Crypto firm Gate.io has revealed plans to discontinue perpetual contracts for five well-known privacy coins.
Gate.io to Delist Privacy Coin Perpetuals
Starting Dec. 25, 2024, trading for monero (XMR), dash (DASH), zcash (ZEC), horizen (ZEN), and verge (XVG) will switch to “reduce-only” mode, allowing traders to close existing positions but not open new ones. By 08:00 UTC on Dec. 26, all trading for these contracts will come to a complete stop.