World cryptocurrency buying and selling platform, Gate.io, introduced a partnership with decentralized monetary information supplier, Pyth community, to offer dependable cryptocurrency pricing information on the platform.
“Offering customers with correct and dependable cryptocurrency value information is considered one of our prime priorities at Gate.io. Over 6 million customers around the globe depend on up-to-date, dependable information when buying and selling on our platform and as such now we have partnered with Pyth community to make sure the absolute best buying and selling expertise for our customers,”
mentioned Marie Tatibouet, Chief Advertising and marketing Workplace at Gate.io
Established in 2013, Gate.io has grown to grow to be one of many oldest cryptocurrency exchanges on the planet. The platform serves over 6 million customers, providing over 1,700 buying and selling pairs with 1,000 totally different cryptocurrencies listed on the principle alternate. Gate.io affords common spot buying and selling along with leveraged futures and derivatives buying and selling. Along with cryptocurrency buying and selling, the Gate.io ecosystem additionally has an funding arm, Gate Ventures, a local blockchain ecosystem in GateChain, an NFT market place in NFT Magic Field and a DeFi platform generally known as Hipo DeFi.
Pyth community is a Solana-based information aggregation platform for the decentralized finance (DeFi) market. It helps remedy an issue confronted by DeFi by making obtainable high-fidelity and time delicate information.
Gate.io believes that because the DeFi market continues to develop and mature, the worldwide monetary market will change form. By partnering with Pyth community, information suppliers resembling Gate.io contribute fixed, dwell market information and builders are in a position to entry this information instantly on the blockchain. By leveraging its place as a prime 10 cryptocurrency alternate, Gate.io hopes to advertise and contribute to the growth of the worldwide DeFi ecosystem.