Zero-Fee Trading on Spot and Contract Markets is Available on Gate.io

Jamie Larson

• 3 min read
Zero-Fee Trading on Spot and Contract Markets is Available on Gate.io

What is superior to low fees? No costs. ZERO trading fees are now available on the majority of spot and contract market trading pairs, according to Gate.io. For spot and other markets, the no-fee structure was introduced in two phases on September 16 (UTC) and September 20 (UTC), respectively.

This drastic reduction in fees follows a transformative year for the exchange and is an audacious effort to give back to the cryptocurrency community. Gate.io is the most economical platform in the business for trading cryptocurrencies thanks to the removal of fees on a scale that is unmatched by any other mainstream exchange.

No-cost breakdown

Maker and taker costs for all spot market USD, BTC, and ETH quote currency trading pairs as well as BTC/USDT have been entirely eliminated as a gift of goodwill to millions of consumers worldwide as of September 16. (UTC). All spot ETF pairs, USD-M and BTC-M perpetual futures pairs, and USDT-M and BTC-M delivery futures pairs will be fee-free as of September 20 at 10:00 (UTC).

Stablecoins that are pegged to the US dollar, such as USDC, TUSD, PAX, BUSD, and HUSD, can be traded as USD spot pairs without conversion or commissions because their value is in US dollars. Having no fees makes trading much more affordable because USD-pegged stablecoins are the most widely traded stablecoins on the market. Until further notice, these reduced costs will be in effect indefinitely.

Collaborating with the crypto community

Gate.io is offering assistance to users so they can weather the storm together because the cryptocurrency market has been rather slow so far this year.

Ethereum's Merge has recently been able to pique the interest of both its fans and the broader crypto community. The flourishing ecosystem of Ethereum will be supported by the availability of free ETH trading. And despite the present bad market, Bitcoin continues to be by far the most traded digital asset. Making Bitcoin a fee-free asset facilitates trading for millions of users.

less costs. less anxiety

Gate.io makes trading safe, simple, and affordable so that traders may pay more attention to their positions and methods and less attention to the rest.

Following Gate.io's 9th anniversary, which also featured redesigned branding, cheaper and more flexible costs platform-wide, trading competitions with multi-million dollar maximum prize pools, and much more, eliminating trading fees is another improvement to the user experience.

User asset security is always given top emphasis on Gate.io. It was the first exchange to offer verifiable user asset reserves, which are currently undergoing another examination by a qualified organization. Consequently, all user assets on the exchange are actually held and are always available for withdrawal.

Millions of cryptocurrency users worldwide rely on Gate.io for a complete and secure trading experience thanks to its nearly ten years of development, fine-tuning, and industry knowledge. Users get access to lending, contracts, options, NFTs, Web3, copy trading, special fee discounts, and bonus awards while trading more than 1,500 cryptocurrencies on more than 2,500 trading pairs in the spot and futures markets.

Regarding Gate.io

Gate.io, one of the crypto industry's pioneers, was founded in 2013. A wide range of ecosystems, including a public blockchain, decentralized finance, research and analysis, venture capital investing, wallet services, startup incubator labs, and more, have been built by the company.

Gate.io provides services for trading a variety of popular digital assets and already has over 10 million members globally. Based on liquidity and trading volume, it has continuously been listed among the top 10 cryptocurrency exchanges on CoinGecko. It also has a rating of 4.5 from Forbes Advisor, making it one of the Best Crypto Exchanges for 2021.

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