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      Gate.io will Adjust the Funding Interval and Max Leverage for LOKA/USDT Perpetual Contract

      1.To provide better user experience and mitigate risks to users on the current market conditions, Gate.io will adjust the funding interval of LOKA/USDT perpetual contract to 4 hours, starting 16:00 UTC, September 24, 2024.

      2. To provide users with enhanced trading experience, Gate.io periodically reviews perpetual specifications and parameters based on market conditions and may make adjustments accordingly. After the recent review, Gate.io has adjusted the max leverage for the LOKA/USDT perpetual, from 5X to 50X.
      The adjustment to the above perpetual contract has come into effect.
      Positions opened before will still have the max leverage before the adjustment.

      Should you have any questions, don’t hesitate to contact our 24/7 customer support.
      Thank you for your continued support.

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      Gate.io Team
      September 24, 2024
      Read the original article at gate-io

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