Gate.io Sees 18% Rise In Its User Base

Blockchain asset exchange platform, Gate.io has crossed its 2.75 million user milestone, achieving 18 percent user growth in 2019. Successful launch of several new features and products in 2019 prepared the ground for the user growth.

“For Gate.io, 2019 was all about getting strong use cases for the users. While we are proud of all the achievements and are working on growing further with our customers, there is also an increasing effort on tackling the industry challenges and unlocking value for the entire ecosystem,” Marie Ttaibouet, CMO at Gate.io said in a statement. 

Last spring, GateChain Token (GT) sale saw orders worth $2.99 billion, raising 64 million worth of crypto assets in just one week.

Elements That Defined Gate.io's Exciting Journey in 2019:

Growth & Recognition: User base grew at 18%, reaching 2.75 million user base and an average trading volume of over 84 million USD

IEO: IEO platform Startup ranks in the top 3 on Cryptorank IEO worldwide Return on Investment (1039.94%). Startup’s average daily trading volume reached as high as $400 million, raising over 600 million funds in a few months since its launch 

Staking: In HODL&Earn, Gate.io’s blockbuster program 10 million USDT were locked up and 1.2 million USDT have been given to the users in interest

Margin Trading: Users enjoy up to 10x leverage on Gate.io’s Margin Trading, which is at par with some of the best performing standalone margin trading platforms in the industry. Gate.io’s Perpetual Contracts turnover exceeded $428 million on the 26th of October, hitting a new high in 2019, allowing users to trade at 100x leverage 

Customer Service: In October 2019, Gate.io became the first crypto exchange to launch an in-app live streaming service, supporting real-time interaction with the users

The company is all set to launch GateChain, Gate.io’s new public blockchain dedicated to fund safety that is set to revolutionize the industry in the first quarter of 2020, whose testnet is available here. The digital asset platform will also focus on achieving 3 million user milestone by Q2, 2020, and work on adding more user-centric products such as HODL&Earn, Margin Trading, Crypto Loans, which received a lot of attention from the users in 2019.

Gate.io enables blockchain enthusiasts to trade and store assets in over 200 of the leading crypto currencies. With offices in China, Canada, Singapore, South Korea and Malta, Gate.io is a one-stop-shop for all cryptocurrency needs, providing users with secure and transparent experience.