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Gate.io Has Added Compound(COMP) Margin Trading&Lending

2021-04-22 13:12:14Read:13414

Gate.io has added Compound(COMP) margin trading (COMP/USDT), allowing up to 3X leverage.
At the same time, margin lendin g and borrowing of the coin are available. You can lend your COMP to earn passive income (3.65%-365% APR).
Margin trading allow long and short positions and can facilitate price discovery as well as forming a more stable market. As a trader, you can borrow COMP to short it or borrow USDT to long it. For holders, you can lend your COMP to margin traders to earn interest on your holdings.
The Gate.io lending market is a peer to peer market where all the loans and borrowings are made between users. Gate.io does not participate in lending or borrowing.

Trade COMP at https://www.gate.io/margin_trade/COMP_USDT
Borrow COMP at https://www.gate.io/margin/borrow/COMP_USDT
Lend COMP at https://www.gate.io/margin/lend/COMP
Deposit COMP at https://www.gate.io/myaccount/deposit/COMP

About COMP
Compound is a decentralized creating a safe positive-yield approach to storing assets. Compound is a protocol on the Ethereum blockchain that establishes money markets, which are pools of assets with algorithmically derived interest rates, based on the supply and demand for the asset. Suppliers (and borrowers) of an asset interact directly with the protocol, earning (and paying) a floating interest rate, without having to negotiate terms such as maturity, interest rate, or collateral with a peer or counterparty. Each money market is unique to an Ethereum asset, and contains a transparent and publicly-inspectable ledger, with a record of all transactions and historical interest rates.

Gate.io is an established exchange that holds integrity, transparency, and fairness to a very high standard. We charge zero listing fees and only choose quality and promising projects. Our exchange consists only of 100% real trading volume. Thanks to everyone who has joined us in our journey. We always intend to improve and innovate to reward our users for their continuous support.


Gate.io Team
April 22, 2021

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