Gate Event Contract Online: Trading BTC/ETH Price Trends Gate has officially launched a new product - Event Contract. Event contract is a trading product with "price direction judgment" as its core. Users do not need to pay attention to margin or leverage settings, but only need to make judgments on the price trend of a certain event to complete a transaction. The product rules are simple and transparent, supporting automatic settlement at the end of the event and the ability to close positions at any time before the event ends, helping users participate in short-term market trading in a more relaxed way. What is an event contract? Event contract is a trading product with "price direction judgment" as its core. Just judge the price trend of BTC, ETH and other assets in the next 5 minutes, 15 minutes and other time periods, choose bullish or bearish, select the price, enter the quantity and submit the order in the order book to participate in trading. For example, if the current event is "BTC 5-minute rise and fall (14:15-14:20)", and the user determines that the BTC price will be higher at 14:20 than at 14:15, they can choose to be bullish; Otherwise, choose bearish. After the event is over, the system will settle based on the actual results; If the judgment is correct, the winning contract held by the user will receive settlement value according to the rules. The core mechanism of the product has a low threshold for participation, with a price range of 0.01 to 0.99 USDT per contract. The price itself reflects the market's probability pricing of the result, and the minimum transaction amount is only 1.5 USDT to participate in event trading. The rules are simple, transparent, and correct: After the event ends, each winning contract will be settled at 1 USDT without any settlement fees. Error in judgment: The corresponding contract value is reset to zero, and no settlement fee will be charged. No leverage, easier to control risk events. The contract does not provide leverage, no forced liquidation or margin call mechanism, and the maximum loss is only the amount paid when buying the contract. Before the end of the early closing event, users can sell their positions through the order book at any time, flexibly take profits or stop losses, without waiting for the event to settle. USDT can be directly traded using USDT to participate in event contract trading, with simple operation and quick completion of orders. The first batch of online targets and cycle support targets: BTC, ETH price direction events. Support period: The first batch supports short period events of 5 minutes, 15 minutes, 1 hour, and 4 hours, and will continue to enrich more targets and time periods in the future. How to participate? Open the Gate App (v8.28.0) and enter the [Contracts] page. Switch to the [Event Contracts] category to start trading. More information about event contracts can be found. Introduction to event contract functions and FAQ on event contracts Gate team July 16th, 2026