Gate launches fiat onramp for selected CIS countries

Gate announced the launch of a localized fiat onramp for selected Commonwealth of Independent States (CIS) countries. The service enables purchases of major cryptocurrencies using local currencies through instant domestic bank transfers and domestic bank cards.

The company cited strong regional demand for simpler fiat-to-crypto options, noting daily crypto trading volume in the region is about $650 million and that millions of users participate in the market.

To process local payments, Gate integrated regional payment infrastructure, including instant domestic bank transfers and domestic card acceptance. Those channels are intended to reduce fees and delays associated with international transfers and allow zero cross-border fees when payments are routed over local rails.

The onramp provides a localized user experience, with interface, customer support and documentation available in local languages. Gate will offer a curated selection of popular cryptocurrencies chosen to reflect regional market interest rather than the platform’s full global listing.

The company did not publish a detailed rollout schedule or a list of the selected CIS countries. Gate warned that access to services may be restricted in certain locations under its user agreement.

Founded in 2013 by Dr. Han, Gate operates a global digital-asset trading platform that serves more than 52 million users and lists over 4,600 digital assets. The firm promotes a 100% proof-of-reserves practice and runs additional products including Gate Wallet, Gate Ventures and AI-related services.

The announcement included a disclaimer that the content is not investment advice and recommended that users seek independent professional guidance before making investment decisions.