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Gate Lists Taker Protocol (TAKER) for Spot Trading and Launchpool

Gate's new TAKER perpetual contracts will enable USDT settlement and leverage options from 1 to 20 times, starting on July 18, 2025.

USDT

Summary

Gate has officially announced the launch of TAKER perpetual contracts trading, which will commence on July 18, 2025, at 18:10 UTC+8. The contracts will feature USDT settlement and leverage options ranging from 1 to 20 times, providing enhanced trading opportunities for users.

Terms & Concepts
  • Perpetual Contracts: A type of futures contract that does not have an expiration date, allowing traders to hold positions indefinitely.
  • USDT: Tether, a stablecoin pegged to the US dollar, commonly used for trading and settlements in the cryptocurrency market.
  • Leverage: The use of borrowed funds to increase the potential return of an investment, allowing traders to control larger positions.