Gate.io Added Monero (XMR) Margin Trading and Margin Lending
has added Monero (XMR) margin trading (XMR/USDT), allowing up to 3X
At the same time, margin lending and borrowing of the coin are available. You can lend your XMR to earn passive income (3.65%-365% APR).
Margin trading allow long and short positions and can facilitate price discovery as well as forming a more stable market. As a trader, you can borrow XMR to short it or borrow USDT to long it. For holders, you can lend your XMR to margin traders to earn interest on your holdings.
The Gate.io lending market is a peer to peer market where all the loans and borrowings are made between users. Gate.io does not participate in lending or borrowing.
Trade XMR at https://www.gate.io/margin_trade/XMR_USDT
Deposit XMR at https://www.gate.io/myaccount/deposit/XMR
Monero (XMR) is a new privacy-centric coin using the CryptoNote protocol. The open source reference implementation of CryptoNote was coded from scratch based on the CryptoNote reference implementation, and is not a fork of Bitcoin.
Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support.
December 18, 2020
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