Gate.io Includes Perpetual Contract Trading Volume in VIP Schemes and Enables USDT Settlement

Gate.io
2 min readOct 28, 2019

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#Gate.io Perpetual Contract

Gate.io Perpetual Contract is one of the most active crypto-asset contract trading markets in the world. The highest daily trading volume of Gate.io Perpetual Contract has gone as high as 400 million, with an amount of over 1,000 BTC insurance fund to compensate users when traders’ balance drops down to less than zero. Gate.io Perpetual Contract provides 100X leverage for BTC, and 20–100X leverage for other major cryptocurrencies such as ETH, EOS, LTC, BCH, BSV for users to go either long or short. The close position is calculated based on the price index from multiple platforms, which helps the trading feature run stably and reduce investors’ risks. However, contract trading involves higher risks with high leverage, hence, users should understand the trading rules and be aware of the market risk, and place investments cautiously.

Perpetual Contract Trading (Web): https://www.gateio.co/futures_trade/BTC_USD
Mobile app users please go to “Contracts”. Download app at: https://www.gateio.co/mobileapp

Trading Fees:
Taker: 0.075%, where 0.025% of which will be paid to maker.
Maker: -0.025%, the trading fees will be returned to the account immediately after the trade.

#Gate.io Includes Perpetual Contract Trading Volume in VIP Scheme

The trading volume of perpetual contract is now included in the VIP upgrade trading volume requirements. To eliminate the trading fee difference between regular markets and futures markets, the contract trading volume will be multiplied by 0.4 before adding to the total trading volume for VIP upgrades (see Gate.io VIP Schemes).

#Gate.io Enables USDT in Perpetual Contract Trading

Currently, the interests of Gate.io Perpetual Contract Trading are settled in BTC, which means users need to deposit BTC to engage in contract trading. Some users have suggested that the perpetual contract trading should adopt the USDT settling mechanism to avoid market volatilities. Therefore, Gate.io will be launching multiple perpetual contract trading markets settled in USDT. Please stay tuned for more information on this.

Gate.io is a trading platform that does not charge listing fee, only launches quality projects, and provides users with a 100% guarantee and instant deposit-withdrawal services.

Get 30% trading fee in the affiliate program at https://www.gate.io/myaccount/myreferrals

Gate.io New Features:
Spot Trading on Gate.io (200+ tokens):https://www.gate.io/trade/BTC_USDT
Margin Trading on Gate.io (Long or Short):https://www.gate.io/margin_trade/BTC_USDT
Perpetual Contract Trading:https://www.gate.io/futures_trade/BTC_USD
Lending on Gate.io (secure and stable, high annual return):https://www.gate.io/margin/lend/USDT
C2C Trading on Gate.io:https://www.gate.io/c2c/usdt_cny
Download Gate.io APP:https://www.gate.io/mobileapp
Download Wallet.io (ALL in ONE):https://www.wallet.io/

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Gate.io
October 27, 2019

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Gate.io
Gate.io

Written by Gate.io

A Fast And Secure Digital Asset Exchange | Website: https://www.gate.io

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