Announcements Gate.io Will Remove XMR and ZEC from Collateral Currency in Unified Account

Gate.io Will Remove XMR and ZEC from Collateral Currency in Unified Account

2024-12-24 05:54:21 UTC 46478 Read

ZEC/USDT -4.88%

XMR/USDT + 0.45%

[//]:content-type-MARKDOWN-DONOT-DELETE
Gate.io îs going to adjust the Margin Adjustment Factor of the XMR and ZEC to zero to effectively remove the XMR and ZEC from collateral currency in the Unified Account on December 27, 2024.  With this change,  XMR and ZEC will no longer contribute to the calculation of Account Margin Balance and may impact the margin level for users who are using any of these two assets as collateral.

If you are affected users, please adjust your trading strategy or add other collateral assets beforehand to avoid any potential liquidation risks or losses that may result from this change.

Should you have any questions, don’t hesitate to contact our 24/7 customer support.

Thank you for your understanding and continued support.

Gate.io Team
December 24, 2024
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Gate.io Will Remove XMR and ZEC from Collateral Currency in Unified Account

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