Cryptocurrency exchange Gate also recently introduced free trading for spot USD trading pairs. Besides, the exchange has also applied to “merge” a number of stablecoins into a single USD.
Gate.io issues zero-fee trading for all USD spot trading pairs like BTC/USD, ETH/USD, SOL/USD, ADS/USD etc., starting at 16:00, September 11 UTC.
According to the exchange’s announcement, from August 27, 2021 (UTC+7) Gate.io will delist coins USDC, TUSD, PAX, BUSD, HUSD (convert to USD market) . And will convert USDC, TUSD, PAX, BUSD, HUSD into USD at 1:1 ratio for users. The withdrawal service is not affected.
Recently, Binnace also applied this form of “Auto-Conversion” to BUSD with the aim of “enhancing liquidity and capital efficiency for users”.
Gate.io is a new exchange operated by Gate Technology Inc – a new cryptocurrency trading website that aims to provide its members with an alternative to existing exchanges. dominate the market.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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