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Trading Type
Spot
Trade crypto freely
Alpha
Points
Get promising tokens in streamlined on-chain trading
Pre-Market
Trade new tokens before they are officially listed
Margin
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Convert & Block Trading
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Leveraged Tokens
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Futures
Futures
Hundreds of contracts settled in USDT or BTC
Options
HOT
Trade European-style vanilla options
Unified Account
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Demo Trading
Futures Kickoff
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Futures Events
Participate in events to win generous rewards
Demo Trading
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Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
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Alpha Points
NEW
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
NEW
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
BTC Staking
HOT
Stake BTC and earn 10% APR
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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Bitcoin’s recent spike to nearly $42,000 led to over $200 million in liquidations, heavily impacting short traders.
Predictions suggest this surge could mark the beginning of a major bull run, influenced by factors like the 2024 Bitcoin halving and potential US BTC ETF approval.
Market trends show a rise in Bitcoin exchange netflows and open interest in futures and options, indicating possible increased volatility ahead.
Bitcoin’s impressive performance this year continues at full speed after its valuation surged to almost $42,000 (per CoinGecko’s data) a few hours ago. Somewhat expected, the price peak, last observed in the early spring of 2022, has severely affected short traders.
According to data presented by CoinGlass, the cryptocurrency liquidations in the past 24 hours equal over $200 million, with around 80% of that amount being short positions. Bitcoin trades comprised approximately $80 million of the total figure, whereas Ether followed second with $30 million.
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