HTX Lists ALPINE/USDT Perpetual Contracts with $10,000 Trading Event

Gate has announced the launch of SAPIEN perpetual contract trading with USDT settlement and up to 20x leverage, scheduled to begin on August 21, according to the official statement.

USDT

114d ago

Summary

Gate officially announced the upcoming launch of SAPIEN perpetual contract trading on August 21. The contract will be settled in USDT and offer leverage options ranging from 1x to 20x. This development expands Gate’s range of perpetual derivatives, following the recent introduction of its ALL Composite Index contract.

Terms & Concepts

Perpetual Contract: A type of futures contract without an expiry date, allowing traders to hold positions indefinitely as long as margin requirements are met.
USDT (Tether): A stablecoin pegged to the US dollar, widely used in cryptocurrency trading as a medium of exchange and store of value.
Leverage: A trading feature that allows investors to control larger positions with a smaller amount of capital, amplifying both potential gains and losses.