Gate Lists CESS SAHARA Perpetual Contracts Boosting DeFi Trading

Gate, a prominent cryptocurrency exchange, has announced the listing of perpetual contracts for CESS and SAHARA. The CESS perpetual contract trading, settled in USDT, will commence on June 26th at 18:05 (UTC+8). Following this, the SAHARA perpetual contract spot trading, also settled in USDT, will debut on the same day at 20:05 (UTC+8). Both contracts will support leverage ranging from 1 to 20 times, providing traders with the flexibility to amplify their positions.

This move by Gate is part of its ongoing strategy to expand its offerings and provide traders with more diverse investment opportunities. The listing of these perpetual contracts allows traders to speculate on the price movements of CESS and SAHARA without the need to hold the underlying assets. This development is significant as it opens up new avenues for traders to engage with these emerging cryptocurrencies, potentially driving increased liquidity and market activity.

The decision to list CESS and SAHARA perpetual contracts reflects Gate's commitment to staying at the forefront of the cryptocurrency market. By offering these contracts, Gate aims to attract a broader range of traders, including those who are interested in leveraging their positions to maximize potential returns. The perpetual contracts will enable traders to go long or short on CESS and SAHARA, providing flexibility in their trading strategies.

The listing of these contracts is also a testament to the growing interest in decentralized finance (DeFi) and the broader cryptocurrency ecosystem. CESS and SAHARA are part of a new wave of projects that are leveraging blockchain technology to create innovative financial products and services. By providing a platform for trading these assets, Gate is supporting the development of the DeFi space and contributing to its growth.

In summary, Gate's decision to list CESS and SAHARA perpetual contracts is a strategic move that aligns with the exchange's goal of offering a comprehensive range of trading options. This development is expected to enhance market liquidity and attract more traders to the platform, further solidifying Gate's position as a leading player in the cryptocurrency exchange landscape.