AMA RECAP : CRYPTO CHALLENGERS x GATE.IOVenue : CryptoChallengersDDate : 11 AUG 2022Time : 01:00 PM UTC.

Guest: MOLLY
They shared detailed information and his opinions about the project GATE.IO

SEGMENT 1 INTRODUCTION.

Gate.io was established in 2013. It has been deeply involved in the industry for 8 years and is committed to being a safe and stable digital currency exchange. It has been ranked in the top ten of the rankings of real trading volume, transparent digital assets, and high return on investment by authoritative institutions in the global industry for many times. It is one of the most trusted digital currency exchanges in the world.

Molly🦁
About Gate.io
Founded in 2013, Gate.io is a worldwide digital asset platform that supports 1400+ cryptocurrencies and 2500+ trading pairs. It offers a variety of trading, lending, and staking features such as spot, NFTs, margin, copy trading, leverage, derivatives, API trading, and more. Additionally, Gate.io provides trading incentives and discounts through its native exchange token GateToken.

Gate.io was awarded a rating of 4.5 by Forbes Advisor, as one of the Best Crypto Exchanges of 2021. Gate.io is also consistently ranked as one of the top 10 cryptocurrency exchanges based on liquidity and trading volume on CoinGecko. It has become one of the verified cryptocurrency exchanges in the market surveillance report of Blockchain Transparency Institute (BTI).

Over 10 million registered users are a reflection of how much you trust Gate.io. We can feel your support every day. We care about every single one of Gate.io users and it is the most genuinely meaningful aspect of our work. We are grateful to have your trust, which is the biggest reason for us to work harder.

1.Could you please introduce Gate.io Exchange to our community?

Gate.io’s mission is ‘to serve the blockchain industry by providing secure and reliable products & services to consumers and companies around the world.’ In 2020, its reserves were audited by Armanino LLP, providing 100% margin verification for its users.

Gate.io has integrated fiat on-ramp services such as MoonPay, Simplex, BANXA, coinify, mercuryo, and advcash. We provide 24/7 online customer support and engages directly with its community through social platforms such as Telegram and Discord.

2.What makes Gate stand out from other exchanges in the same direction at the moment and what do you plan to do to attract more users in the future?

Gate.io was established in 2013, that’s quite a long history in the crypto industry. It’s stable and reliable. It supports 1400+ cryptocurrencies and 2500+ trading pairs. It offers a variety of trading, lending, and staking features such as spot, NFTs, margin, copy trading, leverage, derivatives, API trading, and more. Additionally, Gate.io provides trading incentives and discounts through its native exchange token GateToken ($GT).

If you are an altcoins chaser, you can find currently hot coins at Gate.io.
Among the top 10 exchanges on CMC, Gate.io has the most available coins and markets.

3.Does Gate have a referral program? Can you please explain to us the mechanics of your referral system? What benefits will the referrer receive?

There is a long-term referral program with up to 40% trading fee commission!
Simply check this page https://www.gate.io/referral

What’s more, we have launched a “ Mystery Box Super Giveaway” for new registered users and old users’ referral. There is $1 Million to be given away, Sign Up and Refer will both receive Mystery Boxes, up to $500 a box.

Here are details: https://t.me/GateioOfficialNews/2602

If you have any doubts about this activity, feel free to ask admins in Gate.io English group https://t.me/gateio

4.Could you enlighten the security systems of Gate.io exchange?

Gate.io takes a multi-layered approach to account security implemented through multi-factor authentication, withdrawal whitelists, UKey/Yubikey support, anti-phishing codes, suspicious activity monitoring, and security logs that protect user accounts from unauthorised access. Platform funds are secured by institutional-level online and offline security measures and protected behind physical and encrypted safeguards, eliminating single points of failure.

5.What conditions do we need to meet to trade on the exchange? Identity verification? Are there any restricted areas?

There are some areas that are restricted according to the local laws, the system will remind you when you login on the web. KYC is not required for trading now. Different products may have different restrictions, please go to the product page to check or you can contact live support on web/app. They are 24/7 online.

And all our important latest news and giveaways will be released here. Stay tuned and Join🚀🔥 https://t.me/GateioOfficialNews

SEGMENT 2 TELEGRAM LIVE.

Q1-Jarvis $BTC,
Are the promotions and raffles to celebrate its 9th anniversary really still operational? If so, what promotions are really available? How can we participate in them? and until when will they be?

[In reply to Jarvis $BTC]
The series events of 9th anniversary has ended already. You may stay tuned with our official Telegram channel for latest available activities https://t.me/GateioOfficialNews

Q2-Kimahu,
MY important question,
please where can i buy some tokens?
How do I #GATE.IO sign up for the pre-sale or IDO?
Could you give more details on the IDO for me? What is the schedule, as well as their contribution?

[In reply to Kimahu]
You can buy token on Gate.io website and app via spot market.

To be invest in potential projects at an early stage, you may participate in Gate.io Startup. https://www.gate.io/startup

Startup is one of the outstanding features compared to other CEXs. It’s a token launch platform, it allows users to invest potential gems at its very early stage. And current projects are almost for FREE, it’s not a lucky draw. All qualified participants are able to get tokens! 100% Instead of some platform, it’s a lucky draw, some users will fail to get a token if they are not lucky.. Stable benefits

How to get more allocation (tokens)?
The distribution system is based on the VIP level. The higher VIP level, the more tokens you can get.

Here is the guide to upgrade your VIP level
https://t.me/GateioOfficialNews/2470

Startup tutorial on App https://t.me/GateioOfficialNews/1214

Q3-Fred,
In Gate.IO have they already enabled the alternative that allows us to buy and sell crypto assets through the banking entities that we currently have? If so, users from which country will be able to make these purchases?

[In reply to Fred]
Good question. Yes, we did. You can buy crypto via 3 ways: Credit card, bank transfer and P2P. https://www.gate.io/buy_crypto?method=card&fiat=USD

Q4-Munna Bhaiya,
how much is the subscription fee charged for a http://Gate.io subscription? and can you mention the benefits if we subscribe? and is there a difference in the subscription class on http://Gate.io and if so what is the difference?

[In reply to Munna Bhaiya]
You mean for Startup subscription right? There is no subscription fee. But users need to hold at least $500 in spot assets to be eligible for the subscription. The killing feature of Startup is 100% FREE to claim tokens for free offerings here.

Projects on Startup almost all are FREE offering recently. So, it’s like a candy airdrop. And many projects are initial offering, that means you will have access to potential projects very early.

Q5-Dary,
🔥Gate.io has a token burn mechanism, the GateToken (GT) buyback and burn program got over $17 million in total value recently burned, congratulations Does the token burn mechanism happen regularly? With this deflationary token burning model, will the value of the token be maintained and also to prevent inflation from starting?

[In reply to Dary]
The total number of GT burnt in the first quarter of 2022 (Q1) is 3243433.1032228 GT
The total number of GT burnt in the second quarter of 2022 (Q2) is 3137551.9545226 GT

GT Buy-back Plan

1. From September 1st, 2020, Gate.io will use 20% of the profit from the handling fees in Regular Markets, Margin Trading and Contract Trading (and other major products on the platform) to buy back and burn GTs.

2. In the buy back, 5% of the GTs will be used for development, marketing and eco, and will not circulate in the market.

3. 15% of the GTs will be burned publicly.

4. The buy-back ratio will be adjusted based on the market performance and the industry development (the buy-back ratio shall remain stable in most cases).

5. After the buy-back scheme starts, the Startup Special Offer with Mainstream Currencies for GT burns will no longer be available. For festivals and special celebrations, we will still offer mainstream currencies at a discount, but the funds we receive will be included as the profit for the buy-back instead.

6. Before the buy-back scheme starts, the Startup Special Offer with Mainstream Currencies for GT burns continues.
7. Currently, GT is already under the deflation model.

You may stay tuned on Gate.io official news on the website https://www.gate.io/.

Meanwhile, we will also share latest information on following social media:

Twitter:
🔺https://twitter.com/gate_io
🔺https://twitter.com/Gateio_Startup

News Channel:
📣https://t.me/GateioOfficialNews

Ongoing Activities:
🔅Cryptoweekend: https://www.gate.io/activities/crypto_weekend/#/?ch=cryptoWeekend
🔅New user campaign: https://www.gate.io/activities/mystery-box/?ch=mysteryBox