#GateOctoberTransparencyReport
The release of the transparency report for October puts forth a picture that reshapes how the market looks at a platform, and this report brings together in one frame such headlines as trading volume, reserve standing, and new service steps.
On the trading side, derivatives trading volume reaches the level of 394 billion, spot trading volume stands at the level of 49.8 billion, and this size on the derivatives side lifts the platform to the third place in the global ranking.
On the reserve side, total reserves climb to the level of 8.688 billion, this figure means a rise of 5.7 percent over the prior period, customer net assets stand at the level of 7.332 billion, and the overall reserve ratio climbs from the level of 117.26 percent to the level of 118.49 percent.
The ratio stands at the level of 121.60 percent on the BTC side and at the level of 123.78 percent on the ETH side, and the report is prepared in a frame that covers 500 assets.
The start of the new money service stands as one more headline of the report, because with this service the account management fee and the withdrawal fee are cut by 50 percent, the monthly management fee falls to the level of 1 unit, the withdrawal fee falls to the level of 25 units, and upper level users are kept exempt from the management fee.
On the proof side, the report rests on a reserve proof frame prepared with Merkle tree and zero knowledge proof methods, because these methods make the cover ratio of user assets checkable in an independent way, and they lift the claim of transparency beyond a mere saying.
For this reason, while watching this report, it will give a far healthier and fuller view to weigh together the path of the reserve ratio, the cover ratios on large assets, the staying power of trading volume, and the response of users to new service steps, rather than to focus only on the total reserve figure.
In the end, the October transparency report should be seen not as a cause for joy for the market but as a threshold where trust is backed by numbers, and choices at this threshold should take shape with a staged, disciplined, and long term view rather than with sudden moves based on one report, which stands out as the most right approach for both the guard of capital and the healthy review of chances.
The market rewards patience and calm in each strong period as it does in this period, tiring those who fall into noise, while it makes the road look clearer for those who read the move with a whole view and make choices with calm judgment rather than with mood.
#GateOctoberTransparencyReport
#WCTCS9
#ShareWeekly
$GT $XRP $ZEC $0G $SOMI
The release of the transparency report for October puts forth a picture that reshapes how the market looks at a platform, and this report brings together in one frame such headlines as trading volume, reserve standing, and new service steps.
On the trading side, derivatives trading volume reaches the level of 394 billion, spot trading volume stands at the level of 49.8 billion, and this size on the derivatives side lifts the platform to the third place in the global ranking.
On the reserve side, total reserves climb to the level of 8.688 billion, this figure means a rise of 5.7 percent over the prior period, customer net assets stand at the level of 7.332 billion, and the overall reserve ratio climbs from the level of 117.26 percent to the level of 118.49 percent.
The ratio stands at the level of 121.60 percent on the BTC side and at the level of 123.78 percent on the ETH side, and the report is prepared in a frame that covers 500 assets.
The start of the new money service stands as one more headline of the report, because with this service the account management fee and the withdrawal fee are cut by 50 percent, the monthly management fee falls to the level of 1 unit, the withdrawal fee falls to the level of 25 units, and upper level users are kept exempt from the management fee.
On the proof side, the report rests on a reserve proof frame prepared with Merkle tree and zero knowledge proof methods, because these methods make the cover ratio of user assets checkable in an independent way, and they lift the claim of transparency beyond a mere saying.
For this reason, while watching this report, it will give a far healthier and fuller view to weigh together the path of the reserve ratio, the cover ratios on large assets, the staying power of trading volume, and the response of users to new service steps, rather than to focus only on the total reserve figure.
In the end, the October transparency report should be seen not as a cause for joy for the market but as a threshold where trust is backed by numbers, and choices at this threshold should take shape with a staged, disciplined, and long term view rather than with sudden moves based on one report, which stands out as the most right approach for both the guard of capital and the healthy review of chances.
The market rewards patience and calm in each strong period as it does in this period, tiring those who fall into noise, while it makes the road look clearer for those who read the move with a whole view and make choices with calm judgment rather than with mood.
#GateOctoberTransparencyReport
#WCTCS9
#ShareWeekly
$GT $XRP $ZEC $0G $SOMI
