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Gate.io launches SPACEXUSDT perpetual futures contract for trading SpaceX’s pre-IPO valuation
Gate.io announced the launch of SPACEXUSDT, a USDT-margined perpetual futures contract that allows traders to speculate on SpaceX's pre-IPO valuation with leverage options. This product enables both long and short positions and supports adjustable leverage, with the official announcement specifying a range from 1× to 10×.
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Gate.io has introduced the SPACEXUSDT perpetual futures contract, allowing traders to speculate on SpaceX’s pre-IPO valuation through USDT-margined derivatives. According to the official announcement, the product supports both long and short positions with adjustable leverage from 1× to 10×, and its pricing is based on SpaceX’s estimated valuation in billions of dollars.
The broker indicated that trading parameters such as funding rates, maximum leverage, and risk limits may be adjusted to manage platform stability and risk. The social media post mentioned leverage up to 100×, but the official documentation at the time of the announcement specified a maximum of 10×.
Gate.io is a multifunctional cryptocurrency trading platform offering spot and margin trading, as well as futures and ETF markets. Users can access a wide range of cryptocurrencies, cloud mining, lending options, customizable trading strategies, educational tools, an affiliate program, and 24/7 multilingual support. For more detailed information, visit the Gate.io broker profile on Traders Union at Traders Union.
For more information on Gate.io’s recent initiatives, you can read our earlier news about their World Cup Prediction Carnival campaign and odds announcements in the previous Gate.io update on Traders Union.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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