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Gate.io Expands Services and User Base with Innovative Features

By

Triparna Baishnab

Triparna Baishnab

Gate.io surpasses 37M users, upgrades GUSD, launches Ondo Trading Section, and strengthens security, bridging TradFi and DeFi.

Gate.io Expands Services and User Base with Innovative Features

Quick Take

Summary is AI generated, newsroom reviewed.

  • Gate.io exceeds 37 million users, showcasing rapid growth and market adoption.

  • GUSD upgraded to offer dual interest returns, boosting staking rewards.

  • Strong security with cold wallet storage and 30 US state licenses.

  • Ondo Trading Section launched with 26 real-world asset token pairs.

  • Focus on bridging TradFi and DeFi with innovative investment features.

With a user base trained past 37 million, Gate.io, one of the most popular cryptocurrency exchanges worldwide, keeps stirring up a commotion in the digital asset market. This achievement emphasizes the increasing popularity of the platform and its capacity to attract new traders all over the world. The Gate.io exchange provides a broad selection of more than 3,500 cryptocurrencies and stablecoins, such as such giants as Bitcoin (BTC), Ethereum (ETH), and Dogecoin (DOGE), so it is one of the most complete exchanges in the crypto world.

GUSD Upgrade

The upgrade of its native stablecoin, GUSD (Gate USD), is also one of the latest significant updates to the platform. The upgrade is now allowing the users to earn two interest on staked GUSD tokens. This new capability will enable users of the Gate.io platform to earn returns on their assets without the price of the stablecoin falling, a move that will further integrate conventional ideas of finance with the idea of decentralized asset management. This makes Gate.io not only a trading platform but also a competitive yield-generating tool to the crypto investors.

Ondo Trading Section

As a bold financial innovation, Gate.io has opened the Ondo Trading Section, where it provides 26 of the most popular on-chain trading pairs, including AAPLON, METAON, TSLAON, NVDAON, SPYON and QQQON. The introduction increases the utility of the platform in real-world asset tokenisation connecting the stock market and the crypto world and broadening the offering of different investment opportunities to its international users.

Security and Regulatory Compliance

Security is one of the priorities of Gate.io. The platform uses cold wallet storage based on strategy to make sure that its users have the highest assets safety. Furthermore, Gate.io has further enhanced its regulatory stance by obtaining licenses in 30 U.S. states, but it is present in 40 jurisdictions globally. The regulation compliance increases the trust of users and helps to establish the image of a safe and legal exchange in an industry that is often criticized due to insufficient security and legal gaps.

In addition to being a trading platform, Gate.io has been evolving capabilities to combine traditional finance (TradFi) with decentralized finance (DeFi). The example is its GUSD stablecoin upgrade, which provides returns on investments that are based on conventional assets such as U.S. Treasury bonds. It not only draws crypto fans but also those who are more traditional investors that are interested in stable returns but do not want to leave the digital asset ecosystem completely.

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