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Gate to Launch USDT-Settled Perpetual Trading for 11 Assets

Gate expands its derivatives offering to 45 diverse assets, adding new stock-related perpetual contracts with leverage options up to 20x for round-the-clock trading.

USDT
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Summary

Gate announced the launch of 11 new stock-related perpetual contracts, including PepsiCo (PEP), Procter & Gamble (PG), Coca-Cola (KO), General Electric (GE), Broadcom (AVGO), iShares Gold Trust (IAU), Lockheed Martin (LMT), Advanced Micro Devices (AMD), iShares MSCI EAFE ETF (IEFA), iShares 20+ Year Treasury Bond ETF (TLT), and iShares Core U.S. Aggregate Bond ETF (AGG), with customizable leverage from 1x to 20x. This expansion increases Gate’s perpetual market coverage to 45 assets spanning stocks, metals, forex, commodities, and indices, with up to 100x leverage available and 24/7 trading.

Terms & Concepts
  • Perpetual Trading: A form of derivatives trading without expiry dates, allowing positions to be held indefinitely while tracking an underlying asset's price.
  • USDT: Tether, a stablecoin pegged to the U.S. dollar, commonly used for settling crypto trades.
  • Leverage: The use of borrowed capital to increase potential returns, expressed as a multiple of invested funds.