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Cryptonews

How to Register on Gate.io: A Step-by-Step Guide for Crypto Traders

Introduction
Are you looking to dive into the world of cryptocurrency trading? Gate.io is one of the leading cryptocurrency exchanges, offering a wide range of digital assets, low trading fees, and advanced tools for both beginners and experienced traders. Registering on Gate.io is the first step to accessing this robust platform. In this comprehensive guide, we’ll walk you through the process of how to register on Gate.io, ensuring you can start trading Bitcoin, Ethereum, and other cryptocurrencies with ease. Let’s get started!

Why Choose Gate.io for Crypto Trading?
Before we dive into the registration process, let’s explore why Gate.io stands out among other crypto exchanges. Gate.io supports over 1,400 cryptocurrencies, provides a secure trading environment, and offers competitive fees starting as low as 0.2%. Additionally, with features like futures trading, staking, and a user-friendly interface, Gate.io is ideal for anyone interested in expanding their crypto portfolio. Whether you’re a newbie or a seasoned trader, learning how to register on Gate.io opens the door to these opportunities.

Step-by-Step Guide to Register on Gate.io
Follow these simple steps to create your Gate.io account and begin your cryptocurrency journey:

  • Step 1: Visit the Official Gate.io Website
    Open your browser and go to the official Gate.io website at https://www.gate.io. Ensure you’re on the legitimate site to avoid phishing scams. Look for the “https” and the official domain.
  • Step 2: Click on “Register”
    On the homepage, locate the “Register” button, typically found in the top-right corner. Clicking this will direct you to the registration page where you can sign up using your email or phone number.
  • Step 3: Fill in Your Details
    Email or Phone: Enter a valid email address or phone number to receive a verification code. Password: Create a strong password (at least 8 characters, including letters, numbers, and symbols) to secure your account. Referral Code (Optional): If you have a referral code (e.g., U1QXB1o), enter it to benefit from bonuses or reduced fees. This step is optional but can enhance your trading experience. Agree to the Terms of Service and Privacy Policy, then click “Next.”
  • Step 4: Verify Your Account
    Check your email or phone for a verification code sent by Gate.io. Enter the code on the registration page to verify your identity. Once verified, click “Submit” to complete the initial registration.
  • Step 5: Enable Two-Factor Authentication (2FA)
    For added security, Gate.io recommends enabling 2FA. Download an authenticator app (e.g., Google Authenticator) and scan the QR code provided. Input the 2FA code generated by the app to activate this feature. This step is crucial to protect your account from unauthorized access.
  • Step 6: Complete Identity Verification (KYC)
    To unlock full trading features (e.g., withdrawals), you’ll need to complete Know Your Customer (KYC) verification. Go to “Account” > “KYC” and upload a government-issued ID (e.g., passport or driver’s license) and a selfie. Approval typically takes a few hours, after which you can fully use Gate.io.

Tips for a Smooth Gate.io Registration
Use a Secure Connection: Always register on a secure, private network to protect your data. Keep Your Credentials Safe: Store your password and 2FA backup codes in a secure location. Check for Promotions: Gate.io often offers bonuses for new users. Look for welcome offers during registration.

Benefits of Registering on Gate.io
After successfully registering on Gate.io, you’ll gain access to: A diverse range of cryptocurrencies, including altcoins and DeFi tokens. Low trading fees and high liquidity for seamless transactions. Advanced trading options like margin trading and futures. 24/7 customer support to assist with any issues.

Common Issues and Solutions
Verification Code Not Received? Check your spam folder or resend the code after a few minutes. KYC Rejection? Ensure your documents are clear and meet Gate.io’s requirements. Login Problems? Double-check your credentials or reset your password via the “Forgot Password” link.

Conclusion
Registering on Gate.io is a straightforward process that opens up a world of cryptocurrency trading opportunities. By following this guide on how to register on Gate.io, you can set up your account securely and start exploring the platform’s features. Whether you’re interested in Bitcoin trading, Ethereum investments, or discovering new altcoins, Gate.io is a reliable choice. Sign up today using the referral link https://www.gate.io/signup/U1QXB1o?ref_type=102 to get started and enjoy exclusive benefits!

Meta Description
Learn how to register on Gate.io with this step-by-step guide. Start trading Bitcoin, Ethereum, and more on one of the best crypto exchanges with low fees and advanced features. Sign up now!

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Binance Sends Millions in Crypto to Wintermute Amid Transparency Questions

Bybit Main3
  • Binance sent 110K SOL and 8K ETH to Wintermute, which were not linked to customer withdrawals.
  • Binance’s July PoR shows full backing for SOL and ETH, raising questions on asset origin.
  • The source of the Binance transferred assets raises questions despite reported 100% reserve ratios.

Between August 1 and 2, Binance transferred over 110,000 SOL and 8,000 ETH to Wintermute, a prominent market-making firm. These on-chain transactions occurred within 18 and 4 hours, respectively. The timing and volume of the transfers have raised concerns, mainly because the assets do not appear to be customer withdrawals. Blockchain records show a direct flow from Binance to Wintermute, with no indication that these funds came from user-initiated actions.


Wintermute, which often serves as a liquidity provider on centralized exchanges, has not yet addressed these transfers. Additionally, Binance has not confirmed whether these transactions were part of internal liquidity management or off-exchange settlement. However, the source of these assets is now under public review, in the light of Binance’s recent Proof-of-Reserves (PoR) report.

Proof-of-Reserves Report Lists Full Backing for Customer Funds

According to Binance’s July Proof-of-Reserves data, the exchange claims to maintain full or surplus backing for all major customer-held assets. Ethereum and Solana, the two assets transferred to Wintermute, are both reported as fully backed. For Ethereum, Binance reports a 100% reserve ratio. The exchange holds 5.05 million ETH, matching total customer liabilities, with 251,967 ETH kept in third-party custody.

Beyond ETH and SOL, Binance’s reserve ratios exceed 100% for several other assets. Bitcoin holdings stand at 588,385 BTC, while user balances total 573,997 BTC, giving a reserve ratio of 102.51%. Tether (USDT) maintains a ratio of 101.11% with 29.92 billion USDT held against 29.59 billion in liabilities.

BNB, Binance’s native token, shows one of the strongest positions with a 111.79% ratio. The exchange holds 44.31 million BNB for 39.64 million in user accounts. XRP and USDC also display reserve surpluses. Binance reserves include 2.69 trillion XRP compared to 2.61 trillion customer balances, and 8.58 billion USDC compared to 5.62 billion liabilities, a 152.65% reserve ratio.

Though the PoR report confirms absolute coverage of customer balances, the direct transfers of ETH and SOL to Wintermute have raised demands to make the situation clearer. Its transactions are publicly verifiable and contain movement of asset which is not consistent with the user withdrawals. Binance has not adressed where the money was obtained, but, based on the PoR data, they seem to be fully linked to customer assets.



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