GateToken

GateToken (GT)

Full information about GateToken (GT). Current GateToken price in XAU, GT open/close rates, GateToken history charts, GateToken market capitalization and volume.

1 GT = 0.003 XAU Gold (troy ounce) (XAU)
8.7348012 XAU

Last updated: 2024-10-01 01:41:00 UTC - about 7 months ago 1 USD = 0.000298 XAU

General information
Global rank:84
Name: GateToken GateToken
Symbol:GT
Current coin price (XAU):0.003 XAU
Last hour:arrow_upward0.440 %
Last 24 hours:arrow_downward-2.85 %
Last 7 days:-0.170 %trending_down
Capitalisation (XAU):236 862.61 XAU
Volume 24h (XAU):941.12 XAU
Available supply:90 997 029.00 GT
Total coin supply:-1 GT
Start date:2019-05-09
Last updated: 2024-10-01 01:41:00 UTC - about 7 months ago

GateToken/Gold (troy ounce) (GT/XAU) price chart

GateToken/Gold (troy ounce) (GT/XAU) capitalisation and volume charts

What is GateToken (GT)?

GateToken (GT) is a native digital cryptocurrency that operates on the Ethereum blockchain platform. It was introduced as the utility token of Gate.io, a leading global cryptocurrency exchange platform. GT follows the ERC-20 token standard, a technical standard for smart contracts on the Ethereum blockchain that allows the token to enjoy a high degree of interoperability across various decentralized applications (DApps). GateToken offers its holders an array of benefits within the Gate.io ecosystem, making it an integral component of the platform.

Who created GateToken (GT)?

GateToken (GT) was created by Gate.io, one of the long-established and well-known cryptocurrency exchange platforms. Founded by Lin Han in 2013, Gate.io aims to provide a safe, simple, and fair trading platform for its users. With the vision of enhancing the trading experience and providing more value to its users, Gate.io introduced GateToken as a part of their ecosystem.

What is it used for?

GateToken (GT) is used for a variety of purposes within the Gate.io ecosystem. Holders of GT can enjoy reduced trading fees, giving them a more cost-effective trading experience. The token can also be used to participate in "Initial Exchange Offerings" (IEOs) hosted on Gate.io, where new tokens are often launched. It plays a key role in Gate.io's "Point Mining" system, where users earn GT by taking part in transactions.