Dear traders,
Phemex will add the spot and contract trading support for GAL at 10:00 AM UTC on May 10, 2022. Users can trade both the GAL/USDT spot trading pair as well as the GAL/USD linear contract.
About GAL: GAL is the native token of Project Galaxy. Project Galaxy is the largest Web3 credential data network in the world. Built on open and collaborative infrastructure, Project Galaxy helps Web3 developers and projects leverage credential data to build better products and communities. Project Galaxy is building the infrastructure to power an open and collaborative credential data network.
Spot Trading Guides:
Contract Trading Guides:
- What are Initial and Maintenance Margins?
- What is Cross and Isolated Margin?
- What is Liquidation?
- How is Liquidation Triggered for Cross Margin Positions?
Risk Warning: Contract trading is a high-risk activity with the potential for huge gains and losses. This information should not be regarded as investment advice from Phemex. All trading is done at your own discretion and your own risk. Phemex is not liable for any losses resulting from contract trading.
Happy Trading!
Phemex