Crypto exchange Gate.io has just announced it will soon celebrate its ninth anniversary. According to the platform, it will unveil a new website design and identity on May 27, in addition to an update for its mobile app.
Also, according to the press release shared by the company, the exchange intends to hold several contests with a total prize pool of $9 million.
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The redesign will affect the logo, tagline and color scheme. The Gate.io mobile app will have a Lite app mode with a simplified interface that will allow exchanging 1,400 cryptocurrencies and tokens.
Gate.io will also reportedly run a series of contests with a total prize pool of $9 million. The first event will be the Gold Bar contest, where participants will share the $50,000 prize pool and the winner of the competition will receive a gold bar weighing 999 grams.
Gate.io is a Chinese cryptocurrency exchange that offers its services to 10 million users and is one of the top 10 exchanges in terms of traffic.