I heard that a major exchange's derivatives sector has recently taken new actions. The perpetual contracts for the two tokens COLLECT and MAGMA have just been announced and both support up to 20x leverage. If you usually follow these two projects, now is the opportunity to trade contracts. 20x leverage means both risk and reward are amplified, so it is still recommended that everyone carefully calculate their risk exposure before opening a position. If you're interested, you can check out the contract section for detailed trading pairs.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
12 Likes
Reward
12
4
Repost
Share
Comment
0/400
LayerZeroHero
· 9h ago
20x leverage? The fact proves that high-leverage contracts like this have too many attack vectors, such as insufficient liquidity, slippage, liquidation mechanisms... only real-world testing data can provide peace of mind.
View OriginalReply0
WhaleMistaker
· 9h ago
20x leverage? I don't touch that stuff, it's too easy to get liquidated.
View OriginalReply0
DegenGambler
· 9h ago
20x leverage? Isn't that just giving money to the exchange? I'd rather stay out of it.
View OriginalReply0
UncleLiquidation
· 10h ago
20x leverage? Buddy, you're playing with fire. Without mental preparation, going all-in will just lead to liquidation.
I heard that a major exchange's derivatives sector has recently taken new actions. The perpetual contracts for the two tokens COLLECT and MAGMA have just been announced and both support up to 20x leverage. If you usually follow these two projects, now is the opportunity to trade contracts. 20x leverage means both risk and reward are amplified, so it is still recommended that everyone carefully calculate their risk exposure before opening a position. If you're interested, you can check out the contract section for detailed trading pairs.