About GT
$GT is the native token of Gatechain mainnet. It became exchange token of Gate.io formally on March 2, 2020 with the new name “ GateToken”.Since then, $GT has been developing together with Gate.io.At its early stage, $GT was distributed to Gate.io Point purchaser as a free gift, initial supply of 1 billion. With 0.7 billion burned afterward, the current maximum circulation is 0.3 billion. As buyback and burning plans have been implemented, $GT is entering into absolute deflation.As an important part of Gate.io ecosystem, $GT can be used in VIP tier escalation, trading fee debit, exclusive activities participation and more.Gate.io will also increasingly empower $GT with more and more applications and use cases to improve its intrinsic value.
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Frequently Asked Questions
What Is GateChain?
Read MoreGateChain is a public blockchain which facilitates digital asset transfers, and claims to be “dedicated to asset safety.”
The network’s native token is GateToken (GT). It’s mainly used to pay transaction fees, but users can also stake it to validate transactions and secure the network in exchange for rewards.
GateChain offers an on-chain wallet for users to manage their digital assets directly on the network itself, thereby eliminating the need for a third-party wallet. It’s also fully integrated with the Ethereum Virtual Machine (EVM), making it easy to deploy Ethereum-based smart contracts on the platform.
Who Are the Founders of GateChain?
Read MoreGateChain was launched by Gate.io, a global crypto exchange, in 2018. The company is based in Zurich, Switzerland, and was founded by Thomas Kofler and Wassilios Lytras, according to Crunchbase.
What Makes GateChain Unique?
Read MoreGateChain boasts a block time of just 4 seconds and can achieve up to 2,745 transactions per second (TPS), while offering low gas fees of as little as $0.0001 per transaction.
Developers can create and deploy their own smart contracts on the GateChain network, which provides a vast array of potential use cases.
To encourage developers to migrate their Ethereum dApps to GateChain, GateChain introduced an 'EVM account' type and expanded the account system. The platform also supports Ethereum's 0x address, which allows users to run their assets on both networks using the same address without having to create a new account on GateChain.
How Many GateTokens (GT) Are There in Circulation?
Read MoreThere are 97,810,057 GT tokens circulating as of June 2023. The maximum supply is 300,000,000.
How Is the GateChain Network Secured?
Read MoreGateChain is secured by a proof-of-stake algorithm. Users can stake their GT tokens and become validators responsible for security of the network and process transactions in exchange for a share of the transaction fees, paid in GT tokens.
The GateChain team also developed an on-chain safety account and customizable time-delay recovery features to offer users asset safety even if private keys are hacked.
Where Can You Buy GateTokens (GT)?
Read MoreGateToken is listed on Gate.io, Huobi, LBank, Bitfinex and more.
Want to keep track of GT live prices? Download the CMC mobile app.
What is the all-time high price of GateToken (GT)?
Read MoreThe all-time high of GT was 13.09 USD on 2021-05-13, from which the coin is now down 11.993888464476703%. The all-time high price of GateToken (GT) is 13.09. The current price of GT is down 11.993888464476703% from its all-time high.
How much GateToken (GT) is there in circulation?
Read MoreAs of
, there is currently 88.77M GT in circulation. GT has a maximum supply of 0. What is the market cap of GateToken (GT)?
Read MoreThe current market cap of GT is 1.02Bn. It is calculated by multiplying the current supply of GT by its real-time market price of 11.52.
What is the all-time low price of GateToken (GT)?
Read MoreThe all-time low of GT was 0.26669252
, from which the coin is now up 4219.58121660105%. The all-time low price of GateToken (GT) is 0.26669252. The current price of GT is up 4219.58121660105% from its all-time low. Is GateToken (GT) a good investment?
Read MoreGateToken (GT) has a market capitalization of $1.02Bn and is ranked #118 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze GateToken (GT) price trends and patterns to find the best time to purchase GT.