Gate US Launches Customized Services for Enterprise and Institutional Clients

Gate US expands its U.S. operations with a fiat purchase service, allowing transactions from $20 to $15,000 under 30 state licenses across 40 jurisdictions.

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Summary

Gate US officially announced the launch of its fiat purchase service, enabling users to directly buy digital assets with amounts ranging from $20 to $15,000. According to the company’s statement, this new feature is designed to improve accessibility and compliance for both retail and institutional investors. The platform currently operates with 30 state-level licenses, covering activities across 40 U.S. jurisdictions. This follows Gate US’s prior initiatives targeting enterprise and institutional clients, including KYB onboarding, VIP fee discounts, higher limits, and exclusive support.

Terms & Concepts
  • KYB (Know Your Business): A verification process used to confirm the legitimacy and identity of corporate clients before providing financial services.
  • Money Transmitter License: A legal authorization required for companies to engage in money transfer activities within specific US jurisdictions.
  • Digital Asset Economy: An ecosystem comprising cryptocurrencies, tokens, and other blockchain-based assets, along with the infrastructure and services that support their use.