What is GT coin? Learn what GT coin is in one minute

As the native token of Gate.io exchange built on the Binance Smart Chain, GT Coin (GT) offers benefits like trading fees discounts, VIP membership, governance rights, and staking rewards.

Oct 25, 2024 at 03:01 am

What is GT Coin?

1. Definition
GT Coin (GT) is the native token of the Gate.io exchange, created on the Binance Smart Chain (BSC).

2. Utility
GT Coin serves various functions:

Trading Fees Discount: GT holders receive discounts on trading fees on the Gate.io exchange, up to 20%.
VIP Membership: Holding a certain amount of GT grants access to exclusive VIP tiers, offering enhanced benefits and services.
Governance: GT holders have voting rights in governance decisions related to the exchange, such as new feature introductions.
Staking: GT can be staked to earn rewards and participate in community activities.
Payment: GT can be used as a payment method for select services within the Gate.io ecosystem.

3. Details

Total Supply: 300,000,000 GT
Circulating Supply: 165,671,904 GT (as of March 8, 2023)
Contract Address (BSC): 0xE40f3D584971B223C9C18d01E681682911743C79

4. Market Performance
GT Coin has performed well since its launch, consistently ranking among the top 10 exchange tokens by market capitalization. As of March 8, 2023, it holds the position of the 8th exchange token, with a market cap of over $1.2 billion.

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