How to Conduct WEMIX Perptual Trading?
As Web3 The core token of the gaming ecosystem, WEMIX attracts many investors with its high-performance blockchain architecture (SPoA consensus mechanism, 4000 TPS processing capability). For those looking to efficiently participate in its price fluctuation trading, Gate’s WEMIX/USDT Perptual Futures is the preferred tool for professional players, supporting flexible long or short positions with 1 - 10 times leverage.
Why Choose Gate to Trade WEMIX Perpetual Futures?
- Dedicated Trading Pair and Depth Assurance: Gate provides an independent WEMIX/USDT Perpetual Futures trading pair, using USDT as the margin and settlement unit, avoiding the risk of profit volatility caused by WEMIX’s own fluctuations. The contract uses a comprehensive price from multiple global platforms as the liquidation indicator, significantly reducing the probability of unexpected liquidation due to malicious “pinning.”
- Real-time Data Transparency: The trading page clearly displays key data such as the mark price (e.g., $0.4073), index price ($0.4055), funding rate (e.g., +0.0178%), etc., assisting users in formulating strategies.
How to Start Trading?
- Account Preparation: Deposit USDT into the futures trading account (the old version of WEMIX tokens has been automatically migrated to the mainnet tokens, no action required from users).
- Enter the Trading Interface
- Web: Click on “Futures” at the top of the webpage, search for WEMIX
- App: Select “Futures” from the bottom navigation bar → “USDT Settled Contracts” → Search for WEMIX.
- Order Operation: Choose leverage (1 - 20x), enter price and quantity, and you can open a “long position” (bullish) or a “short position” (bearish). The system automatically calculates the margin ratio and liquidation price.
Leverage and Risk Control
Gate allows for dynamic adjustment of leverage, but it is important to note: high leverage (such as 20x) amplifies profits but also increases the risk of liquidation. It is recommended for beginners to start with low leverage (3 - 5x) and to set stop-loss orders.
Funding Rate Mechanism
The funding rate is settled every 8 hours (the countdown is displayed on the page). When the rate is positive (+), longs pay fees to shorts, and when the rate is negative (-), shorts compensate longs. This mechanism anchors the contract price to the spot index, avoiding significant deviation.
Simulation Trading Practice
Gate provides WEMIX Futures Trading Simulation Users can test strategies using virtual funds and transition to live trading after becoming familiar with the interface.
As a leading exchange operating since 2013, Gate provides a secure and efficient trading environment for WEMIX investors with a 100% margin mechanism and an average daily contract trading volume of 800 million USD. Act now to seize the growth dividends of the blockchain gaming ecosystem!
