On January 3rd, Gate announced the launch of live trading for its **BIO perpetual contracts**, which are **settled in USDT**. This trading facility, available from 18:00 (UTC+8), offers users a **leverage magnitude** ranging from 1 to 50, marking a significant milestone in the platform’s offerings. The introduction of this contract type highlights Gate’s strategy to cater to the burgeoning **small-cap market** within the cryptocurrency ecosystem. According to **CoinGecko**, the exchange has expanded its repertoire to include over 600 **perpetual trading pairs**, solidifying its position as a preferred choice among more than 20 million global users. This strategic move demonstrates Gate’s commitment to enhancing trading experiences while providing robust **risk management options** through high leverage availability, making it an attractive destination for traders seeking diverse investment opportunities in the **crypto space**.
Timely, reliable coverage of breaking news, insights, and analyses on Bitcoin and cryptocurrencies since 2018.
Disclaimer: The information provided on COINOTAG NEWS is for informational purposes only and should not be considered financial or investment advice. Always conduct your own research and consult with a financial advisor before making any investment decisions.
© COINOTAG News 2024