Gate.io Reports Record Annual Performance
Cryptocurrency exchange Gate.io has demonstrated remarkable growth in 2024, reporting a total trading volume of $3.8 trillion—a 120% increase from the previous year. The platform surpassed 20 million registered users while expanding its offerings with 873 newly listed tokens, including 437 exclusive first listings.
Market Position and Financial Highlights
- Global Ranking: Fourth-largest cryptocurrency exchange worldwide
- Spot Trading Volume: $1.8 trillion
- Contract Trading Volume: $2 trillion
- Reserve Funds: $9.566 billion (123.91% reserve ratio)
- Excess Reserves Growth: 68.89% ($1.846 billion)
Gate.io’s native token, GT, saw exceptional appreciation, rising nearly 300% to reach an all-time high of $18.667 in early 2025.
👉 Discover how GT outperformed major cryptocurrencies
Key Growth Drivers in 2024
Institutional Trading Expansion
- Quantitative Investment Products: Achieved 40%+ annualized returns on USDT-based funds
- Institutional Spot Trading: 4.4x volume increase
- Broker Services: 17x surge in activity
Strategic Regulatory Compliance
Gate.io strengthened its global presence through:
| Region | Action |
|---|---|
| Asia | Acquisition of Coin Master |
| Cyprus | Acquisition of Sheer Markets |
| Malta | MiCA licensing pursuit |
| Argentina | Completed VASP registration |
| Gibraltar, Bahamas, Hong Kong, Singapore, Middle East | Advanced compliance initiatives |
👉 Explore Gate.io’s compliance milestones
Innovative Product Launches
- Gate Startup: Distributed $30 million in airdrops
- Memecoin Products: Pilot and MemeBox generated $1 billion+ trading volume
- Gate Earn: Daily funds grew 185% to $2 billion USDT, supporting 832 tokens
Challenges and Competitive Landscape
Despite Gate.io’s internal metrics indicating strong growth, third-party data from CoinMarketCap presents a different perspective:
- Spot Exchange Ranking: 12th
- Derivatives Exchange Ranking: 13th
Market leaders like Binance ($25B daily volume)** and **Bybit (~$8B daily volume) continue to dominate.
Partnerships and Brand Visibility
Gate.io secured a high-profile collaboration with FC Internazionale Milano (Inter Milan), featuring branding on:
- Men’s and women’s team jerseys
- U20 team sleeves
The financial terms remain undisclosed, but the partnership enhances Gate.io’s global brand recognition.
Frequently Asked Questions
Q: How does Gate.io’s 2024 volume compare to previous years?
A: The exchange reported $3.8 trillion in total volume—a 120% increase from 2023.
Q: What is GT’s price performance?
A: GT surged ~300%, peaking at $18.667 in January 2025.
Q: Which regions did Gate.io expand into?
A: Key expansions include Asia (Coin Master acquisition), Cyprus (Sheer Markets), and Argentina (VASP registration).
Q: How does CoinMarketCap rank Gate.io?
A: It ranks 12th for spot trading and 13th for derivatives, trailing Binance and Bybit.
Q: What is Gate Startup?
A: A service distributing $30 million in airdrops to support new projects.
Q: Which football club did Gate.io partner with?
A: Inter Milan, featuring logo placement on team jerseys.
Gate.io’s 2024 performance underscores its aggressive growth strategy, balancing product innovation, institutional services, and global regulatory compliance. While third-party rankings suggest room for improvement, its internal metrics and partnerships reflect a thriving ecosystem.