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Gate to List Fabric Protocol and Migrate ROBOUSDT to Perpetual Contracts

The exchange will launch spot trading for ROBO and transition ROBOUSDT to leveraged perpetual contracts, with trading operations remaining uninterrupted.

GT

Summary

Gate has announced it will list Fabric Protocol (ROBO) for spot trading and migrate ROBOUSDT to standard perpetual contracts with 1–50x leverage. The spot market opens on February 27 at 18:00 (UTC+8), followed by a flash swap at 19:00. Migration to perpetual contracts is scheduled to finish by 21:00, ensuring all trading and positions remain unaffected.

Terms & Concepts
  • Perpetual Contracts: A type of futures contract with no expiration date, allowing traders to hold positions indefinitely while using leverage.
  • Leverage: A trading mechanism that allows investors to control larger positions with a smaller capital outlay, amplifying gains and losses.
  • Spot Trading: The purchase or sale of an asset for immediate delivery and payment, as opposed to derivatives or futures.