Gate US Launches USD Balance Trading and USD Wire Transfer Service, Expanding Fund Management and Transfer Capabilities

October 29 — Gate US now supports USD balance trading and has officially launched USD Wire deposit and withdrawal services, according to official sources. Users no longer need to convert funds into stablecoins and can hold USD balances directly in their platform accounts, using them when they need to trade.

Through upgraded banking and payment infrastructure, Gate US users in eligible regions who have completed verification can use their own US bank accounts to make large USD transfers via USD Wire. The service supports higher transfer limits than regular bank cards or in-app transfers, and users can also withdraw USD balances to the same verified bank account, subject to applicable limits and processing requirements. Users can open the Gate US App, go to the Wallet page, select the USD option, and follow the on-page instructions to complete the process. When transferring, users must enter the dedicated reference code provided on the page so the system can identify and match the corresponding account.

Gate US continues to advance compliance efforts in the US market and currently holds 37 state-level Money Transmitter Licenses (MTLs), serving 47 US states and territories. By continuously upgrading banking and payment infrastructure and expanding its network of financial and technology partners, Gate US will continue to enrich its fiat currency services and fund transfer options, further connecting digital asset trading with traditional financial services. USD deposit and withdrawal services are available only in certain US jurisdictions; residents of Colorado, Hawaii, Missouri, New Jersey, Utah, or Wyoming cannot use the service.