Gate Launches "Precious Metals Zone"; Gold and Silver Perpetual Contracts Support 50x Leverage and 24/7 Trading
Svmuu News: The digital asset trading platform Gate has launched a "Precious Metals Zone," initially offering XAU (gold) and XAG (silver) USDT-denominated perpetual contracts. These contracts support up to 50x leverage and offer 24/7 trading. These contracts will go live on January 14 at 17:00 (UTC+8). Users can access the section via the Gate website or app to begin trading. In terms of product mechanics, the Gate Precious Metals Perpetual Contract Index is derived from a composite of prices across multiple precious metals trading markets. This enhances pricing transparency and stability, providing a reliable price foundation for contract trading while balancing the pricing logic of traditional financial assets with the risk management requirements of crypto derivatives. In a market environment characterized by rising precious metal prices, alongside both safe-haven attributes and volatility, Gate is introducing gold and silver into the crypto trading ecosystem in the form of standardized perpetual contracts. This expands the asset boundaries of crypto derivatives and provides new tool options for cross-market capital allocation and trading strategies. Gate stated that it will continue to explore pathways for tokenizing more traditional assets in the future, gradually enriching trading scenarios for diverse derivatives such as indices and commodities within a framework of compliance and risk management.
Source:Odaily · Source Link
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