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Gate Event Contracts Launched! Bet On The Direction Of Major Crypto Market Moves A Simple Alternative. Gate has launched its Event Contracts product, aimed at empowering users to participate in market movements by simply predicting the price action of major crypto assets like BTC and ETH.

Instead of dealing with complicated margins and leverages, Gate’s Event Contracts ask users to predict whether the price will move up or down within a defined period.

To celebrate the launch, there is also a 50,000 USDT Launch Carnival where eligible users can enjoy trading fee rebates, trial funds, and other incentives based on their trading activities. You can find out more details about the campaign on their official website, including potential profit and loss calculation for the Event Contracts. Key Features: Simplified trading: Users predict only the direction of price change (up or down). Low entry barrier: Start participating with small amounts and simple logic.

* Real-world market: Contracts based on the actual market price of major crypto assets.

* Accessible to new users: May include protection for first trades for new users. Event Contracts present a user-friendly alternative for engaging with crypto market trends, particularly for those who may find traditional futures and options trading daunting. The growing popularity of prediction-based trading also indicates a broader shift towards simplified yet engaging experiences within the digital asset space.

Share your thoughts in the comments below: Do you prefer this type of simplified prediction-based trading, or are traditional spot and futures markets your go-to?

‍#CryptoTrading #GateSquare