Gate.io Added Monero (XMR) Margin Trading and Margin Lending
Gate.io
has added Monero (XMR) margin trading (XMR/USDT), allowing up to 3X
leverage.
At the same time, margin lending and borrowing of the
coin are available. You can lend your XMR to earn passive income
(3.65%-365% APR).
Margin trading allow long and short positions
and can facilitate price discovery as well as forming a more stable
market. As a trader, you can borrow XMR to short it or borrow USDT to
long it. For holders, you can lend your XMR to margin traders to earn
interest on your holdings.
The Gate.io lending market is a peer
to peer market where all the loans and borrowings are made between
users. Gate.io does not participate in lending or borrowing.
Trade
XMR at https://www.gate.io/margin_trade/XMR_USDT
Borrow
XMR at https://www.gate.io/margin/borrow/XMR_USDT
Lend XMR at https://www.gate.io/margin/lend/XMR
Deposit XMR at https://www.gate.io/myaccount/deposit/XMR
About Monero
Monero (XMR) is a new privacy-centric coin using the CryptoNote protocol. The open source reference implementation of CryptoNote was coded from scratch based on the CryptoNote reference implementation, and is not a fork of Bitcoin.
Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support.
Gate.io Team
December 18, 2020
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