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Gate US Launches U.S. Spot Trading Despite Deep Crypto Skepticism

The Seychelles-based exchange is leveraging a compliance-first model with planned service expansions to counter a Gallup survey showing 87% of Americans view crypto as risky

Gate US debuts amid a market that is skeptical about crypto
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Gate us officially launches to offer secure and compliant crypto trading to u.s. customers

Overview

  • On August 1, Gate US opened spot trading to American users, offering an initial suite of crypto-to-crypto trading pairs.
  • Fiat deposit and withdrawal services will follow in the coming months, with custodial wallet functionality slated for later rollout.
  • A Gallup poll reveals only 14% of Americans have adopted cryptocurrency, underscoring the hurdles posed by widespread risk perceptions.
  • Gate US is operated by Seychelles-based Gate Group, which commands up to $6.8 billion in daily trading volume globally.
  • Alongside launching trading services, the platform is rolling out educational initiatives and forging partnerships with U.S. banks as Congress debates bills to clarify digital asset rules.