Gate.io Integrates Reef Chain

Derek E. Silva
Reef
Published in
2 min readNov 22, 2021

Gate.io, a top 20 exchange in volume and reputation, has integrated Reef Chain for deposits and withdrawals. Over its 8 year history, serving millions of users across the world, and processing over $4 billion in trades each day, Gate.io has made a point of continuing to innovate and stay ahead of the curve. This latest integration ensures Gate.io maintains this reputation, and positions itself well for the onslaught of Substrate-based tokens to come.

Reef Chain is a reliable, extensible, efficient and fast blockchain built using Substrate Framework. Reef Chain provides high scalability, enabling almost instant low-cost transactions, and supports Solidity and Ethereum VM, allowing developers to seamlessly migrate their DApps from Ethereum without any change to the codebase. Reef’s vision is to make a blockchain perfect for DeFi, NFT and gaming dApps to build on, allowing for everyone to invest in and build high performing applications on top of Reef Chain.

Screenshot of Gate.io’s REEF Deposit Page

Denko Mancheski, CEO of Reef, said “Any time a team is willing to come along with this on this journey, bringing more affordable and fast transaction to hundreds of thousands of people, we have to congratulate for sharing our vision of ensuring blockchains are usable by all, not just those who can afford hundreds of dollars for a single transaction. Gate.io continues to push the boundaries, and we thank for them supporting the Reef community by integrating Reef Chain.”

This integration comes on the heels of Reef’s recent rebrand, and announcing the winners of our most recent hackathon. We look forward to continue to onboard more developers to Reef Chain, alongside their innovative dApps, tokens, and primitives.

Gate.io now has REEF/USDT and REEF/ETH pairs available, with deposits open now for both Ethereum and Reef Chain transactions.

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Reef
Reef

Published in Reef

Reef is a smart contract blockchain built using Substrate framework. Reef chain provides high scalability, enabling low-cost transactions, and supports Solidity and Ethereum VM, allowing developers to seamlessly migrate their dApps from Ethereum without code change.

Derek E. Silva
Derek E. Silva

Written by Derek E. Silva

Community & developer relations professional.