Gate.io teams up with Sumsub to streamline user onboarding and stay fully compliant with tightening crypto regulations
Sumsub is pleased to announce its collaboration with Gate.io, one of the world’s pioneering cryptocurrency exchanges that offers services related to the trading of multiple leading digital assets.
Gate.io has chosen Sumsub for AML screening, KYC and Travel Rule solutions based on the high quality standard upheld by both companies. This collaboration will allow Gate.io to enhance user onboarding processes while ensuring AML compliance with crypto regulatory requirements in all parts of the world the company operates.
As the demand for cryptocurrencies continues to grow, so does the need for robust KYC, AML, and anti-fraud measures. By combining Sumsub’s cutting-edge verification technologies with Gate.io’s innovative blockchain solutions, this collaboration will provide a secure and seamless onboarding experience for cryptocurrency enthusiasts worldwide.
“We are deeply grateful for our collaboration with Gate.io, a leading digital asset trading platform. At Sumsub, our mission is to provide cutting-edge verification solutions, and we are proud to support Gate.io in their commitment to creating a secure and seamless experience for crypto users all over the world,”says Peter Sever, co-founder and Chief Strategy Officer of Sumsub.
“We are thrilled to start working with Sumsub, a global leader in identity verification, anti-fraud and compliance. Gate.io always prioritizes asset security as well as meeting regulatory requirements to best safeguard users’ assets. With Sumsub, we’re confident that our crypto exchange platform will stay fully compliant in the evolving AML regulatory landscape. By implementing Sumsub’s KYC, AML screening as well as Travel Rule solutions across Gate Group, we make sure to provide the best user experience possible to our global customers,”adds Dr. Han Lin, Founder and CEO of Gate Group.
Established in 2013, Gate.io is one of the world’s earliest cryptocurrency exchanges and a leader among compliant and secure digital asset platforms, offering diverse trading services with 100% user-verifiable Proof of Reserves. Further, the platform has consistently ranked as one of the top 10 cryptocurrency exchanges based on liquidity and trading volume on CoinGecko. It has also received a rating of 4.8/5 by Forbes Advisor UK, topping the list of Best Crypto Exchanges for 2023.
Besides its primary exchange services, Gate.io has diversified its ecosystem to offer decentralized finance, research and analytics, venture capital investing, wallet services, startup incubation, and more. The platform currently serves more than 13 million active users worldwide.