Gate Group,
the owner of the Gate.io crypto exchange
Exchange
An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv
An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv
Read this Term trading brand, has confirmed to apply
for regulatory approval with the Securities and Futures Commission (SFC) in
Hong Kong. It is, thus, another cryptocurrency platform that wants to join the
local market before the new digital assets’ regulations take effect in June.
According
to the recent press release, Gate Group has already applied for an SFC license
and is planning to pursue the Virtual Asset Service Provider (VASP) License under
the anti-money laundering laws to trade non-security tokens. Additionally, the
crypto exchange wants to apply for Licenses under the Securities and Futures
Ordinance for Type 1 (Securities Dealing) and Type 7 (Automated Trading
Services Provision) regulated activities to facilitate security token trading.
In February, the exchange obtained a Trust and Corporate Service Provider (TCSP) license
from the Company Registry in Hong Kong, allowing the Group to offer virtual
assets custody services. Additionally, it announced intentions to launch a
local Gate HK branch that will comply with the special administrative region’s
licensing requirements. The information and an update on applying for SFC
authorization were confirmed this week.
“The
anticipated VASP Licences will ensure Gate HK maintains the highest standards
of security and regulatory compliance, fostering trust and confidence among its
customers. Gate Group is eager to contribute to the groundbreaking Web3
Festival in Hong Kong and support the ongoing development and expansion of the
Web3 ecosystem,” the company commented in the statement.
Gate.io Launches Gate
Wealth
Additionally,
the leading crypto exchange has unveiled a novel wealth management solution called Gate Wealth.
This service aims to deliver tailored wealth management options to
cryptocurrency investors worldwide, assisting them in efficiently managing
their digital assets.
Gate Wealth
presents a selection of investment instruments and structured products. These
encompass interval interest calculation, double no-touch, compounding, and
quantitative strategies. In addition, the platform devises personalized product
solutions to address users’ income, asset protection, and leverage ratio
requirements.
“Gate
Wealth is a new wealth management product launched by Gate.io to provide
investors with considerate and efficient services. With the rapid development
of the encryption market and increasingly fierce competition, Gate Wealth aims
to bring better investment experience and more opportunities for global crypto
investors,” Dr Han Lin, the Founder and CEO of Gate.io, said.
Lin
underscored that Gate.io is eager to delve into the thriving cryptocurrency
landscape alongside its clients, jointly pursuing their mutual wealth growth
objectives.
Traction after FTX
Collapse
In the
immediate aftermath of the FTX cryptocurrency exchange’s downfall, retail
investors predominantly gravitated towards Crypto.com and Gate.io platforms, as
highlighted by a recent analysis carried out by Trading Browsers, a digital
assets analytics
Analytics
Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt
Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt
Read this Term tool.
In the wake
of the FTX ecosystem collapse, Trading Browsers conducted an analysis of the
largest cryptocurrency exchanges to determine which experienced the most
significant growth in Google Search and trading volumes from November 9 to 13,
2022.
|
Crypto Exchange |
Google Search Increase |
Trading Volume Increase |
|
Crypto.com |
333% |
232% |
|
Gate.io |
300% |
181% |
Source:
Trading Browsers
The research findings revealed that Crypto.com experienced a remarkable uptick of 333% in Google searches and an increase of 232% in trading volume during the
specified timeframe. On top of that, Gate.io saw a substantial rise in search interest,
with an increase of 300%, and a considerable boost of 181% in overall trading volume.
A few
months ago, Gate.io’s US subsidiary, Gate US, obtained multiple state licenses
to expand its crypto exchange operations. However, services for US customers
remain pending amid ongoing regulations. Meanwhile, Gate.io launched GateTRa
cryptocurrency exchange tailored to Turkey’s market, catering to the country’s
eight million active digital asset traders.
Gate Group,
the owner of the Gate.io crypto exchange
Exchange
An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv
An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv
Read this Term trading brand, has confirmed to apply
for regulatory approval with the Securities and Futures Commission (SFC) in
Hong Kong. It is, thus, another cryptocurrency platform that wants to join the
local market before the new digital assets’ regulations take effect in June.
According
to the recent press release, Gate Group has already applied for an SFC license
and is planning to pursue the Virtual Asset Service Provider (VASP) License under
the anti-money laundering laws to trade non-security tokens. Additionally, the
crypto exchange wants to apply for Licenses under the Securities and Futures
Ordinance for Type 1 (Securities Dealing) and Type 7 (Automated Trading
Services Provision) regulated activities to facilitate security token trading.
In February, the exchange obtained a Trust and Corporate Service Provider (TCSP) license
from the Company Registry in Hong Kong, allowing the Group to offer virtual
assets custody services. Additionally, it announced intentions to launch a
local Gate HK branch that will comply with the special administrative region’s
licensing requirements. The information and an update on applying for SFC
authorization were confirmed this week.
“The
anticipated VASP Licences will ensure Gate HK maintains the highest standards
of security and regulatory compliance, fostering trust and confidence among its
customers. Gate Group is eager to contribute to the groundbreaking Web3
Festival in Hong Kong and support the ongoing development and expansion of the
Web3 ecosystem,” the company commented in the statement.
Gate.io Launches Gate
Wealth
Additionally,
the leading crypto exchange has unveiled a novel wealth management solution called Gate Wealth.
This service aims to deliver tailored wealth management options to
cryptocurrency investors worldwide, assisting them in efficiently managing
their digital assets.
Gate Wealth
presents a selection of investment instruments and structured products. These
encompass interval interest calculation, double no-touch, compounding, and
quantitative strategies. In addition, the platform devises personalized product
solutions to address users’ income, asset protection, and leverage ratio
requirements.
“Gate
Wealth is a new wealth management product launched by Gate.io to provide
investors with considerate and efficient services. With the rapid development
of the encryption market and increasingly fierce competition, Gate Wealth aims
to bring better investment experience and more opportunities for global crypto
investors,” Dr Han Lin, the Founder and CEO of Gate.io, said.
Lin
underscored that Gate.io is eager to delve into the thriving cryptocurrency
landscape alongside its clients, jointly pursuing their mutual wealth growth
objectives.
Traction after FTX
Collapse
In the
immediate aftermath of the FTX cryptocurrency exchange’s downfall, retail
investors predominantly gravitated towards Crypto.com and Gate.io platforms, as
highlighted by a recent analysis carried out by Trading Browsers, a digital
assets analytics
Analytics
Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt
Analytics may be defined as the detection, analysis, and relay of consequential patterns in data. Analytics also seeks to explain or accurately reflect the relationship between data and effective decision making. In the trading space, analytics are applied in a predictive manner in an attempt to more accurately forecast the price. This predictive model of analytics generally involves the analysis of historical price patterns that are used in an attempt to determine certain price outcomes. Analyt
Read this Term tool.
In the wake
of the FTX ecosystem collapse, Trading Browsers conducted an analysis of the
largest cryptocurrency exchanges to determine which experienced the most
significant growth in Google Search and trading volumes from November 9 to 13,
2022.
|
Crypto Exchange |
Google Search Increase |
Trading Volume Increase |
|
Crypto.com |
333% |
232% |
|
Gate.io |
300% |
181% |
Source:
Trading Browsers
The research findings revealed that Crypto.com experienced a remarkable uptick of 333% in Google searches and an increase of 232% in trading volume during the
specified timeframe. On top of that, Gate.io saw a substantial rise in search interest,
with an increase of 300%, and a considerable boost of 181% in overall trading volume.
A few
months ago, Gate.io’s US subsidiary, Gate US, obtained multiple state licenses
to expand its crypto exchange operations. However, services for US customers
remain pending amid ongoing regulations. Meanwhile, Gate.io launched GateTRa
cryptocurrency exchange tailored to Turkey’s market, catering to the country’s
eight million active digital asset traders.
