Gate rolls out localized fiat on-ramps in CIS, chasing ~$650M in daily volume
Gate has rolled out localized fiat on‑ramps for selected CIS countries, letting users fund Gate accounts in domestic currencies and move into mainstream crypto without cross‑border friction.Gate has launched a localized fiat “recharge” (on‑ramp) channel for selected CIS countries to make it easier for local users to buy mainstream crypto with their domestic currencies.The move targets a regional market where daily crypto trading volume is estimated around $650 million and the active user base is in the millions, sharply increasing demand for convenient, compliant funding rails.The new channel supports real‑time bank transfers, bank cards, and other local payment methods with full local‑language UI, support, and docs, aiming to cut costs and delays versus traditional cross‑border transfers and to link fiat deposit directly to crypto asset allocation. Gates CIS-focused fiat channel allows users to fund their accounts in local currency and immediately convert into leading crypto assets on the exchange, significantly lowering the practical and psychological barrier to entry for new users. By integrating domestic bank transfers, local card schemes, and other region-specific payment solutions, the platform sidesteps many of the pain points associated with cross-border wires and international card processing, such as high fees, long settlement times, and elevated decline rates.