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Gate has launched a contract asset interest-earning feature.
Odaily News According to official sources, Gate has officially launched the industry's first contract asset interest generation function, allowing users to automatically generate income from USDT in their contract accounts without affecting trading, achieving “trading and appreciation” in parallel. It is reported that this function is currently applicable to users of the classic spot model. When the USDT balance in the contract account is not less than 10, after enabling the “holding currency interest” function, the system will automatically take a daily snapshot and distribute interest to the spot account based on the balance. During this period, funds can still be normally used for Enter a Position, add Margin, and other operations, without affecting any trading activities. Gate stated that the system will take snapshots at multiple points in time each day, using the average balance as the interest calculation principal to ensure fair and transparent income calculation. Previously, the platform had launched the holding currency interest service in the spot account, allowing users to earn income through idle assets.