The crypto trading platform Gate.io continues to play a key driving role in the BRC 20 ecosystem. It not only provides systematic support, provides comprehensive infrastructure solutions, and 100% reserve verification, but also makes significant contributions to the ecosystem.
Be the first to lay out the BRC 20 ecosystem
As an early supporter of the BRC 20 trading platform, Gate.io has always been committed to providing users with safe and reliable BRC 20 trading services. Gate.io is the first centralized exchange to launch BRC 20 tokens. It officially launched $ORDI (Ordinals) trading on May 8, 2023, and has increased by more than 27 times since its launch.
BRC 20 market rises rapidly
As the price of BTC exceeded $44,000 USD, the BTC ecology and BRC 20-related concepts quickly heated up. Gate.io BRC 20-related tokens dominated the BRC 20 market with a trading volume of $116 million in the past 24 hours. Among them, ORDI increased by 17.66%, and PIZABRC increased by 201.04%, showing outstanding market potential.
BRC 20 Infrastructure Solutions
The BRC 20 infrastructure solution provided by Gate.io is getting a lot of attention. The protocol inscribes BRC 20 token information directly on the Bitcoin blockchain, eliminating reliance on any second-layer network. In order to optimize the BRC 20 ecological experience, Gate.io provides a series of free infrastructure services, including BRC 20 token wallet services, distribution services, transaction services, and withdrawal and transfer services.
• Wallet service: Obtain an on-chain Bitcoin address through the Gate.io BTC deposit page to receive BRC 20 tokens;
• Distribution service: In order to reduce network distribution costs, Gate.io provides free distribution services for the BRC 20 ecosystem;
• Trading services: Users can enjoy the highly liquid market of BRC 20 tokens at low cost without high network fees;
• Withdrawal and transfer service: The BRC 20 token withdrawal service is open, and anyone can withdraw the BRC 20 assets held at any time.
Gate.io supports 20 BRC 20 tokens
Gate.io currently supports 20 BRC 20 tokens, including ORDI, SATS, RATS, MAJO, TRAC, VMPX, PEPEBRC, and more. This diverse token ecosystem reflects Gate.ios expertise in providing a full range of digital asset services and provides users with a wider range of choices. Users can explore more popular BRC 20 tokens in the BRC 20 section.
BRC 20 tokens 100% proof of reserves
To further emphasize its commitment to the security of user assets, Gate.io announcedBRC 20 tokens 100% proof of reserves. As of 10:00 on December 5, 2023, the reserve ratios of top assets such as ORDI, SATS, and RATS held by Gate.io all exceeded 100%. This measure is a clear guarantee of security and provides strong confidence to BRC 20 community users. In addition, Gate.io’s overall 100% reserve balance exceeds 400 million USDT, fully ensuring the safety of user assets.
Gate Web3 Wallet helps digital asset management
Developed independently by Gate.io, the non-custodial cryptocurrency wallet Gate Web3 Wallet not only supports mainstream digital currencies, but also provides users with the ability to easily create, receive and transfer BRC 20 tokens. The implementation of this function provides users with a more convenient digital asset management experience, which is consistent with Gate.ios consistent user-oriented philosophy. Users can enjoy a seamless trading experience of BRC 20 tokens through Gate Web3 Wallet at any time.
With its unremitting efforts in the BRC 20 ecosystem, Gate.io has become a leader in this field. Through its technological innovation, free infrastructure services, and strong emphasis on user asset security, Gate.io has contributed significantly to promoting the development and innovation of BRC 20. In the future, Gate.io will continue to lead the development of the BRC 20 field and provide users with more innovative and secure digital asset services.
