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- 🎉 Gate US Stock Token Trading is Now Live! Spot, Futures, and Alpha Zone – All Open!
📝 Share your trading experience or screenshots on Gate Square to unlock $1,000 rewards!
🎁 5 top Square creators * $100 Futures Voucher
🎉 Share your post on X – Top 10 posts by views * extra $50
How to Participate:
1️⃣ Follow @Gate_Square
2️⃣ Make an original post (at least 20 words) with #Gate US Stock Trading Share#
3️⃣ If you share on Twitter, submit post link here: https://www.gate.com/questionnaire/6854
Note: You may submit the form multiple times. More posts, higher chances to win!
📅 July 3, 7:00
- 🎉 Congratulations to the following users for winning in the #Gate CBO Kevin Lee# - 6/26 event!
KaRaDeNiZ, Sakura_3434, Anza01, asiftahsin, GateUser-d0654db3, milaluxury, Ryakpanda, 静.和, milaluxury, 币大亨1
💰 Each winner will receive $5 Points!
🎁 Rewards will be distributed within 14 working days. Please make sure to complete identity verification to be eligible.
📌 Event details: https://www.gate.com/post/status/11782130
🙏 Thank you all for your enthusiastic participation — more exciting events are on the way!
- 🔥Post & Earn Passive Income! Gate Square’s "Content Mining" Channel is Now Open!🔥
Every post has a chance to earn up to 10% rebate from user trading fees.
Text, images, or videos—earn while you share!
Sign up now 👇Turn your social influence into real cash!
https://www.gate.com/announcements/article/45695
- #Gate Ranks Top 4 Exchange#
Gate has reached the Top 4 global crypto derivatives exchanges on CoinMarketCap, with a 24-hour trading volume exceeding $15 billion. Enjoy some of the lowest fees in the industry—maker fees as low as 0.015%. Gate is committed to providing users with a more efficient and cost-effective trading experience, making it your top choice for crypto trading!
Start trading now:
👉 Spot Trading: https://www.gate.com/trade
👉 Alpha Trading: https://www.gate.com/alpha
👉 Futures Trading: https://www.gate.com/futures
💬 What derivatives or other products have you recently traded
Bitcoin Cash $BCH$: Onchain Overview
Surging Open Interest
The surge in open interest for BCH futures contracts is a strong indicator of the growing market sentiment towards the cryptocurrency. Open interest refers to the number of unsettled futures contracts and can indicate new money flowing into the market or existing participants increasing their allocation. Data shows that BCH open interest skyrocketed from $75 million to over $400 million within a week. The majority of this trading interest originated from Binance, where traders opened $240 million worth of BCH long or short positions.
Retail Trader Attention and Social Dominance
The surge in BCH's price and trading activity has attracted the attention of retail traders. Social discussions about BCH have reached their highest levels in three years, indicating a growing interest and engagement with the cryptocurrency. Retail traders have taken notice of the sudden price movement and the potential for profit. Additionally, trading volumes for BCH this year have hit record levels, further emphasizing the increased retail trader participation.