The leading cryptocurrency exchange Gate.io was founded in 2013 and is now celebrating its eighth anniversary. This is an impressive milestone in the ever-changing crypto landscape, but the company is not resting on its laurels. Gate.io continues to take the initiative to innovate and offer many new services for digital asset traders and DeFi startups.
A seasoned crypto exchange you can trust
In a world where so many new services are popping up every day, Gate.io, operating for 8 years, is an important sign of sustainability and dedication. While other platforms collapsed or just disappeared overnight, Gate.io has held out for so long and always focused on providing a safe, secure and reliable service to its users. This has earned it a loyal following of fans who have stuck to it over the years, and the respect they can call themselves veterans of the field.
Gate.io, as one of the world’s long-term trading platforms with the largest transaction volume, deeply understands the importance of blockchain asset security and always puts the security of user assets first. Through both centralization and decentralization, Gate.io has launched a variety of secure fund storage solutions. It not only guarantees the convenience of transactions, but also guarantees the safe storage of funds.
Users familiar with Gate.io know that security is embodied in all aspects of the platform: GateChain secure DeFi ecosystem, secure hardware fingerprint wallet Wallet S1, contract security audit and the most innovative secure smart public chain, and so on. The principle of “security always comes first” has been thoroughly integrated into Gate.io’s corporate philosophy. Even Gate’s cryptopedia is always sending out the message that users should always use security equipment to protect their digital assets.
In CoinGecko’s Trust Score 2.0 scoring system list, Gate.io ranks in the top five in the world, with a trust score of 10 points, which is one of only 8 exchanges to have achieved a perfect score of 10 on nearly 400 exchanges in the world. In addition, Gate.io also set up a collateral system in May 2020 to provide every user with 100% collateral to ensure the safety of user assets – fundamentally eliminating runs and insolvency.
A great platform for Crypto and DeFi startups
The cryptocurrency market has changed a lot since 2013 and Gate.io had to offer new services to meet customer demands and other challenges. A good example of this is the success of the company’s platform in launching new crypto projects. Gate Startup helped launch some great DeFi projects like DAO, HAPI, WOO, KAI, and the return on the first launch project is ranked third in the world according to statistics from CryptoRank.
Gate.io Startup aims to help the development of the blockchain industry and technology innovation. Since 2020, the Gate trading platform has also upgraded its Startup platform and established stricter audits and standards for projects and investor selections. Gate Startup offers more than just fundraising for high value projects around the world, it also adds more flexible and diversified services.
The Startup platform continues to launch and purchase high-quality projects from BTC and ETH at a discount, bringing new vitality into the IEO method. Gate is gradually gaining verification and recognition from the market and users. On the other hand, Gate has also provided sufficient market enthusiasm and focus for the high-quality projects on the Startup platform, supplemented with funds and community drivers and gradually formed a virtuous and positive market cycle.
Gate.io Startup not only draws more high-value projects to the platform, but also raises barriers to entry and created multiple protections for investment users.
To safeguard Startup’s reputation, Gate.io announced an unprecedented rule: if the project breaks within a year, the platform will redeem the user’s currency at 65% of the issue price. This was the first time ever for such a thing in the industry, demonstrating Gate.io’s determination to be responsible for the safety of its users.
Gate.io continues to take the initiative to innovate
Gate.io has also continued to develop new investment products and assets for its merchants. In August 2019 it launched Wealth Management; In February 2020, ETF leveraged to provide users with medium and high risk preferences with more trading options; In July 2020, the pro version of the trading interface was launched to meet the operational needs of high-end users; In July 2020, Gate.io launched short-term options trading, which supports buying short-term trades (1 hour, 4 hours and 1 day). In August 2020, the network trading feature was launched, allowing users to generate certain profits even in a volatile market.
In addition to these, Gate.io has also seen significant developments on the DeFi side. The GateChain main net 1.0 was released in June 2020. In January 2021, GateChain’s EVM test chain Meteora (support for smart contracts) was launched. In February 2021, the DeFi ecology smart contract and crosslink diagram were released. At present, GateChain’s TPS exceeds 2000, which can support more than a thousand nodes and has laid a solid foundation for the subsequent ecological construction.
And at the DEX level, Gate.io has set up a DEX HipoSwap based on GateChain. HipoSwap refers to the market maker’s automatic AMM mechanism. At the same time, based on a constant product market maker, Gate introduces two Maker pools for a single coin market price to provide Makers with a way to place market orders and earn commissions, while significantly increasing system liquidity, effectively reducing Taker’s transaction prices. This innovative mechanism solves the long-term bottleneck problems of Uniswap and other DEXs such as high trade shift, large trade losses and low income from automatic market makers, and also satisfies the pursuit of trading activity by users and market makers.
After deploying the public chain and DEX, the creation of the DeFi ecosystem was also encouraged.
Gate.io also launched the Gate.io Labs incubator program. On February 9, 2021, Gate.io announced that Gate Labs will invest $ 50 million (in equivalent cryptocurrency) to establish seed funds ranging from tens of thousands to millions of US dollars and to support project development to promote more high-quality projects. the GateChain ecosystem. Gate.io Labs uses the best resources and services to support outstanding start-up teams launch their projects and help them create innovative products and quality services that meet market needs. Excellent startup projects can be further launched at Gate.io Startup, and will be given priority access to the GateChain ecosystem.
Visit Gate.io today to learn about all the services offered by the exchange and to sign up.
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