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Cryptocurrency News Articles

Gate.io Officially Announces the Launch of Spot and Perpetual Contracts Trading for Pi Network (PI)

Feb 20, 2025 at 04:04 pm

Gate.io has officially announced the launch of spot and Perpetual contracts trading for Pi Network (PI). According to the exchange, PI spot trading will commence at 8:00 AM UTC on February 20, 2025.

Gate.io Officially Announces the Launch of Spot and Perpetual Contracts Trading for Pi Network (PI)

cryptocurrency exchange Gate.io has announced the launch of spot and perpetual contracts trading for Pi Network (PI).

The exchange will open PI spot trading at 8:00 AM UTC on February 20, 2025. Additionally, Gate.io will introduce a USDT-margined PI perpetual contract (PI/USDT) with up to 50X leverage, offering traders new opportunities for margin trading.

Moreover, Gate.io Launchpool has added PI to its staking program, enabling users to stake PI and earn either GT or BTC rewards. Here are the details of the staking events:

Event 1: Stake Pi Network (PI) to earn 1,000 GT

Event 2: Stake Pi Network (PI) to earn 0.2 BTC

This move by Gate.io highlights the increasing interest in Pi Network's ecosystem as its mainnet launch approaches.

With both spot trading and leveraged perpetual contracts becoming available, traders and investors will now have broader options to engage with PI. At the same time, the staking program provides an additional incentive for long-term holders to generate passive income.

Disclaimer:info@kdj.com

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Other articles published on Feb 21, 2025