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Futures
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Gold
Trade global traditional assets with USDT in one place
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Hot
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Unified Account
Maximize your capital efficiency
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Participate in events to win generous rewards
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Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
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Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and enjoy airdrop rewards!
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Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
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Auto-invest on a regular basis
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Buy low and sell high to take profits from price fluctuations
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Earn rewards with flexible staking
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0 Fees
Pledge one crypto to borrow another
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One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
New
No forced liquidation before maturity, worry-free leveraged gains
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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🚨 URGENT: SURGE IN OIL PRICES IS THE WORST THING THAT COULD HAPPEN TO BITCOIN AND CRYPTO RIGHT NOW.
It has just been announced that the Strait of Hormuz has been completely blocked, meaning oil tankers can no longer pass through there.
To give you some context, 20% of the total oil supply passes through here and is now blocked, which could cause oil prices to spike.
High oil prices drive global inflation and put the Fed and central banks in a deadlock: either tolerate inflation or raise interest rates with the economy slowing down.
And if interest rates rise, the available money for risk assets dries up. Bitcoin and crypto included.
The coming days will be crucial to see the overall direction. This would be the worst-case scenario in the short term.