Introduction to the total issuance of GT and the exchanges listed

GT, the native token of the Gate.io exchange, has a total issuance of 1 billion tokens and is listed on numerous cryptocurrency exchanges, including Tier 1 exchanges like OKX and Binance.

Oct 28, 2024 at 09:42 pm

Total Issuance and Exchange Listings of GT Tokens

1. Total Issuance

The total issuance of GT (Gate Token) is 1 billion tokens. It is designed to have a deflationary supply, with periodic token burns reducing the circulating supply.

2. Exchange Listings

GT is listed on numerous cryptocurrency exchanges, including:

Tier 1 Exchanges:

OKX
Binance
Huobi Global
KuCoin
FTX [Bankrupt, not included]

Tier 2 Exchanges:

MEXC Global
BitMart
Poloniex
Bybit
Kraken

Tier 3 Exchanges:

ZB.com
Gate.io
Bittrex
Upbit
LBank

3. Deflationary Mechanism

GT employs a deflationary mechanism through periodic token burns. A portion of the fees generated on the Gate.io exchange is used to buy back and burn GT tokens. This reduces the overall supply of GT, potentially increasing its value in the long run.

4. Use Cases of GT

GT serves various use cases on the Gate.io platform, including:

Trading fee discounts
Margin trading fee reductions
Voting rights in the Gate.io ecosystem
Staking rewards
Payment for services within the Gate.io ecosystem

5. Conclusion

GT is the native token of the Gate.io exchange, with a total issuance of 1 billion tokens. It is listed on multiple reputable cryptocurrency exchanges. The deflationary mechanism implemented by Gate.io enhances its potential value over time. GT has a range of use cases within the Gate.io ecosystem, further driving its adoption and demand.

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