The cryptocurrency exchange Gate.io announced details of its ninth birthday celebrations. On May 27, the platform will unveil a new website design and branding, and will also update its mobile app. In addition, the exchange will run several contests with a total prize pool of $9 million, according to a press release.
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The redesign will affect the logo, tagline and colour scheme. In the mobile app, Gate.io will introduce a Lite App mode with a simplified interface for trading 1,400 cryptocurrencies and tokens.
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Gate.io will also hold a series of contests with a total prize pool of $9 million. The first event will be the ‘Golden Bar’ contest. Participants will share a prize pool of $50,000, and the winner of the contest will receive a gold bar weighing 999 grams.
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Gate.io is a Chinese cryptocurrency exchange that serves 10 million users and ranks among the top 10 exchanges by traffic. In 2021 the platform received a Forbes Advisor rating of 4.5. The exchange adheres to the recommendations of global financial regulators and may deny residents of the United States, Canada, and several other countries access to parts of its tools.
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Until June 30 reduced trading commissions for large traders who moved from other platforms.
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