Gate exchange has introduced perpetual contract trading for BOOM, settling exclusively in USDT and allowing leverage of up to 20x. The offering commenced trading today at 20:05 UTC+8, providing traders with a flexible, expiration-free instrument in the cryptocurrency derivatives market.
Participants can utilize adjustable leverage from 1x to 20x to optimize risk exposure and position management strategies. This structure enables amplified trading opportunities while accommodating varying risk tolerances.
The contracts’ perpetual design eliminates mandatory expiry dates, allowing continuous trading without rollover requirements. This expansion reflects Gate’s ongoing initiative to enhance derivatives offerings and meet evolving market demands for accessible cryptocurrency trading solutions.