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The GateChain token, known as GateToken (GT), is the native cryptocurrency of the GateChain public blockchain mainnet. Also, the GT token is the native exchange token of the Gate.io crypto exchange. Holders of the GT token receive exclusive privileges when interacting with the Gate.io exchange, including trading fee debit, airdrops, discounted token prices, and more. Plus, the GT token is essential for paying transaction fees when deploying smart contracts and interacting with decentralized applications (dApps) on the GateChain network. Furthermore, the platform makes it straightforward for developers to migrate decentralized applications (dApps) from other networks, offering a familiar development experience with Ethereum development tools and the Gatechain EVM feature.

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