Hey there, fellow traders and crypto enthusiasts! I’ve got some thrilling news to share with you today straight from Gemini Foundation. They’ve just announced the listing of five new perpetual contracts on their derivatives platform, and I couldn’t wait to tell you all about it! So, what’s the big deal? Well, let me break it down for you. Gemini Foundation is expanding its derivatives offerings, and they’re now introducing perpetual contracts for AVAX, DOGE, DOT, LINK, and LTC, all paired against Gemini Dollars (GUSD). And guess what? You can trade these contracts with leverage of up to 100x! How awesome is that?
Now, before you get too excited, there are a few things you need to know. Gemini Foundation’s derivatives platform is available in specific jurisdictions around the world. You can find out if your country is on the list on their website. Unfortunately, if you’re in the US, UK, or EU, you’ll have to sit this one out for now.
But if you’re eligible and ready to jump in, here’s how you can get started:
- Create Your Account : If you haven’t already signed up for a Gemini account, now’s the time! Head over to their website and get yourself registered. You’ll receive both a spot and derivatives trading account.
- Activate Derivatives Account: For existing Gemini spot users in eligible jurisdictions, it’s super easy to activate your derivatives account. Just log in via your desktop or mobile web browser, select the Account dropdown menu, and hit “Activate Now” next to the Derivatives Account option. Then, review and accept the terms and conditions, and you’re good to go!
- Transfer GUSD: Once your derivatives account is activated, transfer some GUSD into it, and you’re all set to start trading those shiny new perpetual contracts!
Gemini Foundation is committed to expanding their derivatives offerings and making sure you have the best trading experience possible. So, stay tuned for more updates as they continue to add new perpetual contracts and make improvements to the platform.
For all the nitty-gritty details, head over to Gemini Foundation’s derivatives page at www.gemini.com/derivatives.
Alrighty, folks, that’s all for now. Time to dive into those new contracts and make some magic happen! Happy trading!
