Gate launches a new product for Snowball contract trading, now supporting spot and derivatives trading.



This update adds two trading directions—perpetual contracts and Perp DEX mode, both supporting the Snowball/USDT trading pair. For users interested in leveraged trading, the platform offers flexible options from 1x to 10x, allowing both long and short positions to meet different risk appetite trading strategies.

If you're interested in the Snowball token or want to experience high-leverage contract trading mechanisms, you can now trade directly on Gate's contract section and Perp DEX. This product line expansion provides market participants with more trading tool options.
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WenMoon
· 01-18 17:28
10x leverage? Hmm... another great tool to get liquidated

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I've never even heard of this coin on Snowball, what new tricks is Gate up to now

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Perpetual + Perp DEX... Really? Isn't this just another money grab this time

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New contract area again? My wallet feels very nervous

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Going long or short, any choice is fine, but the question is how likely is it to make money

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10x leverage is exciting, but I'm afraid of waking up one day back to zero

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Another trading pair, another opportunity to lose money waiting for me

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Perp DEX sounds advanced, but whether it can actually make money is hard to say

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Spot and derivatives are all available, just missing a trading pair that doesn't lose money

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From 1x to 10x, is this teaching us how to go bankrupt quickly?
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PortfolioAlert
· 01-17 20:03
Another new product, is it going to blow up again?

I haven't heard of this coin Xueqiu... Playing with 10x leverage is still a bit risky.

Gate's update frequency is really fast this time, but I don't know if Xueqiu is reliable.

Perpetual contracts have another option, but I guess not many are really willing to open 10x.

By the way, who is really using Perp DEX? It just feels like the liquidity is average.
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PrivateKeyParanoia
· 01-15 17:55
10x leverage sounds exciting, but don't be reckless, buddy.

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Another new coin is launching. What's so unique this time?

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Perp DEX model? Feels like just a renamed version of the same thing.

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Perpetual contracts + spot trading in both directions, this setup is pretty good, but I'm worried it might become another tool to wipe out retail investors.

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You can go long or short, wow, now risk management is all on yourself.

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Gate is piling up new products again. How many can actually make stable profits?

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10x leverage sounds like heaven, but in reality, it's hell. Have you prepared your mental state?

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I've never heard of this coin Snowball. Has anyone traded it before? Or is it just another new trick from the platform?

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Supporting 1-10x leverage is pretty good, at least it gives conservatives a way out.

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Now the threshold for contract trading is getting lower and lower, retail investors' hard-earned money has a new place to go.
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CascadingDipBuyer
· 01-15 17:38
Playing Snowball with 10x leverage? Isn't this just gambling?

Gate is here to cut the leeks again; perpetual contracts are truly a trap.

I've never even heard of this coin, Snowball, why would I spend money on it?

Perp DEX sounds fancy, but it's really just a disguised casino.

Another new coin and new contract, I know this routine all too well...
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ApeEscapeArtist
· 01-15 17:29
10x leverage is really crazy, easy to get liquidated, everyone.

I've never heard of this coin Snowball, is it something new?

Perpetual contracts + DEX, Gate is trying to dominate the entire ecosystem.

Have you experienced the Perp mode? Feels a bit risky.

Long or short, just pick freely, but I'm afraid of choosing the wrong direction and losing everything.

Time to study new tools again, contracts really get addictive.

Gate has been very active recently, are they trying to overtake on the curve?

Snowball contracts, such a high-risk product, I prefer to watch from the sidelines.

From 1 to 10x, beginners should never be greedy. My painful lessons.

Contract trading is a matter of inches between heaven and hell, who understands the feeling of going bankrupt in a second.
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