Gate.io has highlighted its approach to listing new tokens on centralized exchanges amidst growing challenges in the cryptocurrency market. As new ecosystems like SocialFi emerge, there is a heightened demand for timely access to new cryptocurrencies. Gate.io emphasizes balancing speed with safety, necessitating rigorous due diligence and adherence to Anti-Money Laundering (AML) and Know-Your-Customer (KYC) regulations. The exchange assesses tokens for security vulnerabilities by examining their smart contracts and monitoring for excessive administrative control or minting risks. This process includes evaluating the distribution of token holders to prevent price manipulation risks. Gate.io aims to enable users to benefit from early access to promising tokens while minimizing potential risks associated with new listings. The article illustrates these practices with the case of Swarms, a cryptocurrency that rapidly gained value after its launch, showcasing the advantages of being listed on platforms like Gate.io quickly.

Source 🔗