GateToken

Halal Rating :
Comfortable
Last Price $21.0 Last updated:
Rank 50
1D Change -1.59 %
Market Cap $1.87b
Circulating supply 88,747,420
Maximum supply None

Crypto Overview

Categories
  • Marketplace
  • Centralized Exchange (CEX) Token
  • Discount Token
  • Ethereum Ecosystem
  • Solana Ecosystem
  • FTX Bankruptcy Estate

Purpose and Utility

GateToken (GT) is the native token of Gate.io, one of the largest cryptocurrency exchanges globally. The token serves multiple utilities within the Gate.io ecosystem: reduced trading fees, participation in exchange governance, access to new token listings through launchpad initiatives, and collateral for margin trading.

Business Model Analysis

The business model centers around providing utility within the Gate.io exchange ecosystem. The token's primary functions are transparently documented and align with standard exchange token models. Trading fee discounts represent a legitimate exchange of value, while governance participation provides real utility to token holders.

Real-World Adoption

GT demonstrates significant adoption within the Gate.io ecosystem, with active usage for fee reduction and participation in platform governance. The token maintains consistent trading volume and utility metrics on the exchange.

Platform Development

Gate.io regularly updates its platform and expands GT token utility. The exchange continues to develop new features and use cases for GT, indicating ongoing commitment to the token's ecosystem.

Token Distribution

GT follows a transparent token distribution model with published allocations. While exact founder holdings are not publicly disclosed, the token demonstrates regular trading volume and liquidity across multiple exchanges.

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