Gate io, a prominent crypto exchange, has formally released a crucial upgrade to boost user interaction with assets onchain.
Crypto exchange Gate.io has announced the launch of MemeBox 2.0, a crucial upgrade to boost user interaction with assets onchain. As per Gate.io, the exchange is launching MemeBox 2.0 which provides a seamless way to trade well-known meme coins without complications that are typically linked to Web3 environments. The endeavor is a noteworthy upgrade to offer a relatively user-friendly and streamlined approach to meme coin trading.
The upgrade permits consumers to directly trade favorite meme coins across key blockchain networks like Ethereum (ETH), Base, and BNB Chain using the top stablecoin Tether (USDT) in their spot accounts on Gate.io. This means consumers can circumvent the requirement for chain switching, a separate authorization process, or Web3 wallets. It also eliminates huge friction points existing in the trading experience on-chain.
The upgrade reportedly offers a one-click trading experience, making Gate.io a gateway for consumers to seamlessly trade meme coins. Hence, the users can engage with meme coin trading with great speed and convenience. At present, the respective feature can be accessed via the mobile app of Gate.io. Specifically, those utilizing the version 6.58.2 or above can leverage the respective upgrade.
In celebration of this remarkable upgrade, Gate.io is also launching the MemeBox 2.0 Trading Carnival. The event has a significant allocation of nearly $80,000 in rewards across 4 exclusive campaigns: Zero Trading Fees, First MemeBox Trade Bonus, Product Feedback Reward, and Social Media Exclusive Benefits.
According to Gate.io, the Zero Trading Fees campaign includes the exemption from trading charges. This enables consumers to interact with on-chain assets in a cost-efficient way. In addition to this, the First MemeBox Trade Bonus targets the consumers accomplishing the initial trade through MemeBox 2.0. They can get a random coin airdrop within the 0.05 GT- 1 GT range. The respective reward emerges from a prize pool of $60,000.
Moreover, the Product Feedback Reward campaign focuses on the users submitting precious suggestions during the entire event to provide 100 USDT for each submission. Furthermore, the Social Media Exclusive Benefits serve participants engaging in official MemeBox Twitter operations.
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