Gate.io’s Perpetual Contracts Lead The Way During Market Uncertainty

Gate.io, a leading digital asset exchange, announced that their perpetual contracts have been offering an insurance fund of more than 1,000 BTC; It automatically provides users with through-position compensation, and provides up to 100 times leverage on BTC in addition to leveraging solutions for ETH, , LTC, BCH, BSV and hundreds of other popular digital assets. Users are able to leverage 20-100 times on long and short services; using the global multi-platform comprehensive index price as the closing index, users can rest assured that they’ve chosen the right platform that incorporates stable operations and risk management.

The longest bull run to date in the global cryptocurrency market came to an almost abrupt end in May, having surged for nearly a year. The May 19 market crash pushed the industry to enforce stronger supervision with tighter control on the products being offered to clients. Many crypto exchanges added new restrictions, focusing on lowering the maximum amount of leverage users were able to use on futures contracts and cancelling high leverage products, most choosing to cap products at a 20 times leverage.

Global regulatory pressure, policy changes and other bad news hit one after the other. Although institutions and users alike have grown accustomed to bad news and uncertainty over the years, this time was different. In an effort to get ahead of regulatory and policy changes, deleveraging certain products became the norm for most crypto exchanges. Besides regulatory hurdles, exchanges remain highly competitive and as such Gate.io has come to rely on its contract offerings to bolster its competitive advantage over industry peers.

“Gate.io Perpetual Contracts are financial derivatives specifically for cryptocurrencies. The biggest difference between perpetual contracts and traditional futures is that there is no delivery date, and users can hold positions indefinitely, so it is closer to spot trading. Users only need to pay attention to buying up and buying down, providing greater leverage than traditional futures contracts and supporting forward contracts, dual currency contracts, and reverse contracts, realizing long and short two-way operations. Gate.io currently supports contract trading in BTC and USDT as settlement currencies,”
Marie Tatibouet, CMO at Gate.io, said in a statement.

In order to reduce the transaction costs of users’ contracts, Gate.io has launched a ladder fee structure on contracts, which is intended to significantly reduce the single Taker rate, so that ordinary users can enjoy the lowest transaction fees. For professional market customers, Gate.io has also opened an independent application channel, and market customers can continue to enjoy generous single Maker fee rewards.

Gate.io perpetual contract transaction fees are divided into two directions: Taker: 0.075%; Maker: -0.025%. Users can not only not pay the fee, but…