Gate Launches XRPUSDT Options Trading on July 17, 2025

Gate's introduction of XRP-USDT options enhances trading flexibility and risk management for users, joining major exchanges in offering this product.

BTC
ETH
USDT

Summary

Gate has officially launched XRP-USDT options, becoming the third major exchange to offer this product after Deribit and Binance. The platform now supports USDT-settled options for various assets including BTC, ETH, and SOL, enabling users to trade flexibly and hedge risks. Additionally, Gate has initiated an 'Options Ambassador Recruitment Program' offering rewards up to 10,000 USDT for content creators, traders, and KOLs to help build the options ecosystem.

Terms & Concepts
  • XRP: A cryptocurrency developed by Ripple Labs, designed for efficient cross-border payments.
  • Options Trading: A financial derivative that gives the buyer the right, but not the obligation, to buy or sell an asset at a predetermined price before a specified date.
  • Cross-Border Payments: Transactions that involve the transfer of funds between parties located in different countries.