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Spot
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Points
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Convert & Block Trading
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Leveraged Tokens
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Futures
Futures
Hundreds of contracts settled in USDT or BTC
Options
HOT
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Unified Account
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Futures Kickoff
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Futures Events
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Demo Trading
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CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
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Alpha Points
NEW
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
NEW
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-Stop Lending Hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
BTC Staking
HOT
Stake BTC and earn 10% APR
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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China imprisons five people for a scheme to launder 166 million dollars in cryptocurrency.
The Beijing court sentenced 5 operators of an illegal foreign exchange ring to 2–4 years in prison for using USDT to transfer over 166 million USD abroad. This is considered one of the largest cases in China related to money laundering with cryptocurrency, marking a step forward in the authorities' ability to trace blockchain transactions. From January to August 2023, this group converted customer funds into USDT through multiple accounts, disguising illegal foreign exchange transactions.
At the same time, the Governor of the People's Bank of China, Pan Gongsheng, warned that stablecoins threaten global financial stability and affirmed a “zero tolerance” stance towards private cryptocurrencies.
Following directives from Beijing, Ant Group and JD.com have also canceled plans to issue stablecoins in Hong Kong, reflecting China's hardline stance on digital assets.