Gate.io Introduces Institutional Services Arm

Wednesday, 11/05/2022 | 10:23 GMT by Bilal Jafar
  • The new arm will facilitate market makers and brokers.
  • Gate Institutional will also issue an exclusive NFT pass.
crypto

Crypto trading platform, Gate.io announced the launch of an institutional services arm to expand its presence today. Dubbed ‘Gate Institutional’, the new arm will focus on providing services to market makers and brokers.

According to the details shared by Gate.io, the newly launched institutional arm will provide essential tools to help institutions enhance their presence in the crypto market. Recently, the crypto trading platform introduced a campaign to assist brokers on the platform.

Established in 2013, Gate.io is one of the oldest crypto exchanges in the world. Amid rising interest in digital assets, Gate.io has seen a sharp surge in the number of users during the last few years.

"More and more institutions are curious about cryptocurrencies and are looking to diversify their portfolios. To ease their access to crypto services, Gate.io launched Gate Institutional. Being a comprehensive crypto ecosystem, Gate Institutional will benefit a wider range of brokers and market makers ,” a spokesperson of Gate.io commented on the recent launch.

Institutional Interest in Crypto

In the past few years, several leading companies in the crypto ecosystem have introduced institutional arms to take advantage of the growing institutional interest in digital assets.

According to Gate.io, its institutional arm will play an important role in the company’s expansion. In addition, Gate.io is planning to issue an exclusive NFT pass.

“Gate Institution's Broker and MM programs are key focuses for Gate.io as it looks to increase liquidity while continuing its expansion. Gate io's MM program supports some of the leading cryptocurrencies in the world with flexible trade strategies, a frequency of 900r/s for order placement, 5000r/s for order cancellations, and support for over 300 connections through WebSocket. Meanwhile, the Broker Program supports three types of brokers: Portal, API and Exchange. Each type of broker will earn rewards and bonuses based on their platform use,” the company added.

Crypto trading platform, Gate.io announced the launch of an institutional services arm to expand its presence today. Dubbed ‘Gate Institutional’, the new arm will focus on providing services to market makers and brokers.

According to the details shared by Gate.io, the newly launched institutional arm will provide essential tools to help institutions enhance their presence in the crypto market. Recently, the crypto trading platform introduced a campaign to assist brokers on the platform.

Established in 2013, Gate.io is one of the oldest crypto exchanges in the world. Amid rising interest in digital assets, Gate.io has seen a sharp surge in the number of users during the last few years.

"More and more institutions are curious about cryptocurrencies and are looking to diversify their portfolios. To ease their access to crypto services, Gate.io launched Gate Institutional. Being a comprehensive crypto ecosystem, Gate Institutional will benefit a wider range of brokers and market makers ,” a spokesperson of Gate.io commented on the recent launch.

Institutional Interest in Crypto

In the past few years, several leading companies in the crypto ecosystem have introduced institutional arms to take advantage of the growing institutional interest in digital assets.

According to Gate.io, its institutional arm will play an important role in the company’s expansion. In addition, Gate.io is planning to issue an exclusive NFT pass.

“Gate Institution's Broker and MM programs are key focuses for Gate.io as it looks to increase liquidity while continuing its expansion. Gate io's MM program supports some of the leading cryptocurrencies in the world with flexible trade strategies, a frequency of 900r/s for order placement, 5000r/s for order cancellations, and support for over 300 connections through WebSocket. Meanwhile, the Broker Program supports three types of brokers: Portal, API and Exchange. Each type of broker will earn rewards and bonuses based on their platform use,” the company added.

About the Author: Bilal Jafar
Bilal Jafar
  • 2440 Articles
  • 83 Followers
About the Author: Bilal Jafar
Bilal Jafar holds an MBA in Finance. In a professional career of more than 8 years, Jafar covered the evolution of FX, Cryptocurrencies, and Fintech. He started his career as a financial markets analyst and worked in different positions in the global media sector. Jafar writes about diverse topics within FX, Crypto, and the financial technology market.
  • 2440 Articles
  • 83 Followers

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