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      Gate.io Will Delist CBBCs...

      As part of our effort to provide users with the best service, Gate.io constantly evaluates and adjusts product and service offerings to make sure we always offer the most requested and trending products to keep up with the ever-changing industry. As a result of the recent evaluation, adjustments will be made to the existing product line. We are planning to delisting the CBBCs and add more exciting new features in the near future.

      Starting December 21, at 08:00 UTC, CBBC will enter the reduce-only mode. No new CBBC position or orders aimed to add position will be allowed. CBBC positions or orders entered/placed before December 21, at 08:00 will not be affected.
      On December 28, at 08:00 UTC, any CBBC open orders will be canceled and any positions will be auto-settled based on prevailing market price. Assets in CBBC Account (including Gate Point) will be transferred to Spot Account (or Unified Account). Transfer to CBBC account will no longer be supported.

      After the removal of the CBCCs, the history of CBCC accounts will still be kept for query. Users can still view CBBC transaction history.However the entry point to CBBC account on both web or app will be removed at a later time without further notice.

      If you are an affected user, you are recommended to adjust your trading strategy beforehand.


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      Gate.io Team
      December 15, 2023
      Read the original article at gate-io

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