Facts about Gate.io exchange
Gate.io is a centralized crypto exchange that was founded in 2013 and is based in Hong Kong. As of April 2024, the platform offers 2043 coins and 3347 trading pairs. It is one of the 10 largest cryptocurrency exchanges in the world.
Today it has over 10 million users from over 220 countries. Based on the data analyzed and provided by the Cryptocurrency Exchange Ranking (CER), Gate.io is one of the top crypto platforms in terms of cybersecurity.
According to CoinGecko, the exchange has the highest trust score. And it is known for listing only reliable assets that can bring investors a good return.
Why choose Gate.io for your token listing?
Gate.io has rather strict criteria for choosing the tokens that will be listed. And crypto investors are aware of that fact which increases their trust in the offered coins and their readiness to trade them.
For new and innovative blockchain projects, Gate.io has launched its Gate.io Startup IEO platform. Initial exchange offerings are a great opportunity for early-stage companies to attract the attention of crypto investors, raise funds, and, simultaneously, be presented on a well-established exchange with a good reputation.
VIP users of the exchange, as well as holders of the platform’s native token (GT) can enjoy the benefits of airdrops that are regularly launched in the Startup section.
If a token sale on this platform turns out to be a success, the token will be chosen for being listed on the Gate.io exchange.
Gate.io’s score metrics
When choosing a venue for listing, it is important to check its reputation and general rank in comparison to other exchanges. A good choice is to check how CoinGecko, CoinMarketCap and Nomics rate the exchange.
CoinGecko uses Trust Score, a rating algorithm evaluating the legitimacy of an exchange’s trading volume. Trust Score is calculated on a range of metrics such as liquidity, scale of operations, cybersecurity score, and more. Gate.io’s Trust Score is 8, which is quite high.
CoinMarketCap’s Exchange Score is based on the following factors:
- Web Traffic
- Average Liquidity & Volume
- the Confidence that the volume reported by an exchange is legitimate. Weights are assigned to the above-mentioned factors and a score from 0.0 to 10.0 is given to the Spot Exchange.
Gate.io’s Exchange Score is 6.9 (ranked 8th on CoinMarketCap spot exchange list sorted by the Exchange Score).
Nomics’ metric is called Impact Score – and represents an exchange’s influence on the price of assets it trades. The score is a combination of web traffic, volume, and other factors.
Gate.io’s Impact Score is 7.48.
The second Nomics metric, called Transparency Rating is a very high A. Nomics explains the purpose of these scores as rating cryptocurrency exchanges by their willingness to provide auditable history.
Listing on Gate.io with our help
We can support you on your way to list your token and later manage liquidity on Gate.io and other exchanges. The usual process looks like this:
- We set up a call to understand the phase of your project. The following points will be discussed:
- Are you already listed on DEXes or CEXes?
- What is the tokenomy of your project?
- Do you have a listing strategy for your token?
- We discuss the best possible liquidity strategy for your project.
- If we agree to set up a partnership, we introduce you to verified managers of one or more exchanges (listing support).
- After your project gets listed on an exchange, we help you build your markets on platforms.
Why do you need a market maker?
Managing a token startup is a real challenge. As a cryptocurrency project, you need to focus on building your products and services and leave liquidity to market makers.
A market maker will help you:
- deepen the liquidity on your token’s books and make them more stable – which helps mitigate the price fluctuations of your coin
- lower spreads between bids and asks so that the prices get fairer for investors; that reduces the cost of entering and exiting positions and encourages investors to trade your coin
In the 24/7 cryptocurrency markets, well-managed assets are supported by algorithmic market makers. They provide liquidity through their market-making services, supported by fully automated software algorithms. Empirica’s liquidity products are reputable top-notch algorithmic market making solutions.