On January 18, 2025, Gate officially launched its TRUMP perpetual contract, enabling live trading with USDT settlement. This innovative financial instrument allows traders to engage with significant market movements, supported by a leverage range between 1x to 50x. The introduction of this product reflects Gate’s commitment to expanding its offerings in the competitive cryptocurrency industry while meeting the evolving needs of investors. As perpetual contracts continue to gain traction within the crypto space, traders are increasingly seeking platforms that offer robust trading options and flexible leverage. With the TRUMP contract, participants can engage in strategic trading without the constraints of traditional futures. Comprehensive risk management practices are crucial, however, as high leverage can lead to substantial gains and losses alike. Gate’s move may further enhance its position as a leading exchange in the dynamic world of cryptocurrency trading.
Source: https://en.coinotag.com/breakingnews/gate-launches-trump-perpetual-contract-trading-with-up-to-50x-leverage/