Gate.io announced its partnership with Pyth Network, the decentralized financial information provider for cryptocurrency, in order to deliver reliable pricing data.
“Providing users with accurate and reliable cryptocurrency price data is one of our top priorities at Gate.io. Over 6 million users around the world rely on up-to-date, reliable data when trading on our platform and as such we have partnered with Pyth network to ensure the best possible trading experience for our users,”
Marie Tatibouet (Chief Marketing Office, Gate.io)
Gate.io was established in 2013. It is one of the oldest cryptocurrency trading platforms in the world. Over 6 million people use the platform, which offers over 1700 trading pairs and 1,000 cryptocurrencies. Gate.io provides spot trading as well as leveraged futures, derivatives, and regular spot trading. Gate.io offers cryptocurrency trading in addition to an investment arm called Gate Ventures. This native ecosystem is in GateChain and includes an NFT market in NFT Magic Box, as well as a DeFi platform, Hipo DeFi.
Pyth network (Solana-based data aggregate platform) is for decentralized finance (DeFi). This platform makes it possible to access high-fidelity, time-sensitive data and solves a DeFi problem.
Gate.io is convinced that the DeFi market will continue to mature and grow, which could lead to a shift in the world’s financial markets. Partnering with Pyth network allows data providers like Gate.io to provide constant market data. Developers can access the data on the blockchain directly. Gate.io is leveraging its status as the top cryptocurrency exchange to help promote the growth of the DeFi global ecosystem.
Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information. This includes data including charts and buy/sell signal signals. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.