Gate has listed ETF leveraged tokens XAU3L, XAU3S, XAG3L, and XAG3S.
TL;DR
Gate.com launched 3x leveraged ETF tokens for gold and silver (XAU3L, XAU3S, XAG3L, XAG3S) on January 20th, with a trading challenge offering up to 30,000 USDT in rewards for participants.
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PANews reported on January 20th that, according to an official announcement, Gate.com will officially launch its ETF leveraged tokens XAU3L, XAU3S, XAG3L, and XAG3S at 15:00 (UTC+8) on January 20th. All tokens support 3x leverage for long and short. Gate.com ETFs currently support trading in 266 tokens.
In addition, Gate will launch a new coin trading challenge from 15:00 on January 20th to 15:00 on January 30th (UTC+8). Users who register and participate in trading XAU3L/USDT, XAU3S/USDT, XAG3L/USDT, or XAG3S/USDT can participate in sharing a 30,000 USDT prize pool. Users can randomly receive 20-100 USDT for completing a specified trading volume each day, with a maximum cumulative reward of 700 USDT. If all participants meet the target, they can also share a 20,000 USDT reward based on their trading volume percentage. Furthermore, inviting friends to participate in trading can earn up to 500 USDT in blind box rewards.