https://www.gate.io/docs/developers/apiv4/en/#create-a-futures-order says quanto_multiplier determines how much currency 1 size contract represents. There are cases where "quanto_multiplier":"0", e.g. in https://api.gateio.ws/api/v4/delivery/btc/contracts. Seems to be the case for inverse contracts where the quote currency is USD. How to determine how much currency 1 contract is in such case? Always 1 USD? Can this ("quanto_multiplier":"0") happen for other currencies as well?
Hello there,
https://www.gate.io/docs/developers/apiv4/en/#create-a-futures-order says
quanto_multiplier
determines how much currency 1 size contract represents. There are cases where"quanto_multiplier":"0"
, e.g. in https://api.gateio.ws/api/v4/delivery/btc/contracts. Seems to be the case for inverse contracts where the quote currency is USD. How to determine how much currency 1 contract is in such case? Always 1 USD? Can this ("quanto_multiplier":"0"
) happen for other currencies as well?Thanks, L.