Gate.io Introduces BLUE Perpetual Contracts with Up to 20x Leverage and USDT Settlement
Gate.io has launched the BLUE perpetual contract, a new crypto derivative settled in USDT, allowing traders to take both long and short positions with leverage ranging from 1x to 20x. This addition caters to the increasing demand for leveraged trading instruments among both retail and professional crypto traders. BLUE perpetual contracts enable trading without expiration dates, offering increased flexibility for volatility and hedging strategies. While this provides greater opportunities for maximizing returns, traders should also be aware of the heightened risks associated with high leverage. The rollout of BLUE perpetual contracts highlights Gate.io’s ongoing commitment to expanding its range of trading products and addressing the needs of the evolving crypto derivatives market.
Neutral
The introduction of BLUE perpetual contracts by Gate.io offers traders new leverage and hedging opportunities and may increase trading activity for BLUE and related instruments. While the product appeals to a wider range of market participants and could boost short-term volatility and volume, it does not directly impact the underlying price of BLUE itself. The effect remains neutral as it expands trading options but does not constitute a fundamental value change or news catalyst for the token.