Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
Gate.io, one of the earliest and largest cryptocurrency exchanges, recently announced that the exchange exceeded 12 million active registered users and rose to third place in global exchange rankings. Attributing the growth to its wide range of cryptocurrency offerings and security features, as well as recent initiatives like implementing zero-fee trading, overhauling its brand with new mascots, and proactively expanding global operations in new regions.
Access to a wide range of cryptocurrencies
Standing out among exchanges with the largest selection of assets, which currently sits at over 1500, Gate.io has been able to attract new and retain existing users with its ever-growing list of cryptocurrencies. Users can easily navigate the diverse crypto landscape, from mainstream assets and stablecoins to Web3 and DeFi, all on one platform.
A global and compliant platform
Gate.io's leading offerings are reaching more users globally, with one of the most prominent driving forces behind the exchange's growth being the establishment of operations and acquisition of licenses in countries such as Malta, Lithuania, Dubai, and several others. Gate.io has made significant progress in its ongoing global expansion push.
Putting user asset safety first
Additionally, Gate.io has taken significant steps to increase user asset safety and transparency in the wake of asset theft and platform insolvencies across the industry. As the first exchange to provide user-verifiable proof-of-reserves audited by a certified third-party firm, Gate.io is currently in the process of another audit to reassure its users.
"At Gate.io, every step forward is taken with user safety being front and center and is a result of our mission to constantly enhance our security, products, and accessibility to crypto. We remain confident in the industry's ability to weather the market cycles, and continued growth is a sign of the better times ahead," said Dr. Lin Han, CEO and Founder of Gate.io.
Taking all the incentives and activities, zero-fee trading, and continued development of the platform's offerings and products, combined with expanded global reach, Gate.io has been able to revive and even strive during the bear market.
About Gate.io Group
Gate.io Group is one of the pioneers in the crypto industry. It has established a comprehensive ecosystem, which includes a cryptocurrency exchange, public blockchain, decentralized finance, research and analysis, venture capital investing, wallet services, startup incubator labs and more.
Gate.io is a leading global cryptocurrency exchange under Gate.io Group. Gate.io offers services related to the trading of multiple leading digital assets, and it has grown to serve over 10 million users around the world. It has been consistently ranked as one of the top 10 cryptocurrency exchanges based on liquidity and trading volume on CoinGecko and has received a rating of 4.5 by Forbes Advisor, making it one of the Best Crypto Exchanges for 2021.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.