- No official announcement on RECALL perpetuals by Gate.io yet.
- Speculation remains unconfirmed as of now.
- Binance is currently offering RECALL perpetuals.
Gate.io has not announced the launch of RECALL perpetual contract trading. No statements from Gate.ioโs executives or official channels confirm this initiative, while Binance currently hosts such contracts using USDT for RECALL trading.
Gate.ioโs silence on RECALL perpetual contracts contrasts with market expectations. Binance is leading with similar offerings.
Current Situation
Gate.io has not indicated plans to introduce RECALL perpetuals, according to recent data. No official communication has been issued by the company or its executives. Market observers remain focused on Binanceโs activities in the space.
Although Gate.io maintains operations in the derivatives sector, offering a RECALL perpetual contract remains unannounced. Dr. Lin Han has provided no statements to date. This leaves Binance as the primary provider of RECALL perpetual contracts to traders.
Impact on the Market
Without a Gate.io launch, the marketโs focus shifts to Binanceโs capabilities. These contracts allow users to trade RECALL with USDT, adding volatility and volume to Binanceโs trading platform. Analysts watch its impact on market behaviors closely.
Binance is excited to announce the launch of RECALLUSDT perpetual trading with leverage up to 50x, offering enhanced trading options for our users. โ Changpeng Zhao, CEO, Binance
The absence of a Gate.io launch may limit RECALLโs exposure and potential influence among diverse exchanges. Meanwhile, Binanceโs products leverage connections to technologies and financial strategies, establishing an advanced trading foundation compared to its competitor.
Future Prospects
For now, Gate.io appears to position itself outside RECALLโs perpetual market, while Binance benefits from exclusive trading volumes. The industry watches for any upcoming developments from Gate.io that may shift this dynamic.
About the author
Gate.io Stays Silent on RECALL Perpetual Trading Launch
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