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BTC $78,928.39 -3.01%
ETH $2,216.94 -3.50%
BNB $671.87 -1.34%
XRP $1.43 -4.42%
SOL $89.06 -3.92%
TRX $0.3514 -0.49%
DOGE $0.1130 -3.14%
ADA $0.2607 -4.78%
BCH $424.63 -3.03%
LINK $10.02 -5.10%
HYPE $44.02 +0.65%
AAVE $92.72 -7.06%
SUI $1.09 -8.65%
XLM $0.1540 -5.95%
ZEC $516.54 -6.95%

lita

Gate launches localized fiat recharge channels in the CIS region to facilitate easy access to crypto assets

Gate officially launches a localized fiat recharge channel for certain countries in the CIS, further strengthening its service capabilities in the regional market. This initiative aims to meet the growing demand for cryptocurrency purchases locally, with the current daily trading volume in the region at approximately $650 million and an active user base reaching millions, significantly increasing the demand for convenient, secure, and compliant recharge methods.The localized recharge channel launched by Gate allows users to use local currency and directly purchase mainstream cryptocurrency assets through familiar payment methods, effectively lowering the barriers to cross-border transactions. In terms of functionality, the platform supports real-time bank transfers, bank cards, and other mainstream local payment channels, effectively avoiding the high fees and delays associated with traditional cross-border transfers, enabling users to complete fund entry at a lower cost.At the same time, this channel provides complete localized support, including interface, customer service, and documentation in the local language, and supports selected mainstream cryptocurrency asset trading, achieving an efficient connection from fiat recharge to asset allocation, further promoting the popularization and development of the regional cryptocurrency market.In the future, Gate will continue to integrate payment infrastructure, enhancing transaction efficiency while improving the stability and reliability of fund circulation, further optimizing the user experience.

Funds are accelerating towards leading liquidity platforms, with Gate institutions facilitating efficient trading and strategy execution

According to the latest weekly report released by Gate, in the past week (from April 20 to April 26), driven by the easing of geopolitical tensions and rising expectations for interest rate cuts, BTC rose from $68,000 to above $77,000, with market sentiment remaining "cautiously optimistic." ETF funds continued to see net inflows, indicating that institutions are steadily increasing their positions amid fluctuations, with capital accelerating towards high liquidity assets and deep trading platforms.There was a noticeable rotation of on-chain funds: PancakeSwap's trading volume approached $36 billion, the supply of USDT was nearly $200 billion, while USDe saw a net outflow of about $2 billion; in the DeFi sector, Aave's lending balance decreased, with liquidity shifting towards Spark. In terms of derivatives, the funding rate for BTC remains negative, while the activity and volatility of options have increased. The market will pay attention to the FOMC interest rate meeting and the volatility effects brought by the unlocking of OP, SUI, and ENA.Against this backdrop, Gate continues to strengthen its institutional service capabilities, providing high-performance matching, deep liquidity, and multi-exchange strategy support to meet high-frequency and arbitrage demands. At the same time, through a comprehensive asset security and custody system, combined with a one-stop solution for spot, contract, and multi-asset trading, it helps institutions execute efficiently and lay out robust strategies in a volatile market.
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