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Gate.io Surpasses 12 Million Users, Steadily Advances Globalization Strategy
13 October 15:01
Defying the bear market downtrends that have so far defined crypto this year, Gate.io's active userbase has been in a steady uptrend. The exchange exceeded 12 million active registered users as it rose to third place in global exchange rankings. Attributing the growth to recent initiatives like the multi-million dollar WCTC trading tournament, implementing zero-fee trading, overhauling its brand with new mascots, and aggressively expanding global operations in new regions.
While many exchanges began to wind down operations, Gate.io has remained insistent on growth, enhancing user experience while tapping into a broader demographic of crypto users. And it's starting to show. So what exactly has contributed to this success?
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.
Click and Access Gate.io in Restricted Areas
Author: Gate.io
*Gate.io reserves all rights to the final decision. The article does not constitute any investment suggestions.
*Gate.io reserves all rights to this article. Reposting of the article will be permitted provided Gate.io is referenced. In all cases, legal action will be taken due to copyright infringement.
Click and Access Gate.io in Restricted Areas
Author: Gate.io
*Gate.io reserves all rights to the final decision. The article does not constitute any investment suggestions.
*Gate.io reserves all rights to this article. Reposting of the article will be permitted provided Gate.io is referenced. In all cases, legal action will be taken due to copyright infringement.
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