Trade
Trading Type
Spot
Trade crypto freely
Pre-Market
Trade new tokens before they are officially listed
Margin
Magnify your profit with leverage
Convert & Block Trading
0 Fees
Trade any size with no fees and no slippage
Alpha
Points
Get promising tokens in streamlined on-chain trading
Leveraged Tokens
Get exposure to leveraged positions simply
Futures
Futures
Hundreds of contracts settled in USDT or BTC
Options
HOT
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Participate in events to win generous rewards
Demo Trading
Use virtual funds to experience risk-free trading
Earn
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
NEW
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
NEW
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
NEW
No forced liquidation before maturity, worry-free leveraged gains
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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Promotions
Activity Center
Join activities and win big cash prizes and exclusive merch
Referral
20 USDT
Earn 40% commission or up to 500 USDT rewards
Announcements
Announcements of new listings, activities, upgrades, etc
Gate Blog
Crypto industry articles
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How did BYD Auto manage to sell more than 100 cars for Pi Coin amid the ban?🔥💰🚀
In China, reports mentioned that BYD Auto Service Co., Ltd. sold more than 100 cars using Pi Coin (PIGCV314159$) belonging to the Pi network, where each car was exchanged for 0.2 Pi.
Based in Yuhua District, Changsha City, Hunan Province, this company conducted these transactions despite China's strict ban on trading, mining, and using cryptocurrencies, citing financial risks, fraud, and capital outflows.📉👌
The legality of this sale is still unclear, as China banned all cryptocurrency-related transactions in 2021. However, cryptocurrency trading, secret and alternative exchange systems still exist. The legitimacy of BYD Auto Service's actions is still unclear, as digital currency transactions are considered illegal under Chinese law.🇨🇳🔥✔️
It seems that the unauthorized Pi Coin currency PIGCV314159$ is a speculative gray market value (GCV) used in community-led transactions. The symbol "314159" refers to Pi (π), a recurring pattern in the Pi Network brand. 🔥👌
According to reports, major companies including Gaoling Group, Sequoia Capital, Hongyuan Construction, Poly Group, and Hunan Pailian Co., Ltd. support the BYD Auto Service. 🔥✔️
The use of Pi Coin to purchase vehicles raises questions about whether these transactions are officially recognized or just unofficial barter deals.🔥👌?
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