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Gate.io Introduces Futures Trading Trigger Reverse Function to Help Users Flexibly Seize Market Opportunities
Gate.io has launched a new Trigger Reverse function for Futures Tradings, enabling users to quickly adjust positions and capitalize on trading opportunities during market fluctuations. This feature is now available on the web platform, while app users need to update their application to the latest version.
About the Trigger Reverse Feature:The Trigger Reverse feature is an innovative function that allows users to preset a trigger price for automatic position reversal. When the market reaches the specified price, the system will automatically close the current position at the market price and open a reverse position with the same quantity as the original position.
For example, if a user opens a long position of 1 BTC at $70,000 and sets $69,000 as the reverse trigger price, when BTC drops to $69,000, the system will automatically close the current long position at market price and immediately open a short position of 1 BTC.
Advantages of the Feature:**- Quickly Capture Market Opportunities: **By presetting a reverse trigger price, users can swiftly adapt to market changes and seize trading opportunities.**- Efficient Risk Control: **Automatically reverse positions during high market volatility to protect trading profits.**- Enhanced Trading Efficiency: **Reduce manual operations as the system executes reversals automatically, allowing users to quickly adjust positions.
How to Enable the Trigger Reverse Function:**- **Go to "Position Button Settings" and turn on the "Trigger Reverse" function.**- **Set the trigger price and click confirm to complete the configuration.Note: The Trigger Reverse function can be used directly on the web platform; app users should follow the steps above to enable it.We will continue to enhance our product features to provide an improved trading experience. If you have any questions or suggestions, feel free to reach out to our customer service team.
DisclaimerThe content herein does not constitute any offer, solicitation, or recommendation. You should always seek independent professional advice before making any investment decisions. Please be noted that Gate.io may restrict or prohibit the use of all or a portion of the Services from Restricted Locations. For more information, please read the User Agreement via https://www.gate.io/zh/user-agreement.
The Gate.io Team
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Gate.io TeamNov 8th, 2024
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