Alyssa Davidson
Posted: November 19, 2024 4:06 AM Updated: November 19, 2024 4:07 AM
Correction and fact check date: November 19, 2024, 4:06 AM
briefly
Gate Group announced the launch of Gate OTC fiat deposit and withdrawal service on Gate.MT. This provides a more accessible and efficient fiat-to-cryptocurrency gateway for European users.
Gate Group, a virtual asset services provider that operates cryptocurrency exchange Gate.io, has announced the launch of Gate OTC fiat deposit and withdrawal service on Malta-based platform Gate.MT. This move represents a key advancement in Gate Group’s global compliance strategy, providing a more accessible and efficient fiat-to-crypto gateway for European and international users.
“The launch of Gate OTC Malta further enhances our global service capabilities, providing users with a more secure and convenient way to deposit and withdraw digital assets,” a Gate OTC spokesperson said in a written statement. He added, “Compliance and the safety of our users’ funds remain our top priorities as we strive to build trust through innovation and service excellence.”
Gate OTC Malta facilitates direct conversion of multiple fiat currencies, including major currencies such as the Euro, through its instant deposit feature, providing users with a fast and efficient trading experience. Additionally, Gate.MT has received approval from local regulators to ensure that its OTC services provide a compliant and safe option for fiat-to-cryptocurrency transactions.
Gate OTC Malta also emphasizes personalized customer service, offering one-on-one support with a customer service team available in multiple time zones and locations. This ensures that users around the world receive high-quality service regardless of location or time zone.
Gate OTC Malta launches welcome offer
To celebrate the official launch of Gate OTC Malta, a special limited-time welcome offer has been introduced. New users who complete their fiat deposit before December 31, 2024 can benefit from a 1:1 USD to USDT conversion rate without additional fees. The proposal aims to increase the accessibility and attractiveness of digital asset deposits by lowering the barrier to entry for new users.
Gate.MT, regulated by the Malta Financial Services Authority, is preparing to offer its services to all European Union users in compliance with the Markets in Cryptocurrency Assets (MiCA) Regulations, which are scheduled to come into effect in January 2025. Gate.MT, the European arm of Gate Group, aims to provide secure, compliant and innovative cryptocurrency services across Europe.
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About the author
As MPost’s resident journalist, Alisa specializes in the broad areas of cryptocurrencies, zero-knowledge proofs, investing, and Web3. With a keen eye for new trends and technologies, she provides comprehensive coverage to inform and engage readers about the ever-evolving digital financial landscape.
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Alyssa Davidson
As MPost’s resident journalist, Alisa specializes in the broad areas of cryptocurrencies, zero-knowledge proofs, investing, and Web3. With a keen eye for new trends and technologies, she provides comprehensive reporting to inform and engage readers about the ever-evolving digital financial landscape.
more articles