Gate to Launch TRUTH Perpetual Contract Trading on October 1

The exchange will introduce USDT-settled TRUTH contracts with leverage options ranging from 1x to 20x.

USDT
GT

Summary

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Terms & Concepts
  • Perpetual Contract: A type of derivative allowing traders to speculate on asset prices without an expiry date, often using leverage.
  • USDT Settlement: A process where trades are settled in Tether (USDT), a stablecoin pegged to the U.S. dollar.
  • Leverage: A mechanism enabling traders to control larger positions by borrowing funds, amplifying potential gains or losses.