Financial and Business News

Crypto Exchange Gate.io Posts 120% Volume Growth in 2024 to $3.8 Trillion

Tuesday, 14/01/2025 | 13:25 GMT by Damian Chmiel
  • The platform added 873 tokens and exceeded the 20 million users milestone.
  • It also launched the Gate Startup service, distributing nearly $30 million in airdrops.
gateio

Crypto exchange and digital asset trading platform Gate.io reported a total trading volume of $3.8 trillion in 2024, representing a 120% increase from the previous year, while its registered users exceeded 20 million.

Gate.io Reports Record $3.8 Trillion Volume in 2024, Claims Fourth Market Position

The platform's spot trading reached $1.8 trillion while contract trading hit $2 trillion, cementing its position as the fourth-largest cryptocurrency exchange globally.

The platform added over 873 new tokens in 2024, including 437 exclusive first listings. Gate's reserve funds reached $9.566 billion with a reserve ratio of 123.91%, while excess reserves grew 68.89% to $1.846 billion.

Moreover, Gate.io’s native token GT saw nearly 300% growth, reaching an all-time high of $18.667 on January 9, 2025.

Source: Tradingview.com
Source: Tradingview.com

How did the other indicators perform over the past 12 months, during which Bitcoin reached a record valuation of $108,000?

Gate.io’s Key Performance Metrics in 2024

Institutional Trading

The platform's quantitative investment products delivered strong returns, with its USDT-based fund generating over 40% annualized returns. Institutional spot trading volume increased 4.4 times, while broker services saw a 17-fold jump in activity.

Regional Expansion

Gate also strengthened its regulatory compliance by acquiring Coin Master in Asia and Sheer Markets in Cyprus, while pursuing MiCA licensing in Malta.

The company completed VASP registration in Argentina and is advancing compliance initiatives in Gibraltar, the Bahamas, Hong Kong, Singapore, and the Middle East.

Strategic Initiatives

The company launched Gate Startup , distributing nearly $30 million in airdrops. Its Memecoin-focused products, Pilot and MemeBox, generated over $1 billion in trading volume. Gate Earn's daily funds grew 185% to nearly $2 billion USDT, supporting 832 tokens.

However, these figures differ from those presented by CoinMarketCap. In the list of top cryptocurrency spot exchanges, Gate.io currently ranks 12th, while it also holds the 13th position among derivative exchanges.

Source: CoinMarketCap.com
Source: CoinMarketCap.com

The leaders in the market are Binance, with a daily trading volume of $25 billion, and Bybit, with just under $8 billion.

In the meantime, Gate.io has partnered with FC Internazionale Milano (Inter Milan), a leading Italian football club. While the financial terms of the deal have not been disclosed, the partnership includes branding placement on the sleeves of the men’s and women’s team jerseys. Additionally, the U20 team will also feature the Gate.io logo on the sleeves of their shirts.

Crypto exchange and digital asset trading platform Gate.io reported a total trading volume of $3.8 trillion in 2024, representing a 120% increase from the previous year, while its registered users exceeded 20 million.

Gate.io Reports Record $3.8 Trillion Volume in 2024, Claims Fourth Market Position

The platform's spot trading reached $1.8 trillion while contract trading hit $2 trillion, cementing its position as the fourth-largest cryptocurrency exchange globally.

The platform added over 873 new tokens in 2024, including 437 exclusive first listings. Gate's reserve funds reached $9.566 billion with a reserve ratio of 123.91%, while excess reserves grew 68.89% to $1.846 billion.

Moreover, Gate.io’s native token GT saw nearly 300% growth, reaching an all-time high of $18.667 on January 9, 2025.

Source: Tradingview.com
Source: Tradingview.com

How did the other indicators perform over the past 12 months, during which Bitcoin reached a record valuation of $108,000?

Gate.io’s Key Performance Metrics in 2024

Institutional Trading

The platform's quantitative investment products delivered strong returns, with its USDT-based fund generating over 40% annualized returns. Institutional spot trading volume increased 4.4 times, while broker services saw a 17-fold jump in activity.

Regional Expansion

Gate also strengthened its regulatory compliance by acquiring Coin Master in Asia and Sheer Markets in Cyprus, while pursuing MiCA licensing in Malta.

The company completed VASP registration in Argentina and is advancing compliance initiatives in Gibraltar, the Bahamas, Hong Kong, Singapore, and the Middle East.

Strategic Initiatives

The company launched Gate Startup , distributing nearly $30 million in airdrops. Its Memecoin-focused products, Pilot and MemeBox, generated over $1 billion in trading volume. Gate Earn's daily funds grew 185% to nearly $2 billion USDT, supporting 832 tokens.

However, these figures differ from those presented by CoinMarketCap. In the list of top cryptocurrency spot exchanges, Gate.io currently ranks 12th, while it also holds the 13th position among derivative exchanges.

Source: CoinMarketCap.com
Source: CoinMarketCap.com

The leaders in the market are Binance, with a daily trading volume of $25 billion, and Bybit, with just under $8 billion.

In the meantime, Gate.io has partnered with FC Internazionale Milano (Inter Milan), a leading Italian football club. While the financial terms of the deal have not been disclosed, the partnership includes branding placement on the sleeves of the men’s and women’s team jerseys. Additionally, the U20 team will also feature the Gate.io logo on the sleeves of their shirts.

About the Author: Damian Chmiel
Damian Chmiel
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Damian Chmiel is a Senior Analyst & Editor at Finance Magnates with more than 15 years of experience in the CFD and online trading industry. Active as both a trader and journalist since 2010, he focuses on broker coverage, fintech innovation, and regulatory developments across Europe, the Middle East, and Asia. His work includes interviews with C-level leaders at major brokerages and fintech platforms, as well as co-authoring Finance Magnates’ quarterly industry benchmarking reports. Damian’s reporting is data-driven, market-aware, and grounded in direct industry engagement. His analysis and commentary have also been cited by external media outlets, including Investing.com, Binance, The Asset, Stockhead, and Dispatch. Education: MA in Finance and Accounting, Cracow University of Economics

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