Gate.io launches crypto service for brokers and market makers

The Broker program supports three types of brokers: Portal, API, and Exchange. Each type of broker will earn rewards and bonuses based on their use of the platform.

Gate.io has launched an institutional services arm that provides the tools to help institutions increase their exposure to crypto.

“Gate Institutional” will speak to market makers (MMs) and brokers in mixed times for the crypto industry: Adoption has never been higher, but the current market crash has spelled doom. alarm among retail and institutional players.

“More and more institutions are interested in cryptocurrencies and are looking to diversify their portfolios. To make it easier for them to access crypto services, Gate.io launched Gate Institutional. As a comprehensive crypto ecosystem, Gate Institutional will benefit a wider range of brokers and market makers,” said Business Development Manager at Gate.io.

Gate.io, which recently launched a massive promotional campaign with $10 million in liquidity to support brokers on the platform, has developed programs for brokers and market makers as it seeks to increase liquidity while continuing to expand.

Gate io’s Market Maker program supports some of the world’s leading cryptocurrencies with flexible trading strategies, frequency of 900r/s for order placement, 5000r/s for order cancellations and support for more than 300 connections via WebSocket.

The Broker program supports three types of brokers: Portal, API, and Exchange. Each type of broker will earn rewards and bonuses based on their use of the platform.

The Institutional branch will also issue an exclusive NFT pass, which users can hold to access the Gate.io metaverse. Additionally, the NFT has been upgraded with 3D capabilities and will allow users to gain whitelist qualifications or direct airdrops.

Marshall Islands-based Gate.io stresses the importance of market makers, a key component of crypto chess as they provide liquidity to decentralized and centralized exchanges. The digital asset exchange has over 1,300 coins and tokens listed on its platform with over 10 million registered users.

As for the Market Maker incentive program, Gate.io aims to promote its premium services by offering rewards to top liquidity providers: from a monthly prize pool of $200,000 to a free 30-day VIP+1 experience , interest-free loans worth up to $4 million, exclusive COLO services with millisecond updates, and more.

In order to participate in this campaign, all accounts on Gate.io or new accounts from other platforms must have exceeded trading volumes of 3000 BTC in the previous 30 days through spot trades or contracts , the company said, adding that users with VIP members between level 8 and level 15 are welcome to join the campaign.

The exchange offers spot, margin, futures and contract trading in addition to DeFi products through Hipo DeFi, custody services through Wallet.io, investments through Gate Labs and its dedicated GateChain platform.

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