Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Singapore, Singapore, Dec 13, 2021, Chainwire
Gate.io, one of the world’s leading cryptocurrency trading platforms, has announced plans to launch one of the world’s first cryptocurrency futures contract trading contests. The platform, established in 2013, has recently grown to become the world’s sixth-largest crypto futures trading platform, and to celebrate, it will be giving away $ 2 million in prizes during its next campaign.
“Gate.io has spent years building a comprehensive crypto trading platform. Although most users prefer spot trading, in recent months the popularity of our futures trading platform has exploded and as such we have focused on expanding our offerings and adding new features to the platform, “he said. Marie Tatibouet, Gate.io Marketing Director.
Gate.io perpetual contracts
Contract trading is a popular offering primarily due to the leverage amplification opportunities that allow access to quick profits. Building on the success of Gate.io’s spot and futures trading, the company launched Perpetual Contracts as part of its contract trading services.
Perpetual contracts allow users to trade futures contracts with higher leverage than most competing platforms, while offering relatively less risk. Gate.ioPerpetual contracts have a hedge fund of over 1000 BTC and offer different leverage trading options such as up to 100x leverage on Bitcoin and up to 20x leverage on hundreds of other popular cryptocurrencies such as ETH, EOS, LTC, and more. in both. long and short positions.
Since it was first offered three years ago, perpetual contracts on Gate.io have become one of the most popular business features offered on the platform. Perpetual contracts use an integrated, global cross-platform price indicator to determine the closing price of each asset, ensuring a fair market analysis with pinpoint precision. Additionally, there are several other advantages to trading perpetual contracts on Gate.io, including low trading fees, different trading pairs on offer, regular contract bonuses, and more.
USD 2 million and the first world contract negotiation championship
The Contract Trading Championship will initially begin on December 15, 2021. To give more users the opportunity to participate, the championship will begin with early registration. The Championship will have a dynamic prize pool of USD 2 million and will consist of group and individual competitions with NFT rewards and voting rewards. Contract users from all over the world can register through the official tournament website to easily qualify for the tournament.
Gate.io is a leading cryptocurrency exchange with more than 8 million users in 190 countries around the world. The exchange offers nearly 1,200 tokens in spot, margin, futures, and contract trading, plus DeFi products through HipoDeFi, escrow services through Wallet.io, investments through Gate Labs, and its dedicated GateChain platform. The company also offers a fully integrated suite of products, such as its Startup IEO platform, the NFT Magic Box marketplace, crypto loans, etc.
Head of Public Relations and Communication