What does it mean to sell a gate lever (how to transfer a gate io lever account to a currency account)
What does Gate leverage mean to sell? According to the official website announcement, Gate.io is the world’s first spot trading platform that supports mainstream digital currencies such as BTC and ETH. In the early stages of launch, due to the intense market fluctuations, the platform will adjust according to the actual situation. But as the market rises and trading volume increases, leveraged selling has become increasingly popular Through this method, the threshold for user participation can be lowered: on the one hand, it reduces the operating costs of users; On the other hand, it can effectively avoid the risk impact caused by a significant drop in prices
How can a gateio leverage account be transferred to a currency account
How can a gateio leverage account be transferred to a currency account?
? Let’s use a formula to illustrate According to the current market situation, Gateio’s trading system automatically changes the ratio of long/short positions and long/short positions of corresponding digital assets from 3:1 to 1:1. When the market price drops below 2USDT (i.e. when buying or selling), the user’s long/short position ratio will be adjusted to 1:2. So users need to first use the “contract” in their coin account, so that they can directly open a coin account.
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