Majuro, Marshall Islands, September 21, 2022, Chainwire
What is better than low fees? There is no fee. Gate.io is excited to announce Zero trading fees on most spot and contract market trading pairs. The no-fee structure was introduced in two phases, first on 16 September (UTC) and then on 20 September (UTC) for spot and other markets respectively.
After a groundbreaking year for the exchange, this radical change in fees is an ambitious step to give back to the crypto community. Removing fees on this scale is unmatched by any other mainstream exchange, making Gate.io the industry’s most cost-effective platform for crypto trading.
The Zero-Fee Breakdown
As a gesture of goodwill to millions of users worldwide, maker and taker fees have been completely removed from all spot market USD, BTC, and ETH quote currency trading pairs and BTC/USDT as of September 16 (UTC). From 20 September 10:00 (UTC), all spot ETF pairs, USD-M and BTC-M perpetual futures pairs, USDT-M and BTC-M delivery futures pairs will have no fees.
USD-pegged stablecoins such as USDC, TUSD, PAX, BUSD, and HUSD are denominated in USD and can be traded as USD spot pairs with no conversion required and no fees. Since USD-pegged stablecoins are the most traded stablecoins on the market, no fees help make trading much cheaper. This reduced fee will remain indefinitely until further notice.
Join the crypto community
The crypto market has been quite sluggish so far this year, so Gate.io is lending a hand to users so they can weather the storm together.
Recently though, Ethereum’s merger has managed to pique the interest of its supporters and the entire crypto community. The ability to trade ETH at no cost will support the Ethereum community and, by extension, its thriving ecosystem. And regardless of the ongoing bear market, Bitcoin still stands as the most traded digital asset by a wide margin. Making BTC a no-fee asset helps simplify the trading experience for millions of users.
Low fees. Worry less.
Gate.io Makes trading a safe, easy and low-cost experience so traders can better focus on their positions and strategies and worry less about the rest.
The elimination of trading fees after Gate.io’s 9th anniversary is another enhancement to the user experience, including refreshed branding, lower and more flexible fees platform-wide, trading contests with multi-million dollar top prize pools, and more.
At Gate.io, user asset security is always priority number one. It was the first exchange to provide a verifiable user resource conservation audit by a certified firm and another audit is currently in process. Meaning all user assets are truly held on the exchange and available for withdrawal at any time.
With nearly a decade of refinement, fine-tuning and industry experience, Gate.io provides a comprehensive and secure trading experience trusted by millions of crypto users worldwide. Users can trade 1,500 cryptocurrencies in over 2,500 trading pairs in the spot and futures markets and access loans, contracts, options, NFTs, Web3, copy trading, exclusive fee discounts and bonus rewards.
About Gate.io
Established in 2013, Gate.io One of the pioneers of the crypto industry. It has established a comprehensive ecosystem, including a cryptocurrency exchange, public blockchain, decentralized finance, research and analytics, venture capital investment, wallet services, startup incubator labs, and more.
Gate.io offers multiple leading digital asset transaction related services and has served more than 10 million users worldwide. CoinGecko has consistently ranked it as one of the top 10 cryptocurrency exchanges based on liquidity and trading volume and received a 4.5 rating by Forbes Advisor, making it one of the best crypto exchanges of 2021.
Introduction
Head of Public Relations and Communications
