT Real Offer Competition Maximum Profit 5150USDT: According to the official announcement, the winning results of the Gate.io Perpetual Contract USDT Real Offer Trading Winter Contest on November 14th and 15th have been announced, and the highest contract user rate of return in a single day 177.20%, the maximum profit is 5150.5792949095 USDT. During the event, trading profits exceeding 100USDT will automatically be eligible for the 1000GT Koi People Prize draw, and the top three users in a single day will enjoy double lucky draw qualifications. [2020/11/16 20:57:18]

Mixed margin function

Through the mixed margin function, users can mortgage the BTC in the spot account, borrow up to 100,000 USDT with 0 interest for contract transactions, and Gate.io will add more mainstream currencies as collateral in the future. Users do not need to sell their digital assets during the process, nor do they need to transfer funds to the contract account. The margin will be automatically deducted from the spot account, and the mixed margin loan cannot be transferred out.

58COIN perpetual contract large holders' positions broadcast at 20:00: As of 20:00, according to 58COIN official perpetual contract data, the large holders' positions are as follows:

In the BTC perpetual contract account, the average long position ratio is 18.92%, and the average short position ratio is 19.31%. The short position is temporarily leading, and the leading amount (net position amount) is 0.03 million BTC.

In the EOS perpetual contract account, the average long position ratio is 15.20%, and the average short position ratio is 19.34%. The short position is temporarily leading, and the leading amount (net position amount) is 3,111,800 EOS.

In the ETH perpetual contract account, the average long position ratio is 16.82%, and the average short position ratio is 18.04%. The short position is temporarily leading, and the leading amount (net position amount) is 9,100 ETH. [2020/6/13]

Hybrid margin borrowing is the conversion of the value of the collateral to resist the risk of contract liquidation. There is no actual loan, so there is no handling fee. However, when the pledge rate of the mixed margin loan exceeds the threshold, the liquidation of the mixed margin mortgage currency will occur, and it has nothing to do with the amount of trading margin in the contract account.

Therefore, users should ensure sufficient collateral for contract margin loans, and increase the number of collateral currencies in a timely manner when the pledge rate rises.

Gate.io perpetual contracts are divided into two types: "BTC-settled perpetual contracts" and "USDT-settled perpetual contracts". Previously, due to the currency restriction of the settlement currency, it caused many inconveniences such as increased exchange and time costs. With the launch of the mixed deposit function, users no longer have to worry about what the settlement currency is, because mainstream currencies can be used as deposits, and it also reduces exchange costs.

At present, the mixed margin function only supports web-side operations, and the App-side function will be updated in the future; and the mortgage currency currently only supports BTC, and Gate.io will add more supported mortgage currencies in the future.

How to participate in Gate.io perpetual contract trading (take btc as an example)

BTC/USD perpetual contract:

Web side:

https://gatecn.io/futures_trade/BTC/BTC_USD

App side: "Contract" column in the navigation bar at the bottom of the App - BTC settlement contract

BTC/USDT perpetual contract:

https://gatecn.io/futures_trade/USDT/BTC_USDT

App side: "Contract" column in the navigation bar at the bottom of the App - USDT settlement contract

Founded in 2013, Gate.io is a global TOP10 digital asset trading platform. As a security-focused exchange, Gate.io provides a 100% deposit audit certificate, and abides by the operating principles of no listing fees, no counterfeiting, and no trading volume. It has been legally registered in many countries around the world, and its operations include global Business, technology, wallet.io, blockchain research institute, customer service center and other departments aim to provide safe, reliable, authentic and transparent digital asset transaction services for 3 million+ users in 130 countries around the world.

Gate.io APP download address:

https://www.gatecn.io/mobileapp

Gate.io ecological product Block.Info asset tracking platform:

 https://block.info

Gate.io100% Guarantee Verification:

https://real-time-attest.trustexplorer.io/proof-of-reserves 

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