What is gate token used for?

It became the exchange token of Gate.io officially on March 2, 2020 .

GateToken (GT) is a unique token of Gate.io cryptocurrency exchange. It is a token that is deeply connected with the exchange’s chain and the way it works, as it is being used for powering the platform, paying gas fees, facilitating liquidity between cryptos , and much more, as discussed above.

GateToken (GT) is the unique exchange token of Gate.io exchange and the native token to Gatechain public chain .