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Gate Launches NERO Perpetual Contract Trading with USDT Settlement

Gate introduces NEROUSDT perpetual contract trading with 20X leverage, enhancing trading options for users in the crypto market.

USDT
GT

Summary

Gate has launched NEROUSDT perpetual contract trading with USDT margin, allowing up to 20X leverage. The funding interval for this contract is every 4 hours, aimed at improving trading conditions and managing market risks. Users can access details and trade at Gate's official platform.

Terms & Concepts
  • NERO perpetual contract: A type of derivative that allows traders to speculate on the price of NERO without an expiration date.
  • USDT settlement: Settlement using Tether (USDT), a stablecoin pegged to the US dollar, providing stability in trading.
  • leverage: The use of borrowed funds to increase potential returns on an investment, allowing traders to control larger positions.