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      Gate.io will Delist HT/USDT Perpetual

      Gate.io will delist HT/USDT perpetual contract on January 25, 2024 at 08:00 UTC.

      At 08:00 UTC on January 23, 2024 the HT/USDT contract will be in reduce-only mode;
      At 08:00 UTC on January 25, 2024, any open order of the HT/USDT contract will be canceled, any open position will be auto-settled based on the average index price from 07: 30 to 08:00 UTC on January 25, 2024 (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 Contract
      Gate.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.


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      Gate.io Team
      January 22, 2024
      Read the original article at gate-io

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