On June 4th, according to official sources, due to the contract mark price severely deviating from the normal market price, Gate announced the delisting of LAUSDT perpetual contracts and suspension of related trading on June 4th. The platform has closed all open positions at market price and promised to bear all losses from negative balance caused by liquidation, with users not required to make additional deposits. The official statement indicated that this action aims to maintain a fair trading environment and protect user assets.
Gate delists LAUSDT perpetual contract, and the platform bears all losses caused by liquidation
This article is machine translated
Show original
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
