Gate.io works with Pyth Network to provide crypto price data in real time
Gate.io works with Pyth Network to provide crypto price data in real time
[Press Release - Singapore, Singapore, 18th October 2021]
global trading platform for cryptocurrencies, gate.io announced a partnership with the decentralized financial data Rel = "NOFOLLOW NOOPENER" TARGET = "_ Blank" href = "https://pyth.network/" Data-wpel-Link = "Exclude"> Pyth-Netzwerk to provide reliable price data for cryptocurrencies on the platform.
"The provision of exact and reliable cryptocurrency data for users is one of our top priorities at Gate.io. Over 6 million users around the world rely on current, reliable data when trading on our platform. Therefore, we have put together with the PYTH network to ensure the best possible trading experience," said Marie Tatibouet, Chief Marketing Office at Gate.io
gate.io was founded in 2013 and has developed into one of the oldest cryptocurrency exchanges in the world. The platform operates over 6 million users and offers over 1,700 trading pairs with 1,000 different cryptocurrencies that are listed on the main exchange. In addition to trading in Leveraged Futures and derivatives, Gate.io also offers regular spot trade. In addition to trading in cryptocurrencies, the Gate.io ecosystem also has an investment arm, Gate Ventures, a native blockchain ecosystem in Gatechain, an NFT marketplace in NFT Magic Box and a defi platform called Hipo Defi.
pyth Network is a data aggregation platform based on Solana for the decentralized financial market (Defi). It helps to solve a problem that is confronted by defi by providing high-fidelity and time-critical data.
gate.io believes that the global financial market will change its shape with the further growth and maturation of the defi market. Through the partnership with the Pyth network, data providers such as Gate.io constant live market data and developers can access this data directly in the blockchain. By using its position as a top 10 cryptocurrency exchange, Gate.io hopes to promote and contribute the expansion of the global defi ecosystem
about gate.io
gate.io enables blockchain enthusiasts to act and store assets in over 890 of the leading cryptocurrencies for over 6 million users from over 190 countries. The stock exchange offers spot, margin, futures and contract trade in addition to defi products via hipo defi, deposit services via wallet.io, investments via gate labs and the dedicated gatechain platform. The company also offers a fully integrated product suite such as its startup IEO platform, the NFT Magic Box-Marktplatz, crypto loan and more.
about the Pyth network
The Pyth network is a specialized oracle solution for latency-sensitive financial data that is usually kept behind the "Walled Garden" of centralized institutions. The Pyth network focuses on finding a new and inexpensive path to bring this unique data into the chain and to safely aggregate it.