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Gate.io Has Added Karura(KAR) Margin Trading&Lending
Gate.io has added Karura(KAR) margin trading (KAR/USDT), allowing up to 3X leverage.
At the same time, margin lendin g and borrowing of the coin are available. You can lend your KAR to earn passive income (3.65%-365% APR).
Margin trading allow long and short positions and can facilitate price discovery as well as forming a more stable market. As a trader, you can borrow KAR to short it or borrow USDT to long it. For holders, you can lend your KAR to margin traders to earn interest on your holdings.
The Gate.io lending market is a peer to peer market where all the loans and borrowings are made between users. Gate.io does not participate in lending or borrowing.
Trade KAR at https://www.gate.io/margin_trade/KAR_USDT
Borrow KAR at https://www.gate.io/margin/borrow/KAR_USDT
Lend KAR at https://www.gate.io/margin/lend/KAR
Deposit KAR at https://www.gate.io/myaccount/deposit/KAR
About KAR
Karura is the all-in-one DeFi hub of Kusama. Founded by the Acala Foundation, Karura is a scalable, EVM-compatible network optimized for DeFi. The platform offers a suite of financial applications including: a trustless staking derivative (liquid KSM), a multi-collateralized stablecoin backed by cross-chain assets (kUSD), and an AMM DEX – all with micro gas fees that can be paid in any token.
Gate.io is a Cryptocurrency Trading Platform Since 2013
Read the original article at gate-io At the same time, margin lendin g and borrowing of the coin are available. You can lend your KAR to earn passive income (3.65%-365% APR).
Margin trading allow long and short positions and can facilitate price discovery as well as forming a more stable market. As a trader, you can borrow KAR to short it or borrow USDT to long it. For holders, you can lend your KAR to margin traders to earn interest on your holdings.
The Gate.io lending market is a peer to peer market where all the loans and borrowings are made between users. Gate.io does not participate in lending or borrowing.
Trade KAR at https://www.gate.io/margin_trade/KAR_USDT
Borrow KAR at https://www.gate.io/margin/borrow/KAR_USDT
Lend KAR at https://www.gate.io/margin/lend/KAR
Deposit KAR at https://www.gate.io/myaccount/deposit/KAR
About KAR
Karura is the all-in-one DeFi hub of Kusama. Founded by the Acala Foundation, Karura is a scalable, EVM-compatible network optimized for DeFi. The platform offers a suite of financial applications including: a trustless staking derivative (liquid KSM), a multi-collateralized stablecoin backed by cross-chain assets (kUSD), and an AMM DEX – all with micro gas fees that can be paid in any token.
Gate.io is a Cryptocurrency Trading Platform Since 2013
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Gate.io Team
July 21, 2021
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