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      Gate.io will Delist DAO, HIFI,QRDO, BTM,BONK,PSG,CVP,SAMO,OAS,TFUEL, PORTO,ACS,STEEM,WAXP,PUNDIX,XAUG,NEXO,GST,AUCTION,HIVE,PROM,REQ,ANC Perpetual Contracts

      Gate.io will delist the following perpetual contracts on July 10, 2023 at 08:00 UTC, due to insufficient liquidity and trading interest:

      DAO_USDT,HIFI_USDT,QRDO_USDT,BTM_USDT,PSG_USDT,BONK_USDT,CVP_USDT,SAMO_USDT,OAS_USDT,TFUEL_USDT,PORTO_USDT,ACS_USDT,STEEM_USDT,WAXP_USDT,PUNDIX_USDT,XAUG_USDT,NEXO_USDT,GST_USDT,AUCTION_USDT,HIVE_USDT,PROM_USDT,REQ_USDT,ANC_USDT

      At 04:00 UTC on July 6, 2023 the above contracts will be in reduce-only mode;At 08:00 UTC on July 10, 2023, any open order of the above contracts will be canceled, any open position will be auto-settled based on the average index price from 07: 30 to 08:00 UTC on July 10, 2023 (View Auto-Settlement Price for Delisted Perpetual Contract for details).If you are trading the above perpetual contracts, it is highly recommended that you adjust your trading strategy and close your position beforehand.

      Auto-Settlement Price for Delisted Perpetual ContractGate.io will use the average of index prices over half an hour before the delisting time as the auto-settlement price.In the case of significant fluctuation during the last half an hour before delisting, Gate.io will use the average of index prices over an extended time period to avoid market manipulation.Gateway to CryptoTrade over 1,400 cryptocurrencies safely, quickly and easily on Gate.io

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      Gate.io TeamJuly 4, 2023

      Read the original article at gate-io

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