Gate to Launch SLAY Perpetual Contracts with 1-20x Leverage on August 11th
According to an official announcement reported by PANews, Gate's SLAY perpetual trading will be settled in USDT and supports up to 20x leverage at 19:10 (UTC+8) on August 11th.
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Summary
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Terms & Concepts
Perpetual Contracts: Derivative instruments that do not have an expiration date, allowing traders to maintain positions indefinitely.
USDT: A stablecoin pegged to the US dollar, commonly used for trading and settlement in cryptocurrency markets.