Gate officially launches event contract, expanding innovative trading scenarios in the crypto market

Gate, a leading global digital asset trading platform, has officially launched a new trading product at the Gate “front door”—Event Contracts. Designed around “price direction prediction,” the product does not require users to deal with complex settings such as leverage or margin. Users only need to judge the future price trend of assets such as BTC and ETH over a specified period to complete the trade, providing a simpler and more intuitive way to participate in short-cycle markets. Event Contracts are now available on the Gate App v8.28.5. Users can enter the Event Contracts section from the contracts page to experience the product.

The first batch of Event Contracts supported at this launch covers two major mainstream digital assets, BTC and ETH, across multiple timeframes: 5 minutes, 15 minutes, 1 hour, and 4 hours. Each event is based on the price direction of the underlying asset within a specified time window. To participate, users only need to choose either bullish or bearish. After the event ends, the system will complete settlement automatically according to the actual result. Users can also buy and sell their positions at any time based on changes in market prices to lock in gains or control risk without waiting for the event to end, improving trading flexibility.

In terms of the trading mechanism, Event Contracts adopt a probability pricing model. The price of each contract ranges from 0.01 to 0.99 USDT, corresponding to the market’s expectation of the probability that the event outcome will occur. For example, 0.65 USDT means the market believes the probability of this outcome is about 65%. The minimum trading amount is only 1.5 USDT, further lowering the participation threshold. Users can flexibly choose different price ranges to trade based on their own judgment.

Compared with traditional contract products, Event Contracts do not offer leverage, nor do they include mechanisms for adding margin or forced liquidation. A user’s maximum loss is limited to the amount paid when buying the contract, making the risk boundary clearer. If the event outcome matches the user’s prediction, the winning contracts held will be settled after the event ends according to the rule of 1 USDT per contract, and the platform does not charge any settlement fee. If the prediction is wrong, the value of the corresponding contract becomes zero.

Meanwhile, Gate has launched a special launch celebration for Event Contracts. The event starts on July 21 at 10:00 (UTC+8). The total reward pool is worth $50,000, featuring three types of gameplay: first order loss compensation, profit rewards, and trading volume incentives. After completing registration and participating in Event Contracts trading, users may have the chance to receive the corresponding rewards, further lowering the experience barrier for new users and increasing product participation.

In recent years, as digital asset trading scenarios have continued to diversify, demand from users for more lightweight and easier-to-understand trading products has been steadily rising. With this Event Contracts launch, Gate replaces the logic of traditional complex derivatives trading with a simple price direction prediction approach. While retaining the market competition attribute, it further lowers the product understanding and participation threshold, offering more convenient short-cycle trading options for different types of users.

As a global leading digital asset trading platform, Gate continues to optimize its diverse product ecosystem. The launch of Event Contracts further enriches the platform’s innovative derivatives product matrix, bringing more flexible and varied trading methods to the digital asset market. Looking ahead, Gate will continue to explore more trading underlyings, event types, and timeframes, continuously optimize the product experience, and further strengthen the global digital asset trading ecosystem by providing users with richer and more efficient investment tools and services.

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About Gate

Gate was founded in 2013, and the founder and CEO is Dr. Han. It is one of the world’s leading cryptocurrency and comprehensive financial service platforms. With over 58 million users, it supports 4,800+ types of crypto assets and 12,500+ types of stock assets trading, fully covering TradFi assets such as metals, stocks, indices, foreign exchange, and commodities. It provides users with a one-stop, multi-asset allocation trading experience. As an industry benchmark, Gate was among the first to achieve 100% Proof of Reserves, covering a diversified product and ecosystem layout including Gate Wallet, Gate Ventures, Gate for AI Agent, and more.

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