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Towns(TOWNS) will launch Perptual Futures and Margin Trading on Gate on August 5, along with features like Auto-Invest.
Gate News bot news, according to the official announcement from Gate on August 5, 2025.
Gate plans to launch the Towns (TOWNS) perpetual contract trading on August 5, 2025, at 22:40 (UTC+8), supporting USDT settlement and providing 1-20 times leverage. At the same time, it will open unified account lending and isolated margin trading pairs for TOWNS, as well as features for Yu Bi Bao wealth management, flexible collateralized lending, and fixed-term collateralized lending.
The platform will open the copy trading and trading bot services for TOWNS within 1 hour after the perpetual contract goes live. In addition, the swap and dollar-cost averaging functions will be simultaneously opened 1 hour after the TOWNS spot trading goes live, allowing users to exchange TOWNS for USDT or other supported tokens, and set up dollar-cost averaging plans with different cycles.