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Coin Price 24h %

Gate.io Startup Projects Adopt Limit Order System for Trading

2019-04-29 09:49:29Read:275867

Gate.io Startup is a platform that aims to provide users with access to innovative and advanced projects. Traders now have more opportunities to make initial investment.

Most blockchain projects are still in their initial development stage, with a high probability of failure and come with major investment risks. However, we are hoping that through Gate.io Startup, projects with potential can be offered with more opportunities while investors can maximize their gains by analyzing and investing in these projects. To assist traders in investment decision making, we have conducted in-depth research report for every project.

For the past 6 years, Gate.io has listed over 200 projects with which users can trade freely and securely on our transparent and convenient platform. However, the recently listed Startup projects have seen major pullbacks and many trades had experienced losses due to the price volatility. Therefore, we decided to adopt the limit order when a Startup project is listed on Gate.io Exchange.

1) The token price of the Startup Sale is set as “P0”
2) Set the Fluctuation Factor “C0” and Time Factor “T0”
3) The minimum opening price is calculated as follows (temporary calculation rule, total trading time is calculated in seconds) :

Psell = P0/(1+C0+T0* Total Trading Time/15 minutes)
Total Trading Time= Current Time – Market Opening Time

4) The maximum opening price is calculated as follows (temporary calculation rule, total trading time is calculated in seconds):
Pbuy = P0 (1+C0+T0 Total Trading Time/15 minutes)
Total Trading Time= Current Time – Market Opening Time

5) In the initial stage of trading, users will not be able to place orders with price lower than “Psell” or higher than “Pbuy”.
6) Users who do not want to buy or sell within this price range can postpone the trade until the range becomes wider.
7) The factors “P0”, “C0”, “T0” will be announced in the trading service announcement.
8) The above price calculation rule is temporary, changes to details are possible in the future depending on market performance.

We sincerely appreciate your continuous support.

Please note that the liquidity is low in the project’s initial trading stage, the market price will be volatile and might see pullbacks from its high opening price. Please be aware of the market risks and place your investment cautiously.

Gate.io is a trading platform that does not charge listing fee, only launches quality projects, and provides users with a 100% guarantee and instant deposit-withdrawal services.
Get 30% trading fee in the affiliate program at https://www.gate.io/myaccount/myreferrals

Gate.io New Features:
Spot Trading on Gate.io (200+ tokens):https://www.gate.io/trade/BTC_USDT
Margin Trading on Gate.io (Long or Short):https://www.gate.io/margin_trade/BTC_USDT
Perpetual Contract Trading:https://www.gate.io/futures_trade/BTC_USD
Lending on Gate.io (secure and stable, high annual return):https://www.gate.io/margin/lend/USDT
C2C Trading on Gate.io:https://www.gate.io/c2c/usdt_cny
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Gate.io
April 29, 201