Gate Update: Bridging Crypto, TradFi & Sports — New Products, Compliance Wins & Big Rewards
As the week wraps up, Gate has a series of updates to share. Find out what the company has prepared and explore the latest announcements, product developments, and opportunities for traders and investors.
Gate Records Nearly $58 Million in 24-Hour Net Inflows, Ranking Second Among Global CEXs
According to DefiLlama’s centralized exchange data, Gate recorded approximately $57.97 million in net inflows over the past 24 hours, securing second place among global centralized exchanges (CEXs).
The result highlights continued capital movement onto the platform and reinforces Gate’s position among the leading participants in the global cryptocurrency exchange market.
Gate Money Signals a New Direction in Exchange Competition: From Trading to Everyday Payments
According to Cointelegraph’s report on the evolving crypto exchange landscape, competition among cryptocurrency exchanges is increasingly shifting beyond traditional trading metrics toward becoming an integral part of users’ everyday financial lives.
Unveiled at TOKEN2049, Gate Money is designed to bridge the gap between traditional investing and everyday spending. The all-in-one financial application brings together bank accounts opened in users’ own names, fiat currencies, digital assets, and traditional investments such as stocks and gold within a unified account system.
Through the Gate Card, compatible with Apple Pay and Google Pay, as well as a Visa-partnered card, users can access spending functionality connected to their assets. The ecosystem also integrates multi-currency fiat gateways, on-chain transfers, instant conversions, and yield products offering up to 3.6% APR.
Gate Founder and CEO Dr. Han emphasized that the initiative aims to eliminate long-standing friction between managing investments and using funds in everyday life.
Alongside its product expansion, Gate continues to emphasize regulatory compliance and transparency. The company has secured regulatory authorizations and registrations in jurisdictions including Malta, Dubai, and Australia. Its latest proof-of-reserves report shows total reserves of $8.688 billion and an overall reserve ratio of 118.49%.
Gate Update: Financial Innovation, Strong Capital Inflows, and New Trading Opportunities
Happy Friday! As the week comes to a close, Gate continues to expand its financial ecosystem, strengthen its global presence, and introduce new opportunities for traders and investors. From the development of Gate Money and impressive exchange net inflows to new trading competitions, institutional infrastructure upgrades, and upcoming international events, the company has prepared a packed agenda for the end of the week.
In this edition of Gate Update, discover what the company has been working on, explore its latest product developments, and catch up on the most important announcements from October 29–30.
Gate Records Nearly $58 Million in 24-Hour Net Inflows, Ranking Second Among Global CEXs
According to DefiLlama’s centralized exchange data, Gate recorded approximately $57.97 million in net inflows over the past 24 hours, securing second place among global centralized exchanges (CEXs).
The result highlights continued capital movement onto the platform and reinforces Gate’s position among the leading participants in the global cryptocurrency exchange market.
Gate Money Signals a New Direction in Exchange Competition: From Trading to Everyday Payments
According to Cointelegraph’s report on the evolving crypto exchange landscape, competition among cryptocurrency exchanges is increasingly shifting beyond traditional trading metrics toward becoming an integral part of users’ everyday financial lives.
Unveiled at TOKEN2049, Gate Money is designed to bridge the gap between traditional investing and everyday spending. The all-in-one financial application brings together bank accounts opened in users’ own names, fiat currencies, digital assets, and traditional investments such as stocks and gold within a unified account system.
Through the Gate Card, compatible with Apple Pay and Google Pay, as well as a Visa-partnered card, users can access spending functionality connected to their assets. The ecosystem also integrates multi-currency fiat gateways, on-chain transfers, instant conversions, and yield products offering up to 3.6% APR.
Gate Founder and CEO Dr. Han emphasized that the initiative aims to eliminate long-standing friction between managing investments and using funds in everyday life.
Alongside its product expansion, Gate continues to emphasize regulatory compliance and transparency. The company has secured regulatory authorizations and registrations in jurisdictions including Malta, Dubai, and Australia. Its latest proof-of-reserves report shows total reserves of $8.688 billion and an overall reserve ratio of 118.49%.
Gate Money Connects Banking and Payment Networks, Backed by International Regulatory Credentials
Further details about Gate Money’s infrastructure and compliance framework are outlined in Cointelegraph’s coverage.
The platform connects account-based payments and transfers, asset conversions, and everyday spending through partnerships with international banks, payment providers, custody services, and clearing organizations.
Eligible users can open and manage bank accounts in their own names, maintain fiat balances in different currencies, make deposits and withdrawals, and transfer digital assets across supported blockchain networks. Feature availability depends on local regulatory requirements, partner capabilities, and individual eligibility.
Gate’s regulatory framework includes MiCA and Payment Institution (PI) licenses in the European Union. Its Dubai entity holds a VARA license, while its Australian entity is registered with AUSTRAC as a digital currency exchange provider. These authorizations apply to the respective legal entities and their permitted activities.
The latest proof-of-reserves figures also demonstrate the scale of Gate’s asset holdings:
- Total reserves: $8.688 billion.
- Overall reserve ratio: 118.49%.
- Bitcoin reserves: 25,727 BTC, with a reserve ratio of 121.60%.
- Ethereum reserves: 449,042 ETH, with a reserve ratio of 123.78%.
Together, financial partnerships, regulatory credentials, and verifiable reserves provide the foundation for Gate Money’s expansion into payments, transfers, and comprehensive asset management.
Gate to Host Gate Gala London During DAS London 2026
According to Gate’s event announcement, Gate Gala London (DAS London Edition) is scheduled for November 10 at The Dorchester in London.
The exclusive dinner, organized alongside Digital Asset Summit (DAS) London 2026, will bring together industry professionals and ecosystem partners to discuss Web3 development, the future of finance, and opportunities for collaboration across the digital asset industry.
On the same day, Gate Founder and CEO Dr. Han will deliver a keynote speech on the main stage titled “Defining the Future of Money: One Gate, Everything Money.”
His presentation will explore transformations in the global financial landscape, the evolution of monetary systems, and the future direction of financial services.
On November 12, Dr. Han will also participate in an event at The Oxford Union, joining other participants for further discussions.
Through these international engagements, Gate aims to strengthen relationships with global financial institutions, digital asset industry leaders, and academic communities.
Gate Money Reduces USD Account Management and Withdrawal Fees by 50%
According to Gate’s official announcement, Gate Money has introduced significant reductions to the fees associated with USD bank accounts held in users’ own names.
Account opening remains free, while two key fees have been reduced by 50%:
- Monthly account management fee: reduced from 2 USDT to 1 USDT.
- USD withdrawal fee: reduced from 50 USDT to 25 USDT per transaction.
Additionally, VIP5 users and above are eligible for a complete waiver of monthly account management fees.
Gate Money supports cross-border deposits and withdrawals in four major fiat currencies — USD, EUR, GBP, and AED — through the SWIFT network.
Eligible users can open a USD bank account in their own name with one click and use the Gate App to manage transfers, convert assets, access yield products, and make everyday payments.
The platform is also running a limited-time account-opening rewards campaign through November 11 at 08:00 (UTC). Users who register for the campaign, complete identity verification, open a USD bank account in their own name for the first time, and make a qualifying bank transfer will have a chance to receive a random reward ranging from 2 to 100 USDT. All rewards are subject to the campaign’s official terms and conditions.
Gate US Introduces USD Balances and Wire Transfers for More Convenient Fund Management
According to Gate US’s official announcement, the platform now supports USD balances for trading, as well as USD Wire deposits and withdrawals.
The upgrade allows customers to keep their funds in USD between trades without having to convert them into stablecoins simply to maintain a balance on the platform.
Verified customers in eligible US jurisdictions can transfer larger amounts directly from a US bank account held in their own name using USD Wire. This method offers higher transfer limits than standard card-based or app-based payment options.
Users can also withdraw USD balances to the same verified bank account, subject to applicable limits and processing requirements.
To access the service, customers can open the Gate US App, navigate to Wallet, select USD, and follow the instructions. They should include the unique reference code provided during the transfer process to ensure their funds are correctly matched to their accounts.
Gate US continues to expand its regulatory presence, holding 37 state Money Transmitter Licenses (MTLs) and serving customers across 47 states and territories.
USD deposits and withdrawals are available only in selected US jurisdictions and are not available to residents of Colorado, Hawaii, Missouri, New Jersey, Utah, or Wyoming.
Gate Ranks Third Globally with $193 Million in Weekly Net Inflows, While Gate US Secures Fourth Place
According to the latest DefiLlama CEX flow data, Gate recorded approximately $193 million in net inflows over the past seven days, ranking third among global centralized exchanges.
Gate US also demonstrated strong performance, recording approximately $38.15 million in net inflows during the same period and securing fourth place.
The results reflect substantial capital inflows across both platforms.
Gate US continues to develop its regulatory and operational infrastructure in the American market. It has obtained Money Transmitter Licenses in 37 US states, with its regulatory coverage extending across 47 states and jurisdictions.
Furthermore, Gate Futures LLC, a wholly owned subsidiary of Gate US, is registered with the US Commodity Futures Trading Commission (CFTC) as an Independent Introducing Broker and is a member of the National Futures Association (NFA).
These registrations and licenses strengthen Gate US’s regulatory foundation as it continues expanding its presence in the United States.
Gate Prediction Markets Launches Top Five European Football Leagues Trading Competition with 20,000 USDT in Rewards
According to Gate’s official campaign announcement, Gate Prediction Markets has launched a new trading competition covering five major European football leagues:
- English Premier League.
- Spanish La Liga.
- Italian Serie A.
- German Bundesliga.
- French Ligue 1.
The campaign runs from October 28 at 10:00 (UTC) through November 13 at 10:00 (UTC), with a total prize pool of 20,000 USDT.
New users who complete their first-trade task and reach a cumulative qualifying trading volume of 50 USDT using their own funds can receive a 10 USDT reward. This offer is limited to the first 500 eligible participants.
The competition also features several reward opportunities:
- Leaderboard rewards: The top 20 eligible participants will share a 10,000 USDT prize pool based on cumulative qualifying trading volume.
- Additional trading rewards: Participants who reach 2,000 USDT in cumulative qualifying volume but do not receive a leaderboard reward can share an additional 5,000 USDT prize pool.
- Scratch cards: Users receive one scratch card for every 10 USDT in qualifying trading volume across the five leagues.
Available prizes include USDT, trading vouchers, event points, and other rewards.
Gate ETF Lists New 3x Long and Short Trading Pairs for SOXS and CBRS, Launching a 60,000 USDT Campaign
According to Gate’s official announcement, Gate ETF added four new trading pairs at 07:00 (UTC) on October 29:
- SOXS3L/USDT — 3x long exposure to SOXS.
- SOXS3S/USDT — 3x short exposure to SOXS.
- CBRS3L/USDT — 3x long exposure to CBRS.
- CBRS3S/USDT — 3x short exposure to CBRS.
To celebrate the new listings, Gate has introduced an ETF trading challenge running from October 29 at 07:00 to November 7 at 07:00 (UTC), featuring a total reward pool of 60,000 USDT.
Eligible participants can receive combined rewards worth up to 670 USDT per person.
The campaign includes four reward categories:
- First-trade bonuses.
- Cumulative trading check-ins.
- Community trading rewards.
- Referral incentives.
Users who complete their first qualifying trade of at least 100 USDT can receive a 10 USDT ETF trading fee rebate voucher.
Cumulative trading check-ins offer rewards of up to 100 USDT, while the community trading reward pool can unlock up to 30,000 USDT. Eligible participants share the unlocked pool proportionally according to their qualifying trading volume, with individual rewards capped at 500 USDT.
Gate Futures Points Airdrop Phase 161 to Offer SOXLG and 100 USDT Position Vouchers
According to Gate’s official announcement, Phase 161 of the Gate Futures Points Airdrop is scheduled to launch on October 30 at 10:00 (UTC).
The campaign features two redemption pools:
- 0.1 SOXLG for 15 Futures Points.
- A 100 USDT position voucher for 20 Futures Points.
Rewards are limited and distributed on a first-come, first-served basis.
The event runs until October 30 at 15:59 (UTC). The SOXLG pool requires users to maintain a Futures Points balance meeting a gradually decreasing threshold of 90–120 points. The 100 USDT position voucher pool requires a minimum balance of 40 points.
Eligible users can participate through the Gate App or the official website. All redemptions are subject to the campaign’s eligibility requirements and reward rules.
Gate Institutional Strengthens Multi-Asset Trading and Risk Management Amid Orderly Market Deleveraging
According to Gate’s latest Institutional Weekly Report, the cryptocurrency market experienced a period of orderly deleveraging between October 19 and 25.
During this period, BTC and ETH declined by 2.42% and 3.37%, respectively. Despite the market correction, US spot Bitcoin ETFs recorded approximately $301 million in net inflows.
Gate TradFi also maintained strong activity, with weekly trading volume returning to more than $110 billion.
Meanwhile, on-chain trading activity, stablecoin supply, and lending volumes declined. Borrowing rates and volatility indicators remained relatively stable, suggesting that the latest reduction in market exposure was primarily driven by participants actively adjusting their positions rather than clear signs of liquidity stress.
Institutional demand for efficient trading and cross-market execution continued to grow.
Gate CrossEx recorded a 200% increase in trading volume compared with the previous reporting period, reaching an all-time high. The platform also expanded its capabilities by adding support for Lighter futures and integrating real stock and ETF trading.
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Anastasiia O. is an editor at MPost, where she focuses on reshaping content across a wide spectrum of topics. With an eye for detail and a genuine interest in storytelling, she helps ensure that the content is both accurate and engaging. Her experience spans multiple areas, providing her with the knowledge to offer insightful contributions to various topics highlighted on the platform.
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Anastasiia O. is an editor at MPost, where she focuses on reshaping content across a wide spectrum of topics. With an eye for detail and a genuine interest in storytelling, she helps ensure that the content is both accurate and engaging. Her experience spans multiple areas, providing her with the knowledge to offer insightful contributions to various topics highlighted on the platform.
