Global digital asset exchange, Gate.io announced on Tuesday the official launch of its Options trading feature. According to Gate.io, the new feature allows BTC/USDT short-term Options trading and Simulation trading for “Call and Put” options that are expiring in the next one, four, and twenty-four hours.
“Transparency, security & integrity are our main values. Gate Technology is the parent company to both Gate.io and Wallet.io, both created to provide users with a secure, simple and fair trading platform as well as to safeguard assets and trading information. Currently, we provide trade, investment and digital wallet services of more than 200 digital assets. We offer quality service for millions of users from over 130 countries.”
While sharing more details about the feature, Marie Tatibouet, CMO at Gate.io, stated:
“We are a one-stop-shop for Spot, Margin trading, Futures, Perpetual contracts, Staking, C2C Loan, and now Options. Our users can head over to ‘Short-term Options’ under ‘Derivatives’ on the website to start trading Options. The handling fee for Options is flat 0.05%, which is one of the lowest in the market, and there are no other hidden costs associated.”
Gate.io went onto add that the BTC/USDT options trading is currently only available on the website. Mobile users will get access to the feature soon in the next App upgrade. The maximum buying amount is now 100 USDT that will increase in the upcoming weeks.