"Gate.io Boosts Derivatives with 50x Leverage ANLOG Contract; Farcaster Integration Enhances Interaction"

Coin WorldMonday, Feb 10, 2025 3:20 am ET
1min read
ALPHA
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Gate.io, a leading cryptocurrency exchange, has announced the listing of the ANLOG Perpetual Contract, offering up to 50x leverage. This move is set to enhance the platform's derivatives offerings and provide users with more trading options.

The ANLOG Perpetual Contract, which will be settled in USDT, is scheduled to go live on February 10, 2025, at 19:00 (UTC+8). The contract will support leverage ranging from 1 to 50, catering to both conservative and aggressive traders. This addition is expected to attract a wider range of users to Gate.io's derivatives market.

The integration of the Farcaster protocol on the platform has also been highlighted. Users with a Farcaster account can now log in to comment on the platform, fostering a more interactive trading environment.

This development comes amidst a flurry of activity in the cryptocurrency market. Earlier in the day, key market information discrepancies were highlighted in an Alpha Morning Report, emphasizing the importance of staying informed in the dynamic crypto landscape.

In other news, the Ethereum Spot ETF has seen continuous inflows, yet the price of ETH remains unaffected. This discrepancy has sparked interest and debate among market participants, with some attributing it to the ongoing regulatory uncertainty surrounding cryptocurrencies.

As the market continues to evolve, on-chain detectives remain vigilant, monitoring the blockchain for any suspicious activities or trends. This proactive approach helps to maintain the integrity and security of the crypto ecosystem.

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