Gate News bot news, according to the official announcement from Gate on July 31, 2025.
Gate has officially launched the NAORIS/USDT perpetual contract for spot trading. This contract uses USDT for settlement and supports leverage trading from 1x to 20x.
The trading parameters indicate that the contract supports both long and short positions, with the funding rate settlement frequency being every 4 hours. Users can choose the specific leverage multiple when placing an order.
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