[Gate Launches Event Contracts, Expanding Short-Term Price Direction Trading Options] According to the official announcement, Gate has officially launched a new trading product, Event Contracts. Users can access the Event Contracts section via the contract page in the Gate App (version v8.28.5) to experience the product. This offering is designed around 'price direction judgment,' allowing users to participate in trading without setting complex parameters such as leverage or margin. Users simply need to predict the price trend of assets like BTC and ETH within a specified future timeframe. It provides a simpler and more intuitive way to engage with the short-term market. The first batch of Event Contracts supports two major digital assets, BTC and ETH, covering multiple timeframes including 5 minutes, 15 minutes, 1 hour, and 4 hours. Each event revolves around the price direction of the underlying asset within the specified time period. Users can trade by choosing either bullish or bearish.