Gate has released the latest reserve data. I went through it and felt like it's just one sentence: the money is here, and it can be withdrawn.

In the crypto world, USDT is indispensable. Whether you are trading contracts, arbitraging, or holding coins, you ultimately need to convert back to USDT. Therefore, to determine whether a platform is reliable, you need to check if it has enough USDT and mainstream coins, and whether it has real assets backing it.

This time Gate's numbers are quite solid:
Total reserves of 11.676 billion USD, coverage rate of 124%.
It means that the user deposits 1 unit, and it prepares 1.24 units.

Key points to mention:
1. USDT is stable in this area.
The USDT stored by everyone in Gate has increased from 1 billion to over 1.3 billion.
Gate has prepared 1.58 billion, with sufficient liquidity, not afraid of a run.
2. BTC / ETH is not just a number; it is a solid supplement.
BTC users deposited 18,600 coins, Gate prepared 24,800 coins.
ETH is the same, the ratio of extra preparation has also increased.
This is called: the more users stake, the more it increases.

3. Niche coins are also not being fooled.
For small coins like GT, DOGE, and XRP, the reserve ratio is over 100%.
Other platforms only focus on major coins, but Gate manages even tail assets.

To summarize:
It's not just about shouting security; it's about showing you the funds openly. Both mainstream coins and small coins are sufficient, and withdrawals won't get stuck.

See details yourself:

#GatePoR