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What is GATE
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Gate.io is one of the oldest crypto-to-crypto exchange from China operating since 2013. After being rebranded to Gate.io in 2017, it is one of the fastest-growing crypto platforms with a leading Initial Exchange Offering (IEO) platform, numerous cryptocurrencies, margin trading with leverage, and other advanced financial services like margin lending or borrowing.
As said above Gate.io is one of the oldest Chinese bitcoin exchanges, which was founded in 2013 by Lin Han. Back in 2015, the exchange suffered a 7,000 BTC hack. The coins were stolen from its cold wallets. Until 2017, the exchange was called Bter.com. However, it was forced to rebrand into Gate.io when the Chinese government has banned fiat-to-crypto trading in 2017. It closed the old domain, dropped fiat cryptocurrency trading pairs, and changed its focus to crypto-to-crypto and Chinese yuan OTC trades.
As of today, Gate.io remains an unregulated crypto exchange. According to recent news, its parent company Gate Technology Inc. raised $64 million in crypto for the upcoming Gatechain decentralized exchange (DEX) project and launched a successful IEO platform Gate.io Startup.
As said above Gate.io is one of the oldest Chinese bitcoin exchanges, which was founded in 2013 by Lin Han. Back in 2015, the exchange suffered a 7,000 BTC hack. The coins were stolen from its cold wallets. Until 2017, the exchange was called Bter.com. However, it was forced to rebrand into Gate.io when the Chinese government has banned fiat-to-crypto trading in 2017. It closed the old domain, dropped fiat cryptocurrency trading pairs, and changed its focus to crypto-to-crypto and Chinese yuan OTC trades.
As of today, Gate.io remains an unregulated crypto exchange. According to recent news, its parent company Gate Technology Inc. raised $64 million in crypto for the upcoming Gatechain decentralized exchange (DEX) project and launched a successful IEO platform Gate.io Startup.
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