Gate.io Offers Zero-Fee Trading on Spot and Contract Markets

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Majuro, Marshall Islands, 21st September, 2022, Chainwire

What's better than low fees? No fees. Gate.io is excited to announce ZERO trading fees on most spot and contract market trading pairs. The no-fee structure was launched in two phases, first on September 16 (UTC) and then on September 20 (UTC), for spot and other markets, respectively.

After a breakthrough year for the exchange, this radical change in fees is an ambitious move to give back to the crypto community. The removal of fees on this scale is unmatched by any other mainstream exchange, making Gate.io the industry's most affordable platform for crypto trading.

As a gesture of goodwill to millions of users worldwide, maker and taker fees on all spot market USD, BTC, and ETH quote currency trading pairs and BTC/USDT have been completely removed as of September 16 (UTC). As of September 20 at 10:00 (UTC), there will be no fees on all spot ETF pairs, USD-M and BTC-M perpetual futures pairs, USDT-M and BTC-M delivery futures pairs.

USD-pegged stablecoins such as USDC, TUSD, PAX, BUSD, and HUSD are denominated in USD and can be traded as USD spot pairs without the need for conversion and with no fees. With USD-pegged stables being the most commonly traded stablecoins on the market, having no fees helps make trading much cheaper. These reduced fees will remain in place indefinitely until further notice.

The crypto market has been pretty sluggish so far this year, so Gate.io is lending a hand to users so they can weather the storm together.

Though recently, Ethereum's Merge has managed to spark the interest of its supporters and