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- 🔥Post & Earn Passive Income! Gate Square’s "Content Mining" Channel is Now Open!🔥
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- #Gate Ranks Top 4 Exchange#
Gate has reached the Top 4 global crypto derivatives exchanges on CoinMarketCap, with a 24-hour trading volume exceeding $15 billion. Enjoy some of the lowest fees in the industry—maker fees as low as 0.015%. Gate is committed to providing users with a more efficient and cost-effective trading experience, making it your top choice for crypto trading!
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💬 What derivatives or other products have you recently traded
- 🎉 CandyDrop 5.0: 5 BTC Mega Airdrop is here!
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- Gate Alpha 2nd Points Carnival Round 4 Hot Launch! Trade to Share $30,000 MORE & Alpha Points
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- 📢 $MORE is launching on Gate Alpha!
Users will be able to trade Moonveil ( $MORE ) directly via Gate Alpha — Gate's one-stop on-chain trading portal.
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https://www.gate.com/alpha
Bitcoin Decentralized Finance project Elastos launches BTC-backed stablecoin BTCD
BlockBeats News, on June 19, according to Coindesk, Elastos, the developer of Bitcoin DeFi protocol BeL2, announced the launch of BTC-backed stablecoin BTCD. Ahmed IJ, head of marketing at Elastos, said that BTCD is backed by Bitcoin, and the collateral amount is equivalent to 160%-200% of the value of BTCD. When the price of BTCD is higher than $1, holders will burn tokens to redeem BTC, resulting in a decrease in supply and a downward price decline; If it falls below $1, users deposit new BTC to mint BTCD and sell it, causing supply to increase and the price to recover.