Gate.io APP contracts are launched to chase limit orders, helping users improve transaction efficiency

The chasing limit order function is now available on Gate.io APP contracts, aiming to help users capture trading opportunities in market fluctuations more efficiently. This function automatically adjusts the entry price based on the market's best bid or ask price until the order is executed, canceled, or reaches the maximum chasing range set by the user. Currently, the chasing limit order function supports all perpetual contract transactions, including USDT-based and BTC-based. It is understood that the core advantage of chasing limit orders is to speed up transaction speed, reduce transaction costs, and increase order execution rate. By dynamically tracking market prices, users can effectively reduce manual operation errors, while enjoying the lower handling fees of limit orders, further optimizing the transaction cost structure.