Gate launches PoSEC with reported 104.58% cold-storage coverage
Gate has introduced Proof of Security, a verification framework that extends exchange asset checks beyond reserve adequacy.
Gate has introduced Proof of Security, a verification framework that extends exchange asset checks beyond reserve adequacy. Gate (GT) is trading at ₹909 ($9.61), down 0.3% since this brief published. This is an original Token Times brief based on reporting by NewsBTC, with live market data added, as of Fri, 06 Nov 2026 00:00:01 UTC.
Gate’s new framework seeks to make storage arrangements and extreme-risk coverage part of public security verification. The reported coverage level gives users an additional metric for assessing how the exchange safeguards assets beyond conventional reserve checks.
- Gate says PoSEC extends verification beyond reserve checks.
- Reported cold-storage coverage reaches 104.58%.
- GT trades at $9.64, down 1.51% over 24 hours.
- Bitcoin fell 6.06%; sentiment remained neutral at 50.
NewsBTC reports that 
Gate has launched Proof of Security, or PoSEC, describing the exchange as the first digital-asset trading platform to introduce such a verification system. The framework is presented as an expansion of security checks covering not only reserve adequacy but also asset-storage structures and risk-coverage capabilities.
A reported 104.58% cold-storage coverage rate is the launch’s headline figure. Gate says PoSEC differs from Proof of Reserves because it places additional emphasis on how assets are stored and quantifies coverage for extreme-risk scenarios, rather than focusing only on whether reserves are sufficient.
The initiative follows Gate’s establishment in 2013, during which the exchange says it has prioritized user-asset security. NewsBTC is the only supplied outlet covering the announcement, so there is no independent corroboration in the available material; Gate’s first-in-industry characterization remains a company claim reported by the outlet.
Market conditions were broadly negative during the reported launch. Gate’s GT token traded at $9.64, declining 1.51% over 24 hours but gaining 1.06% over seven days, with a $1.01 billion market capitalization. 
Bitcoin fell 6.06%, the total crypto market capitalization stood at $2.6 trillion, and the Fear & Greed index was 50, classified as neutral.
Since this brief published about 3 hours ago, Gate (GT) has moved from ₹912.14$9.64 to ₹909.30$9.61 — -0.31%.
The chart plots GT's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 GT ≈ ₹971.14 (about $9.61), down 2.4% over 24 hours. The rupee itself trades about 6.8% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Gate launches PoSEC with reported 104.58% cold-storage cover — questions & answers
What is Gate’s Proof of Security framework?
Proof of Security is Gate’s asset-security verification framework. According to NewsBTC, it expands beyond reserve adequacy to address storage structures and risk-coverage capabilities.
What cold-storage coverage did Gate report?
Gate reported cold-storage coverage of 104.58%. NewsBTC provided no independent calculation or corroboration for that figure.
How did crypto markets perform around the announcement?
Bitcoin fell 6.06% over 24 hours, while total crypto market capitalization was $2.6 trillion. The Fear & Greed index remained neutral at 50, and GT was down 1.51%.
How much is 1 Gate worth in rupee today?
About ₹971.14 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $9.61. The rupee price moves with both GT's US-dollar price and the USDT/INR rate; use our Gate in rupee page for any amount.
Has Gate's price moved since this brief was published?
GT is down 0.31% since this brief first published — trading at ₹909 ($9.61) now versus ₹912 ($9.64) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from NewsBTC. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.