Precious metal tokenization contracts go live, this exchange launches a $880,000 promotion

robot
Abstract generation in progress

【BlockBeats】 Things have been getting lively lately—some leading exchanges have announced the launch of tokenized gold and silver contract trading. Specifically, two gold tokens, PAXG and XAUT, as well as the XAG silver token, are now tradable via perpetual contracts with USDT, with leverage up to 20x.

A special event has also been launched simultaneously, running from 7:00 PM on January 22 to 7:00 PM on January 29 (UTC+8), with a total prize pool of $88,888. The event is called “Gold and Silver New High Sprint Battle,” which sounds very engaging.

Getting a share is not complicated. After registering, trade PAXG/USDT, XAUT/USDT, or XAG/USDT. As long as your total trading volume exceeds 5000 USDT, you can participate in the guessing activity—guaranteed 100% win. Prizes are distributed based on your trading volume ranking. There are also rewards for inviting friends, adding an extra layer of earning potential.

The emergence of tokenized precious metals on exchanges is indeed a trend. Combined with the leverage mechanism of perpetual contracts, it offers traders new asset allocation options. However, participating in any leveraged trading requires understanding the risks, as both gains and losses can be amplified.

PAXG1,96%
XAUT2,15%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
0/400
Blockwatcher9000vip
· 8h ago
Playing precious metals with 20x leverage, how reckless can you get haha
View OriginalReply0
MerkleDreamervip
· 8h ago
Playing precious metals with 20x leverage, if this isn't gambling, what is...
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)