Gate Group (platform)

Gate Group is a global cryptocurrency exchange and blockchain platform established in 2013. According to Bloomberg it is ranked among the top-20 most worldwide for the trading volume.^[1][2][3][4]

Gate

Company type	Private
Industry	Cryptocurrency
Founded	April 2013; 12 years ago (April 2013)
Founders	Dr. Han
Area served	Global
Products	Cryptocurrency exchange, cryptocurrencies
Website	https://www.gate.com

History

2013

Gate was founded by Dr. Han in April 2013 under the name Bter.com. Due to the cryptocurrency restriction imposed by the regulators of China starting from September 2017, Gate moved its operation out of the country, progressively serving the global market.^[5][6][7]

2019–2021

The livestream platform, Gate Live, was launched in 2019. It allowed Gate to have real-time interaction with its users. Users can comment, send queries and participate in the live activities hosted on Gate Live. Its split-screen function also allows users to trade while they are watching the sessions.^[8]

In 2019, it launched the Gate SAFU fund, which acts as a safety net and insurance fund for user assets.^[9]

Gate released its Proof of Reserves in 2020, a technical proof around providing users with a method to check their collateral, including their total assets on the platform. It is a combination of a mathematical algorithm and a financial audit built on a hack-proof algorithm.^[10][11]

Gate passed the Trusted Volume Test by Coin Metrics in July 2020, whereby aspects of the test range include volume correlation, web traffic analytics and qualitative features.^[12]

Subsequently in August 2020, Gate also received the top position based on cybersecurity score from CER.live, a cybersecurity ranking and certification platform who verifies the balances and liabilities of crypto exchanges worldwide.^[13]

The venture capital arm of Gate, Gate Ventures, was also established in September 2021. GATE Ventures focuses on early stage investments of decentralized infrastructure, ecosystem and applications, as well as providing financing, operational resources and industry expertise. In its initial stages, Gate Ventures launched a fund worth $100 million to support projects in the industry.^[14]

Gate Ventures later launched another fund worth $200 million to support more alternative layer 1 and layer 2 protocols in November 2022.^[15]

In January 2021, Gate launched its startup accelerator, Gate Labs, with the goal of supporting entrepreneurs with industry support, best practices and resources.^[16]

2022–2023

Gate had been the second-largest crypto exchange by trading volume in April 2022.^[17] In the same year, Gate.io launched GATE Learn, a platform for learning in the field of cryptocurrency investments.^[18][19]

In October 2022, Gate and the City of Busan started setting up and managing the Busan Digital Asset Exchange.^[20]

Gate also pledged $100 million via the Gate SAFU Fund that aims to support the crypto industry in December 2022.^[21][22]

GATE Group has partnered with Visa to launch a crypto card available to selected countries in the European Economic Area in March 2023.^[23]

In 2023 Gate partnered with Coinfirm, a platform for real-time anti-money laundering (AML) and combating the financing of terrorism (CFT) risk management for digital assets and cryptocurrencies.^[24][25]

2024–2025

In August 2024, Gate sponsored Coinfest Asia 2024, hosting the official Coinfest party on August 22. Two days later, on August 24, Gate became the official sleeve sponsor of FC Internazionale Milano. On August 28, Gate participated in WebX2024 in Tokyo and hosted the Web3 Vision VCxIP Summit, marking the event by illuminating Tokyo Tower in its branded colors.

In December 2024, Gate Group completed the acquisition of Japan-licensed exchange Coin Master to launch a compliant digital asset trading platform in Japan.^[26][27]

On September 18, 2024, during the TOKEN2049 event in Singapore, Gate hosted the "Gateway to Championships" event and held a partnership signing ceremony with Inter.^[28][29] On October 22, 2024, Gate sponsored the Dubai Blockchain Life 2024 conference.^[30][31] On November 18, 2024, Gate officially launched its over-the-counter trading platform, Gate OTC Malta.^[32]

In February 2025, Gate became an official sponsor of Oracle Red Bull Racing in Formula 1^[33][34] and sponsored the Consensus conference and served as the exclusive power behind the Token of Love Hong Kong Music Festival.^[35][36]

As of May 8, 2025, Gate's total value of reserves stood at $10.865 billion, with a total reserve ratio of 128.57% and an excess reserve of $2.415 billion.^[37][38] Partnering with U.S. auditing firm Armanino LLP, Gate regularly discloses reserves using an open-source Merkle Tree services, allowing users to verify their assets at any time.^[39]

Legal Status

Gate is a globally recognized cryptocurrency exchange and virtual asset service provider, which is one of the exchanges under Gate Group. The Gate Group restricts its services in certain geographic locations, and has successfully obtained the following licenses and approvals to offer a wide range of services tailored to different markets.

Europe

In Europe, Gate Group has secured licenses and registrations in various countries. This includes Class 4 Virtual Financial Assets (VFA) Licence to carry out Virtual Asset Exchange and Custodian Services in Malta,^[40][41] registrations as a Virtual Assets Service Provider (VASP) in Lithuania^[42] and Italy, and the registration of charity in Gibraltar.^[43]

Gate obtained a crypto services license in Lithuania in September 2022.^[44]

Middle East

Expanding its presence to the Middle East, Gate Group has obtained a license from the Dubai Multi Commodities Centre (DMCC) to carry out proprietary trading in crypto-commodities in the United Arab Emirates (UAE).^[45] Additionally, in November 2022, Gate Group launched Gate Turkey to serve the Turkish market and meeting the needs of crypto traders in the country.^[46]

In April 2025, Gate Technology FZE ("Gate Dubai"), a part of Gate Group, secured a full operational license from the Virtual Assets Regulatory Authority (VARA) in Dubai.^[47]

Asia

In Hong Kong, Hippo Financial Services Limited of Gate Group acquired the Trust & Company Service Provider (TCSP) License in 2022.^{[48][49][50][51]}

America

Gate Global UAB is registered as a VASP in Argentina to provide cryptocurrency exchange and wallet services. In January 2024, Gate Group entities received approval from the Securities Commission of The Bahamas to operate as digital asset businesses, allowing them to exchange digital assets with fiat currencies and offer various digital asset exchange and transfer services.^[52]

Products

Gate is a centralized cryptocurrency exchange with various digital asset products and services, including spot and margin trading, perpetual futures, options and NFTs.

Trading

Gate has spot trading, margin trading, push payments and convert function between different cryptocurrencies, as well as perpetual and delivery futures, options and CBBCs. Users who are new to the cryptocurrency market can also use the copy trading function to automatically replicate the trading strategies of seasoned traders.^[53]

Products and services

Apart from financial services, Gate offers GateChain, a decentralized ecosystem for storing, issuing, and trading digital assets, as well as Gate Ventures, Gate Grants, Gate Labs, Gate NFT, Wallet S2, MiniApp platform, Gate Alpha, Gate Life, Gate Learn & Research, Gate Post, Gate Live, Gate Charity and GameFi Center. In August 2019, Gate launched its trading token GateToken (GT) on its GateChain mainnet.^[54][55] In connection with this, the Whitepaper of its blockchain protocol, HipoSwap, was also released on 14 September 2020.^[56] A little later in 2021, GateChain mainnet announced that it officially supports Ethereum Virtual Machine (EVM).^[57]

GateToken (GT)

GateToken (GT), the native token to its public chain GateChain was launched in 2019. It can be used to pay the gas fees for transactions that take place on the network.^[58][59][60] A total of over 178 million tokens have been burned to date. As of January 25, 2025, the price of GT reached $25.96.^[61][62]

Web3 ecosystem

Under the Web3 ecosystem, Gate has a spot market DEX, a multi-chain router for token swapping, staking and earning aggregator, NFT marketplace and Gate Wallet. Gate Wallet is a multi-chain aggregation and non-custodial decentralized wallet for users to manage assets on different chains.^[63][64]

In November 2022, Gate launched its crypto-based payment solution, Gate Pay. Gate Pay allows users to make purchases using cryptocurrencies securely, further driving crypto and Web 3.0 adoption to the public.^[65][66]