Applicable Instructions
This article applies to: Gate Web platform
Preparation before operation: Account registration completed and contract trading permissions enabled
Estimated time required: 5 minutes
Objective
This article will guide you on how to filter suitable contract trading assets on the Gate Web platform based on market indicators and trading data.
Steps
Step 1: Choose Major Cryptocurrencies as Primary Assets
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Log in to the Gate Web platform and navigate to the Contract Trading page.
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In the trading pair list, prioritize the following two major cryptocurrencies:
- BTC: As the benchmark of the crypto asset market, BTC has the highest market share. Its price trends determine overall market bull or bear conditions.
- ETH: Ranked second in market capitalization, with about 20% market share. ETH is regarded as the indicator for altcoin market trends.
Step 2: Filter Quality Assets by Market Capitalization
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Visit a market capitalization tracking tool (such as Coinmarketcap or Coingecko).
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Check the market capitalization ranking of your target cryptocurrency.
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Give priority to cryptocurrencies with higher market capitalization, because:
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High market capitalization means more holders and stronger market consensus
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Price fluctuations are relatively stable, and liquidation risk is lower during extreme market conditions
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Step 3: Filter by 24-Hour Trading Volume
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On the Gate Contract Trading page, review the list of USDT-margined perpetual contract trading pairs.
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The system defaults to sorting by 24-hour trading volume from highest to lowest.
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Select trading pairs with higher trading volume rankings. These assets feature:
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Greater liquidity
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Smaller spreads and slippage
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More accurate technical indicator performance
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Step 4: Focus on Market Hotspots and High Volatility Assets
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In the trading pair list, check the 24-Hour Change column.
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Pay special attention to trading pairs with larger price changes.
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Stay informed about trending market sectors (such as DeFi, NFT, Metaverse, Gaming, etc.).
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Choose leading cryptocurrencies from popular sectors as trading assets.
Notes
- Cryptocurrencies with higher market capitalization generally have lower volatility and are suitable for conservative traders.
- High-volatility assets may offer greater returns, but also carry higher risk.
- It is recommended to regularly monitor market trends and adjust your trading assets accordingly.
- Sector rotation among different categories can affect the performance of various cryptocurrencies, so respond flexibly.
Frequently Asked Questions
Q1: Which is more suitable for beginners, BTC or ETH?
A: BTC has the largest market capitalization and relatively stable price movements, making it more suitable for beginners. ETH is more volatile and requires a certain level of market judgment.
Q2: How can I determine if a cryptocurrency has sufficient liquidity?
A: Mainly by looking at the 24-hour trading volume. Cryptocurrencies ranked higher in the contract trading pair list generally have better liquidity. It is recommended to prioritize assets ranked in the top 20 by trading volume.
Q3: Are altcoin contracts riskier than major cryptocurrencies?
A: Yes. Altcoins typically have lower market capitalization and poorer liquidity, leading to more dramatic price swings and higher liquidation risk. Beginners are advised to start practicing with major cryptocurrencies like BTC and ETH.
Disclaimer: This article is for reference only and does not constitute investment advice. Contract trading involves leverage risk and may result in loss of principal. Please make decisions prudently according to your own risk tolerance.
Disclaimer
The content provided herein is for reference and educational purposes only and does not constitute any financial, investment, trading, or legal advice, nor does it constitute an offer or solicitation to buy or sell any digital assets. Gate makes no express or implied representations or warranties regarding the accuracy, completeness, or timeliness of the information contained herein. Product features, interfaces, rules, and fee structures may be updated or adjusted at any time. Please refer to the latest announcements and the actual information displayed on the Gate platform for the most accurate details.
Digital asset investments involve significant risk, and prices may fluctuate substantially. You may lose the entire amount of your investment. Please make decisions cautiously based on your own financial situation and risk tolerance after fully understanding the associated risks. If necessary, you are advised to consult an independent professional financial or legal advisor.
For more information about potential risks, please refer to Gate's Risk Disclosure and User Agreement.
