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Crypto Exchange Gate.io Posts 120% Volume Growth in 2024 to $3.8 Trillion
Crypto exchange and digital asset trading platform Gate.io reported a total trading volume of $3.8 trillion in 2024, representing a 120% increase from the previous year, while its registered users exceeded 20 million. The platform's spot trading reached $1.8 trillion while contract trading hit $2 trillion, cementing its position as the fourth-largest cryptocurrency exchange globally. The platform added over 873 new tokens in 2024, including 437 exclusive first listings. Gate's reserve funds reached $9.566 billion with a reserve ratio of 123.91%, while excess reserves grew 68.89% to $1.846 billion. Moreover, ... (full story)