Gate Update: Bridging Crypto, TradFi & Sports — New Products, Compliance Wins & Big Rewards
As the week wraps up, Gate has a collection of updates to share. Find out what the corporate has ready and discover the most recent bulletins, product developments, and alternatives for merchants and buyers.
Gate Records Nearly $58 Million in 24-Hour Net Inflows, Ranking Second Among Global CEXs
According to DefiLlama’s centralized trade knowledge, Gate recorded roughly $57.97 million in internet inflows over the previous 24 hours, securing second place amongst world centralized exchanges (CEXs).
The consequence highlights continued capital motion onto the platform and reinforces Gate’s place among the many main members within the world cryptocurrency trade market.
Gate Money Signals a New Direction in Exchange Competition: From Trading to Everyday Payments
According to Cointelegraph’s report on the evolving crypto trade panorama, competitors amongst cryptocurrency exchanges is more and more shifting past conventional buying and selling metrics towards changing into an integral a part of customers’ on a regular basis monetary lives.
Unveiled at TOKEN2049, Gate Money is designed to bridge the hole between conventional investing and on a regular basis spending. The all-in-one monetary utility brings collectively financial institution accounts opened in customers’ personal names, fiat currencies, digital belongings, and conventional investments akin to shares and gold inside a unified account system.
Through the Gate Card, appropriate with Apple Pay and Google Pay, in addition to a Visa-partnered card, customers can entry spending performance linked to their belongings. The ecosystem additionally integrates multi-currency fiat gateways, on-chain transfers, instantaneous conversions, and yield merchandise providing as much as 3.6% APR.
Gate Founder and CEO Dr. Han emphasised that the initiative goals to eradicate long-standing friction between managing investments and utilizing funds in on a regular basis life.
Alongside its product growth, Gate continues to emphasise regulatory compliance and transparency. The firm has secured regulatory authorizations and registrations in jurisdictions together with Malta, Dubai, and Australia. Its newest proof-of-reserves report reveals complete reserves of $8.688 billion and an total reserve ratio of 118.49%.
Gate Update: Financial Innovation, Strong Capital Inflows, and New Trading Opportunities
Happy Friday! As the week involves a detailed, Gate continues to develop its monetary ecosystem, strengthen its world presence, and introduce new alternatives for merchants and buyers. From the event of Gate Money and spectacular trade internet inflows to new buying and selling competitions, institutional infrastructure upgrades, and upcoming worldwide occasions, the corporate has ready a packed agenda for the top of the week.
In this version of Gate Update, uncover what the corporate has been engaged on, discover its newest product developments, and make amends for an important bulletins from October 29–30.
Gate Records Nearly $58 Million in 24-Hour Net Inflows, Ranking Second Among Global CEXs
According to DefiLlama’s centralized trade knowledge, Gate recorded roughly $57.97 million in internet inflows over the previous 24 hours, securing second place amongst world centralized exchanges (CEXs).
The consequence highlights continued capital motion onto the platform and reinforces Gate’s place among the many main members within the world cryptocurrency trade market.
Gate Money Signals a New Direction in Exchange Competition: From Trading to Everyday Payments
According to Cointelegraph’s report on the evolving crypto trade panorama, competitors amongst cryptocurrency exchanges is more and more shifting past conventional buying and selling metrics towards changing into an integral a part of customers’ on a regular basis monetary lives.
Unveiled at TOKEN2049, Gate Money is designed to bridge the hole between conventional investing and on a regular basis spending. The all-in-one monetary utility brings collectively financial institution accounts opened in customers’ personal names, fiat currencies, digital belongings, and conventional investments akin to shares and gold inside a unified account system.
Through the Gate Card, appropriate with Apple Pay and Google Pay, in addition to a Visa-partnered card, customers can entry spending performance linked to their belongings. The ecosystem additionally integrates multi-currency fiat gateways, on-chain transfers, instantaneous conversions, and yield merchandise providing as much as 3.6% APR.
Gate Founder and CEO Dr. Han emphasised that the initiative goals to eradicate long-standing friction between managing investments and utilizing funds in on a regular basis life.
Alongside its product growth, Gate continues to emphasise regulatory compliance and transparency. The firm has secured regulatory authorizations and registrations in jurisdictions together with Malta, Dubai, and Australia. Its newest proof-of-reserves report reveals complete reserves of $8.688 billion and an total reserve ratio of 118.49%.
Gate Money Connects Banking and Payment Networks, Backed by International Regulatory Credentials
Further particulars about Gate Money’s infrastructure and compliance framework are outlined in Cointelegraph’s protection.
The platform connects account-based funds and transfers, asset conversions, and on a regular basis spending by partnerships with worldwide banks, fee suppliers, custody providers, and clearing organizations.
Eligible customers can open and handle financial institution accounts in their very own names, preserve fiat balances in several currencies, make deposits and withdrawals, and switch digital belongings throughout supported blockchain networks. Feature availability will depend on native regulatory necessities, companion capabilities, and particular person eligibility.
Gate’s regulatory framework consists of MiCA and Payment Institution (PI) licenses within the European Union. Its Dubai entity holds a VARA license, whereas its Australian entity is registered with AUSTRAC as a digital foreign money trade supplier. These authorizations apply to the respective authorized entities and their permitted actions.
The newest proof-of-reserves figures additionally display the dimensions of Gate’s asset holdings:
- Total reserves: $8.688 billion.
- Overall reserve ratio: 118.49%.
- Bitcoin reserves: 25,727 BTC, with a reserve ratio of 121.60%.
- Ethereum reserves: 449,042 ETH, with a reserve ratio of 123.78%.
Together, monetary partnerships, regulatory credentials, and verifiable reserves present the muse for Gate Money’s growth into funds, transfers, and complete asset administration.
Gate to Host Gate Gala London During DAS London 2026
According to Gate’s occasion announcement, Gate Gala London (DAS London Edition) is scheduled for November 10 at The Dorchester in London.
The unique dinner, organized alongside Digital Asset Summit (DAS) London 2026, will carry collectively business professionals and ecosystem companions to debate Web3 growth, the way forward for finance, and alternatives for collaboration throughout the digital asset business.
On the identical day, Gate Founder and CEO Dr. Han will ship a keynote speech on the primary stage titled “Defining the Future of Money: One Gate, Everything Money.”
His presentation will discover transformations within the world monetary panorama, the evolution of financial methods, and the longer term route of economic providers.
On November 12, Dr. Han may even take part in an occasion at The Oxford Union, becoming a member of different members for additional discussions.
Through these worldwide engagements, Gate goals to strengthen relationships with world monetary establishments, digital asset business leaders, and tutorial communities.
Gate Money Reduces USD Account Management and Withdrawal Fees by 50%
According to Gate’s official announcement, Gate Money has launched vital reductions to the charges related to USD financial institution accounts held in customers’ personal names.
Account opening stays free, whereas two key charges have been lowered by 50%:
- Monthly account administration charge: lowered from 2 USDT to 1 USDT.
- USD withdrawal charge: lowered from 50 USDT to 25 USDT per transaction.
Additionally, VIP5 customers and above are eligible for an entire waiver of month-to-month account administration charges.
Gate Money helps cross-border deposits and withdrawals in 4 main fiat currencies — USD, EUR, GBP, and AED — by the SWIFT community.
Eligible customers can open a USD checking account in their very own title with one click on and use the Gate App to handle transfers, convert belongings, entry yield merchandise, and make on a regular basis funds.
The platform can be operating a limited-time account-opening rewards marketing campaign by November 11 at 08:00 (UTC). Users who register for the marketing campaign, full id verification, open a USD checking account in their very own title for the primary time, and make a qualifying financial institution switch could have an opportunity to obtain a random reward starting from 2 to 100 USDT. All rewards are topic to the marketing campaign’s official phrases and situations.
Gate US Introduces USD Balances and Wire Transfers for More Convenient Fund Management
According to Gate US’s official announcement, the platform now helps USD balances for buying and selling, in addition to USD Wire deposits and withdrawals.
The improve permits clients to maintain their funds in USD between trades with out having to transform them into stablecoins merely to keep up a steadiness on the platform.
Verified clients in eligible US jurisdictions can switch bigger quantities straight from a US checking account held in their very own title utilizing USD Wire. This technique presents increased switch limits than commonplace card-based or app-based fee choices.
Users may also withdraw USD balances to the identical verified checking account, topic to relevant limits and processing necessities.
To entry the service, clients can open the Gate US App, navigate to Wallet, choose USD, and comply with the directions. They ought to embody the distinctive reference code supplied in the course of the switch course of to make sure their funds are accurately matched to their accounts.
Gate US continues to develop its regulatory presence, holding 37 state Money Transmitter Licenses (MTLs) and serving clients throughout 47 states and territories.
USD deposits and withdrawals can be found solely in chosen US jurisdictions and should not obtainable to residents of Colorado, Hawaii, Missouri, New Jersey, Utah, or Wyoming.
Gate Ranks Third Globally with $193 Million in Weekly Net Inflows, While Gate US Secures Fourth Place
According to the most recent DefiLlama CEX stream knowledge, Gate recorded roughly $193 million in internet inflows over the previous seven days, rating third amongst world centralized exchanges.
Gate US additionally demonstrated robust efficiency, recording roughly $38.15 million in internet inflows throughout the identical interval and securing fourth place.
The outcomes replicate substantial capital inflows throughout each platforms.
Gate US continues to develop its regulatory and operational infrastructure within the American market. It has obtained Money Transmitter Licenses in 37 US states, with its regulatory protection extending throughout 47 states and jurisdictions.
Furthermore, Gate Futures LLC, an entirely owned subsidiary of Gate US, is registered with the US Commodity Futures Trading Commission (CFTC) as an Independent Introducing Broker and is a member of the National Futures Association (NFA).
These registrations and licenses strengthen Gate US’s regulatory basis because it continues increasing its presence within the United States.
Gate Prediction Markets Launches Top Five European Football Leagues Trading Competition with 20,000 USDT in Rewards
According to Gate’s official marketing campaign announcement, Gate Prediction Markets has launched a brand new buying and selling competitors protecting 5 main European soccer leagues:
- English Premier League.
- Spanish La Liga.
- Italian Serie A.
- German Bundesliga.
- French Ligue 1.
The marketing campaign runs from October 28 at 10:00 (UTC) by November 13 at 10:00 (UTC), with a complete prize pool of 20,000 USDT.
New customers who full their first-trade process and attain a cumulative qualifying buying and selling quantity of fifty USDT utilizing their very own funds can obtain a ten USDT reward. This provide is restricted to the primary 500 eligible members.
The competitors additionally options a number of reward alternatives:
- Leaderboard rewards: The high 20 eligible members will share a ten,000 USDT prize pool based mostly on cumulative qualifying buying and selling quantity.
- Additional buying and selling rewards: Participants who attain 2,000 USDT in cumulative qualifying quantity however don’t obtain a leaderboard reward can share an extra 5,000 USDT prize pool.
- Scratch playing cards: Users obtain one scratch card for each 10 USDT in qualifying buying and selling quantity throughout the 5 leagues.
Available prizes embody USDT, buying and selling vouchers, occasion factors, and different rewards.
Gate ETF Lists New 3x Long and Short Trading Pairs for SOXS and CBRS, Launching a 60,000 USDT Campaign
According to Gate’s official announcement, Gate ETF added 4 new buying and selling pairs at 07:00 (UTC) on October 29:
- SOXS3L/USDT — 3x lengthy publicity to SOXS.
- SOXS3S/USDT — 3x brief publicity to SOXS.
- CBRS3L/USDT — 3x lengthy publicity to CBRS.
- CBRS3S/USDT — 3x brief publicity to CBRS.
To rejoice the brand new listings, Gate has launched an ETF buying and selling problem operating from October 29 at 07:00 to November 7 at 07:00 (UTC), that includes a complete reward pool of 60,000 USDT.
Eligible members can obtain mixed rewards price as much as 670 USDT per particular person.
The marketing campaign consists of 4 reward classes:
- First-trade bonuses.
- Cumulative buying and selling check-ins.
- Community buying and selling rewards.
- Referral incentives.
Users who full their first qualifying commerce of not less than 100 USDT can obtain a ten USDT ETF buying and selling charge rebate voucher.
Cumulative buying and selling check-ins provide rewards of as much as 100 USDT, whereas the neighborhood buying and selling reward pool can unlock as much as 30,000 USDT. Eligible members share the unlocked pool proportionally in accordance with their qualifying buying and selling quantity, with particular person rewards capped at 500 USDT.
Gate Futures Points Airdrop Phase 161 to Offer SOXLG and 100 USDT Position Vouchers
According to Gate’s official announcement, Phase 161 of the Gate Futures Points Airdrop is scheduled to launch on October 30 at 10:00 (UTC).
The marketing campaign options two redemption swimming pools:
- 0.1 SOXLG for 15 Futures Points.
- A 100 USDT place voucher for 20 Futures Points.
Rewards are restricted and distributed on a first-come, first-served foundation.
The occasion runs till October 30 at 15:59 (UTC). The SOXLG pool requires customers to keep up a Futures Points steadiness assembly a regularly reducing threshold of 90–120 factors. The 100 USDT place voucher pool requires a minimal steadiness of 40 factors.
Eligible customers can take part by the Gate App or the official web site. All redemptions are topic to the marketing campaign’s eligibility necessities and reward guidelines.
Gate Institutional Strengthens Multi-Asset Trading and Risk Management Amid Orderly Market Deleveraging
According to Gate’s newest Institutional Weekly Report, the cryptocurrency market skilled a interval of orderly deleveraging between October 19 and 25.
During this era, BTC and ETH declined by 2.42% and three.37%, respectively. Despite the market correction, US spot Bitcoin ETFs recorded roughly $301 million in internet inflows.
Gate TradFi additionally maintained robust exercise, with weekly buying and selling quantity returning to greater than $110 billion.
Meanwhile, on-chain buying and selling exercise, stablecoin provide, and lending volumes declined. Borrowing charges and volatility indicators remained comparatively steady, suggesting that the most recent discount in market publicity was primarily pushed by members actively adjusting their positions moderately than clear indicators of liquidity stress.
Institutional demand for environment friendly buying and selling and cross-market execution continued to develop.
Gate CrossEx recorded a 200% improve in buying and selling quantity in contrast with the earlier reporting interval, reaching an all-time high. The platform additionally expanded its capabilities by including assist for Lighter futures and integrating actual inventory and ETF buying and selling.
The publish Gate Update: Bridging Crypto, TradFi & Sports — New Products, Compliance Wins & Big Rewards appeared first on Metaverse Post.
