In the crypto world, wealth creation stories are everywhere. For many traders who excel at seizing opportunities, the high volatility of cryptocurrencies amplifies both risks and rewards, offering a path to substantial profits. Early-stage potential projects, especially memecoins, often become “dark horses,” where traders can generate returns of tens or even hundreds of times their initial investment with minimal cost—making them a playground for risk lovers seeking quick riches.

What is Gate.io’s Pilot Section?

Early-stage potential projects, particularly memecoins, are characterized by high volatility, low market liquidity, viral spread, and community-driven dynamics. However, in their infancy, most lack substantial information or practical applications, existing solely on the blockchain for issuance and circulation. For average traders, participating in such projects can be daunting, involving steps like wallet creation, funding, and extensive project research—often resulting in missed opportunities.

To help users swiftly capture early-stage blockchain projects and avoid missing out on potentially high-return tokens, Gate.io has recently unveiled a new independent trading section—the Pilot section. This innovative platform focuses on identifying trending blockchain projects, seamlessly blending the advantages of spot trading and on-chain transactions. It empowers users to engage with these projects without needing a Web3 wallet, while offering unparalleled token liquidity, minimizing slippage, and facilitating effortless buying and selling.

Why Choose Gate.io’s Pilot Section?

Gate.io’s Pilot section offers several advantages to crypto traders:

1) Lower Screening Costs

In the crypto market, survivor bias often hides the harsh realities. While stories of 10x or 100x returns circulate widely, countless tokens end in a 99.99% decline. Worse, the market is rife with carefully crafted “rug pull” scams, with memecoins being particularly vulnerable. Once defrauded, victims often lose their entire investment.

For traders navigating these high-risk, high-reward projects, capital preservation is paramount. Even if they discover a potentially valuable early project, thorough due diligence is necessary. Tools like Dex Screener and Gmgn.ai can help track real-time data. Traders should assess project teams, development progress, liquidity pools, holder count, market cap, and conduct contract audits to make informed decisions.

However, project research is time-consuming, especially for memecoins with short life cycles, where missing the optimal entry point can mean missing all potential profits. Gate.io’s Pilot section focuses on trending blockchain projects, covering networks like Ethereum, Solana, and Tron, significantly reducing users’ research burden. It allows quick participation in popular on-chain projects, helping traders seize market opportunities.

2) Seamless Trading

Participating in on-chain projects ordinarily requires using a Web3 wallet. If a project operates on a specific blockchain, users must create a new wallet, manage seed phrases and private keys, and fund the wallet. These cumbersome processes can cause traders to miss the best trading moments.

In Gate.io’s Pilot section, users can engage in token spot trading without needing a Web3 wallet, eliminating the complexities of wallet setup. This greatly lowers the entry barrier. Moreover, trading fees are uniformly set at 0.2% for buyers and sellers, regardless of VIP levels, making transactions cost-effective.

3) Reduced Trading Friction

On-chain trades typically occur on decentralized exchanges (DEXs) using automated market maker (AMM) models. Due to the limited liquidity of early-stage projects, users often face high slippage, increasing transaction costs.

In contrast, Gate.io’s Pilot section employs an order book model, ensuring sufficient token liquidity and significantly reducing slippage. This makes buying and selling tokens more convenient and efficient for users.

How Can Users Access the Pilot Section?

Before trading tokens in the Pilot section, it’s crucial to understand that these tokens carry higher volatility and risk compared to other listed tokens. Investors should conduct thorough research and take full responsibility for their trading decisions.

Users can access the Pilot Section through both the Gate.io mobile app and web platform. Here’s a step-by-step guide for using the mobile app (ensure your Gate.io app is up to date):

1）Open the Gate.io app and find the “Pilot” section directly on the homepage. Click to enter the new page. Alternatively, tap “Trade” on the bottom menu, locate the “Pilot” section, and click to access it.

Source: Gate.io

Source: Gate.io

2）The “Pilot” section organizes projects based on their blockchain, such as Solana, Ethereum, Base, Tron, and BSC. Users can click on a project to enter the spot trading page.

3） Users must complete token deposits or transfers Before participating in the first token trade. There are two deposit methods:

• Onchain deposit
• Redeem GateCode (exclusive to Gate.io)

If users hold the token on other platforms or wallets, they can deposit it into Gate.io if withdrawals are supported by the originating platform.

Source: Gate.io

For fund transfer, users must transfer USDT from their Spot Account to their Pilot Account. Note that currently, the Pilot section only supports USDT trading pairs, so the initial transfer must be in USDT.

Source: Gate.io

Once the USDT transfer is complete, users can start trading tokens. The trading functions in the Pilot trading section are identical to those in the Spot trading section.

Differences Between Pilot Trading and Other Trading Methods

Compared to on-chain trading, Gate.io’s Pilot trading offers the following advantages:

1）Lower User Entry Barrier: Users can participate in trending on-chain projects without creating a Web3 wallet or managing seed phrases and private keys, providing seamless access through a centralized exchange.

2）Reduced Trading Costs: Due to low liquidity in early-stage projects, on-chain token trading often involves high slippage, high gas fees, and even the risk of failed transactions. In the Pilot section, users are unaffected by slippage, and transaction fees are fixed at a transparent 0.2% per trade.

3）Support for Project Growth: Once a project in the Pilot section meets Gate.io’s listing criteria, it will be moved to the platform’s spot market, bringing greater liquidity to the project pool and facilitating easier buying and selling for token holders.

However, despite these benefits, users must be aware of the following before trading:

1）High Risk and Volatility: All assets in the Pilot section are early-stage potential projects with significant risks and volatility. Their value can depreciate drastically at any time. Users should be prepared for potential losses, including the full loss of their principal. If users cannot bear these risks, it is recommended that they not participate in Pilot trading.

2）Acknowledgment of Risk through a Disclaimer: Before their first trade, users are required to complete a disclaimer quiz to ensure they understand the high-risk nature of the Pilot trading. Users must carefully evaluate their financial situation and risk tolerance. If a user cannot manage extreme token volatility or accept responsibility for their investment decisions, it is advisable to exit the Pilot section.

High returns often come with high risks. While early-stage tokens may offer substantial growth potential, their uncertainties should not be overlooked. Therefore, users must conduct thorough due diligence, gather as much information as possible about the projects, and remain cautious and rational when trading to take full responsibility for their investment behavior.

Conclusion

Gate.io’s Pilot section aims to offer users more opportunities in the on-chain space while lowering the barriers to entry. It aims to help users discover and seize early-stage projects with significant potential. However, users should fully understand these projects’ high volatility and risks before trading. Conducting due diligence, carefully assessing one’s risk tolerance, and ensuring investment decisions align with personal financial circumstances is essential.

Additionally, investors must take responsibility for their actions, understand the consequences of their investment decisions, and avoid blindly following trends or making impulsive choices.