Pavlo Kot

Gate.io highlights MFSA authorisation and warns of crypto-asset risks in new statement

Gate.io highlights MFSA authorisation and warns of crypto-asset risks in new statement
Gate.io gains MFSA authorization as CASP

Gate.io issued a statement highlighting its authorisation as a CASP and PI by the MFSA and reminded users of the high volatility and risks associated with crypto-asset investments.

Leading Forex Broker in United States
7.68/10
*Rated by real traders on Traders Union
  • Chosen by 2 400+ local traders in the last 3 months.
  • Traders earn on average 12% more per month vs other brokers.
Start with Plus500

Gate.io has communicated that Gate Technology Ltd is authorised by the Malta Financial Services Authority (MFSA) as a Crypto-Asset Service Provider (CASP) and a Payment Institution (PI). The broker also emphasized that crypto-assets are highly volatile and carry the risk of a total or partial loss of the invested amount. Payment features offered by the platform do not mitigate the inherent risks associated with crypto-asset investments. No additional details were provided in the announcement.

Gate.io is a cryptocurrency exchange providing spot and margin trading, as well as futures and ETF products across a range of digital assets, including Bitcoin, Ethereum, Litecoin, Ripple, and the proprietary GateToken (GT). The platform features lending, borrowing, and cloud mining, along with analytical resources, customizable strategies, and interactive education options. For more details on its features and available services, see the broker profile on Traders Union: broker profile on Traders Union.

In the previous Gate.io update, we covered how the platform enables instant GTETH redemptions and detailed its robust liquidity management system to facilitate seamless Ethereum withdrawals. For more insights into these features, read the earlier news about Gate.io on Traders Union here.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.