How to conduct WEMIX Perptual Futures trading?

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As the core token of the Web3 gaming ecosystem, WEMIX has attracted numerous investors with its high-performance blockchain architecture (SPoA consensus mechanism, 4000 TPS processing capability). If you wish to efficiently participate in its price fluctuation trading, Gate's WEMIX/USDT perpetual contract is the preferred tool for professional players, supporting flexible long or short positions with 1 - 10 times leverage.

##Why Choose Gate to Trade WEMIX Perpetual Contracts?

  1. Dedicated trading pairs and depth protection: Gate provides an independent WEMIX/USDT perpetual contract trading pair, using USDT as the margin and settlement unit, avoiding the risk of profit fluctuations due to the volatility of WEMIX itself. Its contracts use a comprehensive global price from multiple platforms as the closing indicator, significantly reducing the probability of unexpected liquidation caused by malicious "pinning".
  2. Real-time data is transparent and accessible: The trading page clearly displays key data such as mark price (e.g., $0.4073), index price ($0.4055), funding rate (e.g., +0.0178%), assisting users in formulating strategies.

##How to Start Trading?

  1. Account Preparation: Deposit USDT into the contract account (the old version of WEMIX tokens has been automatically migrated to the mainnet tokens, no user action is required).
  2. Enter the trading interface
  • Web access: Click the top of the webpage, select "Contracts", and search for WEMIX.
  • App: Select "Contracts" in the bottom navigation bar → "USDT Settled Contracts" → Search for WEMIX.
  1. Order operation: Select leverage multiple (1 - 20 times), enter price and quantity, and you can open a "long position" (bullish) or "short position" (bearish). The system automatically calculates the margin ratio and liquidation price.

Leverage Multiplier and Risk Control

Gate allows for dynamic leverage adjustment, but it is important to note: high leverage (such as 20x) amplifies profits but also increases the risk of liquidation. It is recommended for beginners to start with low leverage (3 - 5x) and set stop-loss orders.

funding rate mechanism

The funding fee is settled every 8 hours (the countdown is displayed on the page). When the rate is positive (+), longs pay fees to shorts; when the rate is negative (-), shorts compensate longs. This mechanism anchors the contract price to the spot index, preventing significant deviations.

##Simulation Trading Practice Gate provides WEMIX contract simulated trading, allowing users to test strategies with virtual funds and familiarize themselves with the interface before transitioning to real trading.

As a leading exchange operating since 2013, Gate provides a secure and efficient trading environment for WEMIX investors with a 100% margin mechanism and an average daily contract trading volume of 800 million USD. Act now to seize the growth dividends of the blockchain gaming ecosystem!

Author: Blog Team *This content does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. *Please note that Gate may restrict or prohibit all or part of the services from restricted areas. Please read the user agreement for more information, link:

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Ybaservip
· 07-03 10:50
Hold on tight, we're about to To da moon 🛫
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