Gate.io, the cryptocurrency buying and selling platform, has launched a $100 million trade liquidity help fund to assist revive the crypto trade.
The fund is open to all market makers, high-frequency buying and selling establishments, high-quality itemizing tasks, and different institutional purchasers or HNW people, together with however not restricted to Gate.io or different platforms from the trade.
Gate has established a $100 million trade liquidity help fund for all market makers, high-frequency buying and selling establishments, high-quality itemizing tasks, and different institutional purchasers or HNW people. https://t.co/k0fRrHcxQa
— Wu Blockchain (@WuBlockchain) December 6, 2022
Gate.io has a powerful observe document of success, being inside the prime 3 world spot buying and selling volumes, and boasting over 12 million customers worldwide. Having weathered a number of crypto winters, the corporate is now providing help to assist restore confidence within the trade.
The liquidity help fund is designed to supply funding of as much as $10 million equal token funding help for every buyer, primarily based on their particular person wants. The funds can be utilized for market making and buying and selling in Gate.io’s spot and futures markets, inside the scope of threat management. There is no such thing as a deadline for the fund and the quantity might be elevated at any time, relying on market circumstances.
Gate.io welcomes all trade members to hitch the liquidity help fund and work collectively to help the expansion of the crypto trade.
