Gate to Introduce Common Protocol Spot and Perpetual Trading

Gate US officially activates COMMON/USDT spot trading following its October 27, 9:00 AM ET launch, expanding availability for Common Protocol investors.

USDT

216d ago

Summary

According to an official announcement, Gate US launched Common Protocol (COMMON) spot trading and activated the COMMON/USDT pair on October 27 at 9:00 AM ET. The move follows earlier plans to introduce both spot and leveraged perpetual trading for the token, broadening the exchange’s trading product range.

Terms & Concepts

Spot Trading: The purchase or sale of a cryptocurrency for immediate delivery on the open market.
Perpetual Contracts: A type of derivative that allows traders to speculate on an asset’s price without an expiration date, often with leverage.
Leverage: The use of borrowed funds to amplify potential returns, expressed as a multiple of the trader’s own capital (e.g., 20x).