Futures
Access hundreds of perpetual contracts
CFD
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
CRYPTO EXCHANGES MAKE MORE MONEY WHEN YOU LOSE. HERE IS HOW THE SYSTEM IS BUILT AGAINST YOU ☠️
Funding Rates
When you open a leveraged position, you pay a funding rate every eight hours. Long positions pay short positions when the market is bullish. Short positions pay longs when bearish.
The exchange takes a cut of every single payment. Every eight hours. On every open position. Across millions of traders simultaneously.
They do not care if you win or lose. They are collecting fees either way.
Liquidation Engine
When your leveraged position gets liquidated, the exchange does not just close your trade. They take your remaining margin as a liquidation fee before returning anything.
The more volatile the market, the more liquidations happen. The more liquidations happen, the more the exchange collects. Volatility is not their enemy. It is their product.
Spread and Slippage
Every trade you place has a spread between the buy and sell price. On high volume pairs it is small. On lower volume pairs it is significant. That difference goes directly to the exchange on every single trade you make, win or lose.
The Uncomfortable Truth
Exchanges are not rooting for you. They are not neutral platforms. They are businesses built on transaction volume, liquidations, and fees. Your activity generates their revenue regardless of your outcome.
The house does not need you to lose. It just needs you to keep trading.
What You Can Do
Trade less. Every unnecessary trade is a fee. Use spot over leverage when possible. Understand that the platform you trust with your money has financial incentives completely separate from your success.
Knowledge does not guarantee profit. But ignorance guarantees you will keep funding someone else’s.
Not financial advice. Do your own research before making any investment decisions.