Volatility in crude oil prices has intensified, with Gate's crude oil contracts maintaining the top spot in trading volume
Svmuu News: According to CoinGlass data, the crude oil market has experienced a short-term pullback, with WTI (XTI) and Brent (XBR) trading at $93.79 and $106.49, respectively. Gate has performed exceptionally well in crude oil futures trading, ranking first across the entire network. Specifically, the 24-hour trading volume for XTI/USDT reached $11.02 million, a 26.99% increase from the previous period; the trading volume for XBR/USDT reached $10.38 million, a 58.55% increase from the previous period. Against the backdrop of heightened oil price volatility, Gate’s liquidity absorption capacity and trading activity in the crude oil derivatives market continue to stand out. 06.49. Gate performed exceptionally well in crude oil futures trading, ranking first across the entire network. Specifically, the 24-hour trading volume for XTI/USDT reached $11.02 million, a 26.99% increase from the previous period; the trading volume for XBR/USDT reached $10.38 million, a 58.55% increase from the previous period. Against the backdrop of heightened oil price volatility, Gate’s liquidity provision capabilities and trading activity in the crude oil derivatives market continue to stand out. In terms of derivatives trading, Gate Futures has taken the lead in expanding into crude oil, pioneering a commodities futures section that covers XBRUSDT (Brent crude) and WTIUSDT (WTI crude) perpetual contracts. It offers 24/7 trading, USDT settlement, and up to 100x leverage, helping users execute cross-market asset allocation and strategy deployment amid volatile market conditions. Additionally, Gate TradFi has launched trading access via both its mobile app and web platform, offering comprehensive CFD trading services covering silver, gold, forex, indices, commodities, and select popular stocks, with leverage of up to 500x, meeting the diverse trading needs arising from the interplay between traditional finance and the crypto market.
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