Majuro, Marshall Islands, September 21, 2022, Chainwire
What’s better than low fees? No charge. Gate.io very excited Announce There are zero trading fees for most spot and contract market pairs. The free structure is being rolled out in two phases, first on September 16th (UTC) and then on September 20th (UTC), for the spot market and other markets, respectively.
This radical change in fees is an ambitious move to give back to the crypto community after a breakthrough year for the exchange. Fee cancellations of this magnitude are unmatched by any other mainstream exchange, making Gate.io the most affordable crypto trading platform in the industry.
Zero Fee Segmentation
As a gesture of goodwill to millions of users around the world, maker and taker fees for all spot market USD, BTC and ETH quoted currency pairs and BTC/USDT have been completely eliminated as of September 16 (UTC). From September 20th at 10:00 (UTC), there will be no fees for all spot ETF pairs, USD-M and BTC-M perpetual futures pairs, USDT-M and BTC-M delivery futures pairs.
USD-pegged stablecoins such as USDC, TUSD, PAX, BUSD and HUSD are denominated in USD and can be traded as USD spot pairs without conversion and without any fees. Since U.S. dollar-pegged stablecoins are the most frequently traded stablecoins in the market, no fees help make transactions cheaper. These reduced fees will remain indefinitely until further notice.
Unite with the crypto community
The cryptocurrency market has been pretty sluggish so far this year, so Gate.io is reaching out to users so they can get through this together.
Despite the recent success of Ethereum’s merger, it has piqued the interest of its supporters and the entire crypto community. The ability to trade ETH for free will support the Ethereum community and, as an extension, its thriving ecosystem. Regardless of the bear market, Bitcoin remains the most traded digital asset. Making BTC a free asset helps simplify the trading experience for millions of users.
Low cost. less trouble.
Gate.io Make trading a safe, simple and low-cost experience, so traders can better focus on their positions and strategies without worrying about other issues.
The removal of transaction fees is another user experience enhancement for Gate.io after its 9th anniversary, which also includes updated branding, lower and more flexible platform-wide fees, multi-million dollar trading competitions for top prize pools, and more.
At Gate.io, user asset security always comes first. This is the first exchange to have an audit of verifiable user asset reserves by a certification company, and another audit is currently underway. This means that all user assets on the exchange are truly held and can be withdrawn at any time.
With nearly a decade of refinement, fine-tuning, and industry experience, Gate.io provides a comprehensive, secure trading experience trusted by millions of crypto users around the world. Users can trade over 1,500 cryptocurrencies on over 2,500 trading pairs in the spot and futures markets and access lending, contracts, options, NFTs, Web3, copy trading, exclusive fee discounts and bonus rewards.
About Gate.io
Founded in 2013, Gate.io One of the pioneers in the crypto industry. It has built a comprehensive ecosystem including cryptocurrency exchanges, public blockchains, decentralized finance, research and analysis, venture capital, wallet services, startup incubator labs, and more.
Gate.io provides services related to trading multiple leading digital assets and has grown to serve over 10 million users worldwide. CoinGecko is consistently ranked as one of the top 10 cryptocurrency exchanges based on liquidity and trading volume, and has a Forbes Advisor rating of 4.5, making it one of the best cryptocurrency exchanges in 2021.
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