Can the Terra Rebel update give LUNC investors a reason to rejoice
QuadrigaCX funds transfer: Is there a dead CEO on the block
Here is what Shiba Inu traders can expect after the recent liquidity hunt
Here’s why ETH co-founder Vitalik Buterin has high hopes from crypto in 2023
Is Ethereum ready for a pivot as this ETH front sees renewed interest
Why BTC holders shouldn’t worry despite LTHs exiting their positions
BTC can remain sturdy in the final days of 2022 despite this let down from miners
Assessing the state of Bitcoin’s [BTC] demand in the derivatives market
Bitcoin: Why good things may not come to all who wait especially as BTC hits…
Bitcoin (BTC) Price Prediction 2025-2030: BTC’s bottom will come in by…
Here’s why ETH co-founder Vitalik Buterin has high hopes from crypto in 2023
Is Ethereum ready for a pivot as this ETH front sees renewed interest
ETH could see a small bounce from $1180, but can traders expect an uptrend
Ethereum bulls awaken from years of slumber; can ETH avoid a bearish pivot
Ethereum: Whales switch >100K ETH but will it help regain $1,200
Published
on
By
The US crypto exchange industry has grown significantly, with hundreds of exchanges contesting the market. However, with the collapse of FTX, the market lacks major competition that offers services beyond just spot trading on a few mainstream assets. Regardless, smaller and newer exchanges entering the market are seeing a rise in user count, showing that demand is high for new alternative platforms.
As the demand for trustworthy and comprehensive trading services increases, Gate US is looking to fill the void. The exchange recently announced it had obtained a license to operate in the US and plans to bring services centered on comprehensivity, security, and compliance to the market.
A new option for US retail and institutional traders
“US market is probably the most important crypto market in the world with huge growth potential. For Gate US, we hold security and compliance as our serving purpose and key commitment to users. Therefore we set to make sure to adhere to all applicable laws and regulations from the beginning. We are proud and excited to deliver our secure and professional crypto asset services to the US market very soon.” said Dr. Lin Han, Founder and President of Gate US and also Founder and CEO of Gate Group.
Although not yet offering services, Gate US will bring new, seasoned competition to the US market. According to Han, Gate US is holding itself to a high standard for user asset security and has committed to a multi-faceted security approach from launch. On top of strict security protections for user data and assets, the exchange will implement third-party audited Proof of Reserves with Merkle tree verification. Further, Gate US will commit to a multi-faceted security approach for users.
Compliance and security are a top priority
Gate US has emphasized embracing regulations as it enters new states. Specifically, Gate US is expanding its compliance teams to meet current and future regulations. This approach is critical for exchanges that want to guarantee operations are compliant in the present and future.
“We are expanding Gate US’s local operations team to ensure services are compliant and customized to the US market, in addition to reinforcing our capacity to bridge new partnerships to enhance offerings,” said Dr. Lin Han.
Moving to 2023, Gate US plans to obtain approvals and licenses in more US states before commencing services and accepting new users. With a tried and tested security approach, trading services and tools decades in the making, and a heavy focus on compliance, Gate US is primed to become a leading and competitive US crypto exchange.
Disclaimer: This is a paid post and should not be treated as news/advice.
Here is what Shiba Inu traders can expect after the recent liquidity hunt
Wafini: Cardano-based DAO powered NFT marketplace launches fully functional demo
With Masters in Mass communication and journalism, Anjali’s interests lie in blockchain technology adoption across emerging economies.
Your email address will not be published.
document.getElementById( “ak_js_1” ).setAttribute( “value”, ( new Date() ).getTime() );
Disclaimer: AMBCrypto’s content is meant to be informational in nature and should not be interpreted as investment advice. Trading, buying or selling cryptocurrencies should be considered a high-risk investment and every reader is advised to do their own research before making any decisions.
