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NoJunkCrypto
The scam-check magazineOctober 2026Free to read

Coins we cover · Exchange token (flagged)

Gate GT

What it is, what can go wrong, and the numbers that matter.

Price$10.14
24 hours+1.9%
Market value$1.1B
Rank#73
Traded today$3M
Past year−36.4%
Research desk verdict

Coming after our contract and holder checks finish for this coin. See the Scorecard for every call so far.

What it is

GateToken, or GT, is the house token of Gate, a crypto exchange founded in 2013 that renamed itself from Gate.io to Gate and moved to the gate.com address in 2025. Like other exchange tokens, GT gives holders benefits on the platform, such as lower trading fees, access to new token sales and launch events, and staking rewards.

GT is also the fee token for the exchange's own blockchains. GateChain launched in 2019, and in 2025 Gate added Gate Layer, a layer-2 network built with Optimism's tools, which uses GT to pay for transactions. In practice, most demand for GT still comes from people using the exchange.

Gate started with 300 million GT and has been buying back and burning tokens on a regular schedule. By January 2026 it reported about 184.8 million GT burned in total, roughly 62% of the original supply. The exchange holds licenses or registrations in several places, including a Dubai license obtained in 2025, but like most offshore exchanges it is not available everywhere, and its token is only as strong as the business behind it.

What can go wrong

Bachi waving

Think of GT as a bet on Gate the company; check whether you can legally use the exchange where you live before buying its token.

Safety checks

History of trouble and big events

Holding a token on a smaller network, or got sent one you don't recognize? Run its address through the free checker. Copycat tokens often borrow big names.

Sources

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