Categories: Payment system news

GateIO Becomes The Sixth-Largest Cryptocurrency Futures Platform

[PRESS RELEASE – Singapore, Singapore, 7th December 2021]

Leading global digital asset exchange, Gate.io, has quickly become the sixth-largest crypto futures platform in the world, having risen from fifteenth place just over two months ago. The rate at which the platform has grown far outpaced competitors, cementing Gate.io’s place in the futures market.

According to data provided by CoinGecko, Gate.io’s 24-hour crypto futures trading volume exceeded $7.1 billion, pushing the exchange to the sixth position worldwide in terms of the trading volume. Gate.io provides futures contracts for more than 185 USDT-paired and 25 BTC-paid assets including Bitcoin, Ethereum, Solana, Litecoin, Shiba Inu, and Sandbox.

“Gate.io’s crypto futures platform has grown tremendously over the last month as turbulent market conditions became more apparent. Favourable word-of-mouth and the variety of products being offered has been the leading contributors to the growth of our futures platform. We’ve been taking users’ feedback and suggestions to heart in further expanding our offerings,” said Marie Tatibouet, Chief Marketing Officer at Gate.io.

The futures platform allows users to trade on a platform that offers high liquidity and stability, having proven itself to remain operational even during turbulent market conditions. Users are able to trade over 200 contract pairs on the platform with some of the lowest fees in the industry while exploring some of its innovative features such as contract bonuses, reverse positions, advanced contract analysis, and quantitative trading solutions.

On December 15th, Gate.io will launch the world’s first crypto futures trading championship, a campaign aimed at rewarding the users who have made our platform what it is today. With up to $2 million in prizes to be won, Gate.io intends on using the campaign to elevate its world-class trading platform.

In addition to providing a powerful futures trading platform, Gate.io’s spot exchange has also listed more than 1,100 coins and tokens, and the company has invested a lot of money to expand its NFT Magic Box market and its Startup IEO platform.

About Gate.io

Gate.io is a leading digital currency exchange with over 8 million users in 190 countries across the globe. The exchange offers spot, margin, futures, and contract trading in addition to DeFi products through HipoDeFi, custodial services through Wallet.io, investments through Gate Labs and it’s dedicated GateChain platform. The company also offers a wholly integrated suite of products such as its Startup IEO platform, NFT Magic Box marketplace, crypto loans and more.

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