Gate.io, the cryptocurrency buying and selling platform, has launched a $100 million trade liquidity assist 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 shoppers 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 assist fund for all market makers, high-frequency buying and selling establishments, high-quality itemizing tasks, and different institutional shoppers or HNW people. https://t.co/k0fRrHcxQa
— Wu Blockchain (@WuBlockchain) December 6, 2022
Gate.io has a robust monitor file of success, being inside the high 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 assist to assist restore confidence within the trade.
The liquidity assist fund is designed to offer funding of as much as $10 million equal token funding assist 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 danger management. There isn’t 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 assist fund and work collectively to assist the expansion of the crypto trade.
