HONG KONG — 16 NOVEMBER 2017 — The Gatecoin team greatly appreciates the patience of our clients over the last few weeks while we have worked to resume HKD and USD bank transfers.

As described in our previous update, we had to stop processing all HKD and USD transfers following issues with several banks in Hong Kong.

We are happy to announce that we have secured two alternative HKD and USD transfer options and these will be offered through our platform in the coming weeks.

The first is a licensed European payments processor that will facilitate all USD and HKD transfers (credits and withdrawals). This will be available within 4–6 weeks.

The second is a bank based in Switzerland in partnership with a Swiss Asset Management firm that will process larger transactions in USD for OTC trades. This will be available within 2–4 weeks.

We will inform all clients once these solutions become available.

In the meantime, we will be thoroughly testing both services to ensure a smooth transfer process for our clients.

Our EUR SEPA transfers still remain unaffected by our banking relationships in Hong Kong and are working efficiently.

Thank you for your cooperation,

The Gatecoin Team