Gate US Launches spot trading in the US crypto market

Gate US has officially started spot trading services in the US cryptocurrency market. This move marks a significant milestone for Gate US Launches in a heavily regulated and skeptical market. According to a recent Gallup survey, while 95% of Americans recognize cryptocurrency, only 35% understand it. Furthermore, 87% see crypto as risky, and just 14% have adopted it.

Features and strategies to attract users

Part of the Seychelles-based Gate Group, Gate US initially offers crypto-to-crypto trading pairs. They are preparing to introduce fiat funding options and custodial wallets soon. Gate Group founder Dr. Lin Han described the launch as a key step in the company’s compliance strategy.

Regulatory challenges and public skepticism

Gate US’s expansion comes as US crypto regulations gain clarity through initiatives like the GENIUS Act. The company focuses on compliance and local market integration to gain trust from regulators and wary consumers.

Market competition and Gate US’s opportunities

Gate US is not alone in the US market. OKX resumed operations after resolving legal issues, and Binance.US plans a comeback. Last year, the US crypto market saw $750 billion in inflows, yet 60% of consumers remain hesitant to engage with digital assets.

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