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      Gate.io will Delist Premarket DOGS/USDT Perpetual

      Gate.io will delist premarket futures DOGSIUSDT perpetual contract on August 19 2024 at 02:00 UTC.
      At 02:00 UTC on August 18, 2024 the DOGS/USDT contract will be in reduce-only mode;
      At 02:00 UTC on August 19 any open order of the DOGS/USDT contract will be canceled, any open position will be auto-settled based on the average index price from 01: 30 to 02:00 UTC on August 19 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
      August 17, 2024
      Read the original article at gate-io

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