According to an announcement, the world’s leading trading company, Gate.io, launched Perpetual Contract Trading Simulation Area. This contract is among the world’s most active crypto-asset contract trading markets.
Gate.io is a well-known platform for trading across the globe. It does not charge fees for listing and introduce many quality projects. The company offers a 100% guarantee on instant deposit and withdrawal services to its users. The transaction of the digital currency is safe and secure.
The Perpetual contract of Gate.io has gone high in a trading volume of around 400 million with an insurance fund of over 1,000 BTC amount. It helps in providing compensation to the traders at the time of balance drop less than zero. According to the Perpetual Contract, the leverage on BTC will be 100X and other digital currencies like EOS, ETH, BCH, BSV, LTC, etc., the leverage will be between 20X to 100X. It is the choice of the user to opt for their desired cryptocurrency.
The close position is a term which is calculated by considering the price index of multiple platforms. It minimizes the risks of investors and helps in stabilizing the trades. According to the calculated close position, there are high risks with high leverage in contract trading. A user needs to understand the rules of trading and market risk, and then, invest with caution.
Gate.io Perpetual Contract Trading is currently focusing on two cryptos, i.e., BTC and USDT. It is essential to deposit BTC or USDT to involve in the contract trading of BTC or USDT. New traders are initiating in USDT Perpetual Contract as it removes the market volatilities.
Gate.io has already dealt with BTC Perpetual Contract trading and its simulation area. Now, users have an excellent opportunity to learn more about the USDT Perpetual contract trading simulation area. Currently, the company is testing stabilization in a new USDT Perpetual contract, and soon, it will enable it with real assets for the traders.