{"id":61864,"date":"2022-05-23T14:36:27","date_gmt":"2022-05-23T11:36:27","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=61864"},"modified":"2025-09-05T14:40:03","modified_gmt":"2025-09-05T11:40:03","slug":"gate-ios-ninth-birthday-the-platforms-rise-toward-the-top-10-on-coinmarketcap","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/gate-ios-ninth-birthday-the-platforms-rise-toward-the-top-10-on-coinmarketcap\/","title":{"rendered":"Gate.io\u2019s Ninth Birthday: The Platform\u2019s Rise Toward the Top 10 on CoinMarketCap"},"content":{"rendered":"

Gate.io<\/a> \u2014 one of the oldest cryptocurrency exchanges in the world. On 18 May 2013, it was founded by Chinese entrepreneur Li Han, and since then it has built a whole ecosystem for trading, creating new projects, and analysing the crypto market.<\/p>\n

By the end of May Gate.io plans<\/a> to update its design to align with the modern cryptocurrency world. In the meantime, we detail how the platform has evolved since 2020.<\/p>\n

2020: 3 million users, the GT token, margin-trading certificates and a platform for startups<\/h2>\n

At the end of 2019 Gate.io launched<\/a> its own Gate Token (GT). The exchange distributed a billion GT among Points\u2014the points for paying trading fees with a discount.<\/p>\n

In March 2020 Gate.io made GT the official ecosystem token, and over the year it bought back and burned 700 million coins. This decision led to the price rising from $1 to $13 in just a year.<\/p>\n

\\\"Gate.io
Screenshot of the balance-checking program. Data: Gate.io<\/a>.<\/figcaption><\/figure>\n

Two months later the platform launched<\/a> its own blockchain GateChain<\/a> and made GT its native token. Besides paying transaction fees, GT is used to reduce trading fees on the platform.<\/p>\n

The blockchain developers focused on speed and security:<\/p>\n