Gate.io Rises to #2 in Global Spot Stock Exchange Rankings

Gate.io has secured the number two spot in RootDataCrypto's Beta ranking of global spot stock exchanges, according to recent data. The rankings are based on public order book data and trading volume metrics.

Gate.io reported a 24-hour trading volume of $61.24 million and a market share of 17.19%, with Binance holding the highest volume and share among the analyzed exchanges.

The methodology behind RootData's ranking prioritizes transparency but does not provide detailed breakdowns for each exchange. The announcement also notes that the ranking's coverage will expand to include more exchanges and asset types in future updates.