Odaily Planet Daily News According to the official announcement, Gate will launch PAL spot trading on July 7 at 20:00 (UTC+8). The PAL perpetual contract trading (settled in USDT) will be launched at 20:10 (UTC+8), supporting 1-20x leverage. To give back to platform users, activities such as HODLer Airdrop, CandyDrop, VIP Airdrop, Alpha, and Yu Coin Treasure series have been launched, allowing participants to share 5,200,000 PAL and Alpha points.