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Gate.io announced its ranking as number two in RootDataCrypto's latest global spot stock exchange rankings, reporting a 24-hour trading volume of $61.24 million and a 17.19% market share. The rankings, based on public order book data and trading volume, reflect Gate.io's position among several exchanges analyzed in RootData's new Beta ranking.
RootData has introduced a Beta version of its tokenized stock spot exchange rankings, using public order book data and trading volume metrics to assess exchanges offering these assets. According to the published data, Gate.io is positioned among the top exchanges, reporting a 24-hour trading volume of $61.24 million and a 17.19% market share, with Binance noted as holding the highest volume and share. The methodology currently prioritizes transparency but does not provide detailed breakdowns for each exchange. The announcement also notes that the ranking’s coverage will expand to include more exchanges and asset types in future updates.
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Gate.io is a multifunctional cryptocurrency exchange offering spot, margin, futures, and ETF trading for a wide range of digital assets, including Bitcoin, Ethereum, Litecoin, Ripple, and the site’s proprietary GateToken (GT). The platform features a user-friendly TradingView terminal, cloud mining, crypto lending and borrowing, customizable trading strategies, and an interactive system for newcomer education. For more details, visit the broker profile on Traders Union.
For more background, see the previous Gate.io update on Traders Union, which covered the launch of Japanese stock trading on Gate.io’s platform, expanding the broker’s international equities offering. This recent development continues Gate.io’s broader strategy of innovative trading solutions for global markets.