Gate.io’s Leveraged ETF Holdings Has Exceeded 100 Million

Global digital currency exchange, Gate.io, has achieved another significant milestone of crossing $100 million in its leveraged ETF products on September 16.

SINGAPORE, Sept. 22, 2021 (GLOBE NEWSWIRE) — After surpassing trading volume of $5.5 billion last week, Global digital currency exchange, Gate.io, has achieved another significant milestone of crossing $100 million in its leveraged ETF products on September 16. The reason behind this surge in popularity is that leveraged ETFs adopt an automatic position management mechanism to provide users with fully automatic low-leverage contract transactions while avoiding liquidation.

Gate.io provides leveraged ETF products of multiple mainstream cryptocurrencies, expressed in longs, shorts, and other instruments. For example, DOT3L is a 3 times long leverage of the Polkadot token. Conversely, DOT3S is a 3 times short leverage of Polkadot.

Another advantage of Gate.io leveraged ETFs is its automatic adjustment mechanism. To maintain a product leverage ratio of 3X, it is necessary to adjust positions regularly every day compared to the underlying assets to 3 times leverage. When the market price rises, the adjusting mechanism will automatically increase the position and generate more income for users. When the market price declines, the entire position will not be liquidated, but a temporary position adjustment will be liquidated to reduce the position to help users avoid more losses.

Currently, Gate.io provides 3 times and 5 times leveraged ETFs; reverse leveraged ETFs and portfolio ETFs. In general, the advantages of Gate.io leveraged ETFs are aimed at spot trading, with leverage attributes. There is no need to pay margin. You have a 0.1% low daily management fee, low entry barriers, automatic position adjustment, and an adjustment mechanism to increase position size and reduce losses. By using these adjusting ETFs, you can keep the position forever and never face liquidation. In addition, under unilateral market conditions, short-term holding can be achieved to accelerate returns.

About Gate.io

Gate.io allows blockchain enthusiasts to trade and store assets in more than 900 of the leading cryptocurrencies for over 6 million users from around 190 countries. The exchange offers spot, margin, futures and contract trading in addition to DeFi products through HipoDeFi, custodial services through Wallet.io, investments through Gate Labs and it’s dedicated GateChain platform. The company also offers a wholly integrated suite of products such as its Startup IEO platform, NFT Magic Box marketplace, crypto loans and more.

Press Contact – Diksha Sharma (Head of Comms), diksha@gate.io

Related Images

Gate.io's Leveraged ETF Holdings Has Exceeded 100 Million 1
About the author

E-Crypto News was developed to assist all cryptocurrency investors in developing profitable cryptocurrency portfolios through the provision of timely and much-needed information. Investments in cryptocurrency require a level of detail, sensitivity, and accuracy that isn’t required in any other market and as such, we’ve developed our databases to help fill in information gaps.

Related Posts

E-Crypto News Executive Interviews



bitcoin
Bitcoin (BTC) $ 63,052.00
ethereum
Ethereum (ETH) $ 4,202.72
binance-coin
Binance Coin (BNB) $ 486.02
tether
Tether (USDT) $ 1.00
cardano
Cardano (ADA) $ 2.15
solana
Solana (SOL) $ 211.01
xrp
XRP (XRP) $ 1.09
polkadot
Polkadot (DOT) $ 44.69
dogecoin
Dogecoin (DOGE) $ 0.264616
usd-coin
USD Coin (USDC) $ 1.00
USD
EUR
GBP
bitcoinBitcoin (BTC)
$ 63,052.00
ethereumEthereum (ETH)
$ 4,202.72
tetherTether (USDT)
$ 1.00
bitcoin-cashBitcoin Cash (BCH)
$ 621.78
litecoinLitecoin (LTC)
$ 195.13
bitcoinBitcoin (BTC)
54.136,70
ethereumEthereum (ETH)
3.608,47
tetherTether (USDT)
0,858604
bitcoin-cashBitcoin Cash (BCH)
533,86
litecoinLitecoin (LTC)
167,54
bitcoinBitcoin (BTC)
45,821.02
ethereumEthereum (ETH)
3,054.19
tetherTether (USDT)
0.726718
bitcoin-cashBitcoin Cash (BCH)
451.86
litecoinLitecoin (LTC)
141.80

Automated trading with HaasBot Crypto Trading Bots

Crypto Scams

Behind The Scenes: How this Crypto Community Responded to + $50m Hack
October 18, 2021
Crypto Scams
Crypto Scams Still Persistent In 2021, SEC Warns About Red Flags To Watch
September 9, 2021
Poly Network
Here’s How Hackers Stole Over $600 million in the Poly Network Attack
August 12, 2021
The World’s Most Infamous Crypto Hacks and Scams
July 31, 2021
Cryptocurrency Exchanges
Cryptocurrency Exchanges and the Plague of Scams and Bans
June 29, 2021

Blockchain/Cryptocurrency Questions and Answers

ICo Presale
The Science Behind ICO Presales…
October 14, 2021
Beginner’s Guide to Investing in Cryptocurrency
August 9, 2021
Short-Sell Cryptocurrency
How to Short-Sell Cryptocurrency: A Brief Overview
July 17, 2021
Klaytn
What Is Klaytn (KLAY) And How Does It Work?
July 16, 2021
Cryptocurrencies
Our Crypto Roundup Interview Asks- Do Cryptocurrencies Have a Future?
July 15, 2021


CryptoCurrencyUSDChange 1hChange 24hChange 7d
Bitcoin63,102 0.11 % 3.47 % 2.47 %
Ethereum4,219.9 0.23 % 3.36 % 9.49 %
Binance Coin486.30 0.14 % 1.98 % 3.34 %
Tether0.9986 0.03 % 0.08 % 0.23 %
Cardano2.150 0.14 % 1.45 % 0.17 %
Solana210.63 1.32 % 3.28 % 31.76 %
XRP1.100 0.01 % 1.63 % 0.42 %
Polkadot30.87 2.19 % 17.29 % 10.73 %
Dogecoin0.2644 0.96 % 0.33 % 11.13 %
USD Coin1.000 0.14 % 0.20 % 0.17 %

bitcoin
Bitcoin (BTC) $ 63,052.00
ethereum
Ethereum (ETH) $ 4,202.72
binance-coin
Binance Coin (BNB) $ 486.02
tether
Tether (USDT) $ 1.00
cardano
Cardano (ADA) $ 2.15
solana
Solana (SOL) $ 211.01
xrp
XRP (XRP) $ 1.09
polkadot
Polkadot (DOT) $ 44.69
dogecoin
Dogecoin (DOGE) $ 0.264616
usd-coin
USD Coin (USDC) $ 1.00