Gate has officially launched XRP-USDT options, becoming the 3rd exchange to support XRP options after Deribit and Binance.
This move expands Gate's USDT options portfolio with popular assets such as BTC, ETH, SOL, DOGE, ADA, LTC, TON, helping users diversify trading strategies and mitigate risks more effectively.
MAIN CONTENT
Gate officially launched XRP-USDT options, increasing competitiveness in the cryptocurrency options market.
The exchange offers a variety of USDT options for major assets, meeting flexible trading needs and risk hedging.
The Options Ambassador Recruitment Program with attractive rewards, promoting the development of a sustainable options ecosystem.
How has Gate implemented XRP-USDT options?
Gate officially launched XRP-USDT options as announced on July 18, 2024, becoming the 3rd exchange to support this product after Deribit and Binance – the two leading options exchanges in the world.
This event marks an important milestone for Gate in expanding cryptocurrency derivatives products, particularly focusing on USDT-settled options. This allows investors to take advantage of portfolio diversification opportunities and minimize market risks.
The official launch of XRP-USDT options opens up trading opportunities for investors and strengthens Gate's position in the global cryptocurrency options trading ecosystem.
Mr. John Wu, CEO of Gate, July 2024
What assets are included in the USDT options category on Gate?
Gate currently offers USDT options for leading cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), Cardano (ADA), Litecoin (LTC), TON, and most recently XRP.
Covering a variety of popular assets not only enhances liquidity but also supports users in diversifying capital protection strategies through risk hedging mechanisms using options.
What is special about Gate's 'Options Ambassador Recruitment' program?
Gate has launched the Options Ambassador Recruitment program for content creators, traders, and KOLs to build a strong options community.
Participants in the program have the opportunity to earn rewards of up to 10,000 USDT along with many prioritized benefits on the platform, promoting the long-term development of the options trading ecosystem at Gate.
We aim to collaborate with investors and the creative community to create an environment for knowledge exchange and the development of truly quality options products.
Mr. David Lee, Head of Marketing at Gate, July 2024
What are the benefits of XRP-USDT options for investors?
XRP-USDT options allow investors flexibility in buying and selling options paid in USDT, facilitating transactions compared to other payment tokens.
This supports effective risk management, especially when cryptocurrency price volatility is often high, while providing opportunities to profit from XRP price fluctuations without directly owning the underlying asset.
Compare XRP-USDT options on Gate with other exchanges.
XRP Options Trading Platform Payment Methods Community Support Program Gate XRP-USDT Options USDT Options Ambassador Program, rewards up to 10,000 USDT Deribit XRP Options BTC or USDT Community program, but cash rewards are not clearly stated Binance XRP Options USDT Global marketing campaigns supporting traders.
Frequently asked questions
What is XRP-USDT options?
This is a options contract allowing the trading of XRP with payment in USDT, helping investors protect capital and profit from XRP price fluctuations.
Which exchange was the first to launch XRP-USDT options?
Gate is the 3rd exchange in the world to launch XRP-USDT options, after Deribit and Binance.
What is the goal of the Options Ambassador Program organized by Gate?
To build a strong options community, supporting content creators, traders, and KOLs in developing the options ecosystem.
What are the advantages of trading XRP-USDT options on Gate?
Users have additional payment options using USDT, diversifying the market, and enjoying many benefits from the ambassador program.
Does Gate provide options for any other assets?
Yes, Gate supports USDT options for BTC, ETH, SOL, DOGE, ADA, LTC, TON, and many other popular assets.
Source: https://tintucbitcoin.com/xrp-ra-mat-hop-dong-quyen-chon/
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