Gate.io's Unified Account is officially released, offering a diverse trading experience.
Dear Gate.io users, with the rapid development of the cryptocurrency industry, Gate.io has been continually striving to explore methods that surpass and meet customer needs. We are delighted to announce that Gate.io has officially launched its next-generation trading - the Unified Account.
Gate.io’s Unified Account
The Unified Account is Gate.io’s newest trading . Its key feature is to remove the separation of funds in different accounts found in traditional s. This change allows for sharing of margins across various currencies and products. Users can easily manage their funds across different trades without the need for complicated fund transfers. Also, in the Unified Account mode, profits and losses from different trades can balance each other out, leading to better use of funds.
In the Unified Account mode, spot margin trading, BTC perpetual contracts, and USDT perpetual contracts are considered as a whole, collectively defining the account net value, margin value, and maintenance margin requirements. This integrated design offers users a more convenient and efficient trading experience, while also making the flexible use of funds possible. The launch of the Unified Account marks Gate.io’s relentless effort in trading innovation, committed to creating a more convenient and efficient trading environment for users.
Advantages of Gate.io’s Unified Account
Comprehensive Product Experience
Under the Unified Account , you can directly trade a wide range of products including spot, spot margin, USDT perpetual contracts, delivery contracts, and options. This eliminates the need for frequent fund transfers between multiple accounts, making operations simple and convenient.
Higher Fund Utilization
We support over 60 assets as margin, enabling margin sharing across different business lines and offsetting profits and losses from different positions. Unrealized profits can be directly used as margin for opening new positions, maximizing fund utilization.
Improved Risk Control
Compared to the liquidation mechanism in classic accounts, the Unified Account offers a more comprehensive approach. Classic accounts might amplify losses as they don’t consider the user’s overall asset portfolio. In Gate.io’s Unified Account, as long as the total assets in the account meet the initial and maintenance margin requirements, users can continue to open or hold positions. Even if a particular currency incurs significant losses, the user’s account won’t be forcibly liquidated, providing a better risk control experience.
Differences Between the Unified Account and Classic Account
Unified Account Optional Modes
Classic Spot
This mode is suitable for spot trading. Each trade has its own independent position and margin, which cannot be shared with others. Users can independently allocate funds for each business, effectively controlling their loss range.
Cross-Currency Margin
Applicable to spot and spot margin trading, USDT perpetual contracts, delivery contracts, and options. When the collateral assets in the account are converted to USD, trading products with the same or different settlement currencies can share margin. Profits and losses can offset each other, and floating profits can be used to open new positions.
Risk Control Mechanism of Unified Account’s ‘Cross-Currency Margin’
We warmly invite you to try out the Unified Account and enjoy easier and more efficient trading. If you have any questions or ideas, please don’t hesitate to reach out to our customer service team. We’re here to help you in any way we can.
Author: Global Marketing Mason
This article represents only the views of the researcher and does not constitute any investment suggestions.
Gate.io reserves all rights to this article. Reposting of the article will be permitted provided Gate.io is referenced. In all cases, legal action will be taken due to copyright infringement.
