Ju.com to Launch EDEN Token with EDEN/USDT Trading Pair on September 30
Gate's new perpetual contract offerings for EDEN and VFY tokens will support leverage trading and introduce additional features such as margin trading and trading bots.
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Fact Check
The statement is strongly supported by Source 8, a crypto news outlet, which explicitly reports that 'Ju.com will launch EDEN'. This claim is contextualized by Source 9, which confirms Ju.com is a cryptocurrency trading platform, and Sources 7 and 10, which discuss the EDEN token in the crypto space. While some evidence mentions a date of September 29, this is very close to the statement's date of September 30 and could be due to time zone differences. The majority of the provided sources are irrelevant as they mention the words 'Ju' and 'Eden' in entirely different contexts.
Summary
Gate will launch perpetual contract trading for OpenEden (EDEN) and zkVerify (VFY) on September 30, with EDEN trading set for 19:10 UTC+8 and VFY at 20:00 UTC+8. Both tokens will support 1-20x leverage. Margin trading will follow shortly after, and trading bots, copy trading, and investment functions will be available within the hour after spot trading commences.
Terms & Concepts
- Perpetual Contracts: A type of derivative contract that does not have an expiration date, allowing for continuous trading.
- Leverage: The use of borrowed funds to increase the potential return on an investment, often amplified by a multiplier.
- Margin Trading: A form of trading where users borrow funds from a broker to trade larger positions than their actual account balance.