To improve users’ trading experiences, Gate.io has launched a“Stop Order” feature for Web and released the newest version of its Android app (2.6.3 beta). Users can place stop orders, and place buy and sell open orders on Web or by Android App. At the same time, the new function allows users to sell in the “contract position” section, choosing limit price or market price.
Enter the Perpetual Contract Trading page, and click “Stop Order” under “Submit Order”on the left side to place stop orders, and place buy and sell open orders.
After opening a position, click “Stop Order” under “Positions”to sell or close a position. To sell or close a position, users can choose limit price or market price. For the proportion of selling a position there are options of 25%, 50%, 75% and fully closed.
Instructions for App Users:
Download it now at: https://www.gate.io/mobileapp
Scan and download at:
Please note that if the interface of the app crashes after upgrading from the old version, users should delete the old version and re-install the app to get the latest version.
More information about Android app (2.6.3 beta) please click:
Gate.io Stop Order
Stop order is similar to price condition order in spot trading. In contract trading, users placing stop order can set trigger price, stop price, order amount and valid dates in advance. When last price/mark price/index meet users’trigger price, position will be sold or closed at stop order price according to users’settings. More information about price condition order please click: https://www.gate.io/help/guide/16651
Gate.io Perpetual Contract
Gate.io’s Perpetual Contracts are one of the most active crypto-asset contract trading markets in the world. At its peak, we hit a total trading volume of $800 million on the Gate.io Perpetual Contracts platform, with an insurance fund of over 1,000 BTC to compensate users when traders’ balance drops beneath zero.
Gate.io’s Perpetual Contracts provide 100X leverage for BTC, and 20-100X leverage for other major cryptocurrencies such as ETH, EOS, LTC, BCH, BSV in order for users to go either long or short. The close position is calculated based on the price index from multiple platforms, which helps the trading feature run continuously and reduce investors’ risks. However, contract trading involves higher risks with high leverage, hence, users should understand the trading rules and be aware of the market risk, and make investments cautiously.
Currently, the interests of Gate.io Perpetual Contract Trading are settled in BTC and USDT. Users need to deposit BTC to engage in BTC settled contract trading or USDT in the USDT settled contract trading. The USDT settled Perpetual Contracts can help eliminate market volatilities, which is more suitable for new traders. The BTC and USDT settled Perpetual Contracts Trading, and their simulation trading areas are already available on Gate.io.
How to trade contracts (e.g. BTC):
BTC/USD Settled Perpetual Contract Trading Area:
For web users: https://gate.io/futures_trade/BTC/BTC_USD
For Mobile app users: please go to “Contracts” – BTC settled contracts
BTC/USDT Settled Perpetual Contract Trading Area:
For web users: https://gate.io/futures_trade/USDT/BTC_USDT
For Mobile app users: please go to “Contracts” – USDT settled contracts
How to trade with Perpetual Contract? (Web): https://gatecn.io/help/futures/17257(in Chinese)
How to trade with Perpetual Contract? (Video): https://gatecn.io/help/futures/16716
Operation for new Perpetual contract traders (Video): https://gatecn.io/help/futures/17107(in Chinese)
Understand Perpetual Contract: https://gatecn.io/help/futures/16697
Gate.io Perpetual Contract: https://gatecn.io/help/futures/16895
Perpetual Contract Trading in Gate.io (cartoon): https://gatecn.io/help/futures/16783
About Perpetual Contract: https://gatecn.io/help/futures/16695
Perpetual Contract Trading Fees: https://gatecn.io/help/futures/16688