Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to experience risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Gate recently adjusted the minimum price increment (tick size) for several futures contracts, including $BMT, $SLERF, and $LOKA. While this modification doesn't directly impact asset prices, it can spark momentary turbulence, particularly for low-liquidity tokens, due to algorithmic trading and API-based systems.
The sharp decline observed in cryptocurrencies such as $BMT, $SOON, and $ME today appears to be a result of multiple factors:
1️⃣ Algorithmic responses to the revised tick sizes
2️⃣ Thin markets coupled with panic-induced sell-offs
3️⃣ Forced closures of overly optimistic long positions
Did you weather this sudden market downturn? Share your entry point or profit/loss figures in the comments! #CryptoVolatility FuturesTrading #BMT SLERF #MarginCalls ExchangeUpdates #DigitalAssetNews
Note: This post contains third-party views. It is not financial advice and may include promotional material. Please refer to the platform's terms and conditions for more information.