Gate.io, a major cryptocurrency exchange, has issued a statement denying some circulating rumors about its operations and withdrawals.
Gate.io Announces That Its Operations Are Continuing Well
The exchange said its operations are continuing in a healthy manner, withdrawals are functioning properly, and as said, there are no problems with its operations or withdrawals.
The exchange also claimed to be the world's first exchange to provide 100% proof of reserve, and has launched a series of user campaigns to express its gratitude to its users.
According to the statement made by the exchange, it was also stated that the Hong Kong branch of the company has applied for a Virtual Asset Service Provider (VASP) license to the Hong Kong Securities and Futures Commission.
In addition, Gate.io reminded users not to contact them via phone calls, text messages, emails or any other means. He advised users to be careful and avoid giving personal information or money to anyone claiming to be from Gate.io.
*Not investment advice.