Crypto Exchange Gate was launched in the US and is the first to offer spot trading services to its US customers. Founded in 2013 by Chinese scientist Lin Han, the company improved clarity of its regulations in the country as a reason for its movement.
According to GATE, it will initially provide crypto trading pairs to its US customers, providing future services and custody wallet support for fiat-on-ramp and off-ramp. As of July 24th, the exchange had provided over 3,800 trading pairs on its platform. It is one of the largest asset varieties on the market.
Gate’s spot trading volume has reached $6.8 billion in the last 24 hours, according to Coinmarketcap.
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“As a strategic hub for the global crypto landscape, the US has long held a key position in areas such as digital finance regulations, innovation and capital market development, attracting major crypto platforms around the world,” the company said in a statement.
The move comes as crypto exchanges are re-entering the US amid increasing regulatory clarity. After President Trump pledged to make the United States the “crypto capital of the world capital,” lawmakers introduced a bill aimed at establishing a regulatory framework for digital assets, including genius laws and clear actions.
Related: Trump’s Cryptoworking Group is pushing for clearer rules as adoptions grow
More Crypto Exchanges Enter the US
Crypto Exchange OKX rejoined the market in April 2025 following a $505 million settlement with the US Department of Justice. The company is reportedly considering its first public offering in the country.
Binance.us was also rumored to resume serving its customers. According to Chainalysis, the US crypto market stands out with its wide margins worldwide. Between July 2023 and June 2024, the country received more than $750 billion in crypto value, and has warned other top countries like the UK and Russia.
Cryptocurrency transactions by country. Source: Chain Analysis
According to Security.org, 28% of American adults owned Crypto in 2025, or 14% of Americans who owned Crypto in 2025 and did not own Crypto in 2025, but 67% of current holders plan to buy more. Bitcoin (BTC) is the most commonly owned cryptocurrency, followed by ether (ETH).
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